$10,000 Closing Credit*
$999,900
1,544 SqFt
2 Beds
•1 Full Bath, 1 Partial
John Barker, Listing Office: Windermere RE/Capitol Hill,Inc
Is East, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, East has remained a Seller's Market.
Key Takeaway
East is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East, WA
How much do homes in East, WA cost?
Median Sold Price
$770,000
$659/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$9,850(+1.3%)
Key Takeaway
Homes in East have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in East was $770,000 in November 2024, up 1.3% from last year, and the median price per square foot was $659.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $408K | $399.4K | -2.1% |
| 2 Bedrooms | $713.5K | $699K | -2.0% |
| 3 Bedrooms | $1.2M | $1.2M | +2.7% |
| 4 Bedrooms | $1.8M | $2.1M | +16.3% |
| 5+ Bedrooms | $2.9M | $3.1M | +6.0% |
Summary: East housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Neighborhoods
| Stevens | $1.0M | $1.2M | +27.8% |
| Capitol Hill | $1.4M | $1.7M | +20.6% |
| East | $760.1K | $770K | +1.3% |
Housing Supply in East, WA
How many homes are available in East, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 293 | 272 | -7.2% |
Summary: The East real estate market had 272 homes for sale in November 2024, a 7.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 110 | 97 | -11.8% |
| 2 Bedrooms | 92 | 94 | +2.2% |
| 3 Bedrooms | 45 | 39 | -13.3% |
| 4 Bedrooms | 29 | 27 | -6.9% |
| 5+ Bedrooms | 17 | 15 | -11.8% |
Summary: The East housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.8%, 2 bedroom homes increased by 2.2%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes decreased by 11.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 49 | -15.5% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East, expect to pay close to the asking price. 44.9% of homes here sold near the asking price last month.
Summary: A total of 49 homes were sold or pending in East in November 2024, down by 15.5% month-over-month. Of the 49 sold homes, 43% were sold under asking, 45% were sold at asking, and 12% were sold over asking.
Days on Market for East, WA
How long does it take to sell a home in East, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 56 Days | 46 Days | -18.7% |
Summary: Homes in East had an average of 46 days on market in Nov 2024, down by 18.7% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in East are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 49 homes were sold in East; 59% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.