$3,503 Closing Credit*
$295,000
574 SqFt
1 Bed
•1 Full Bath
Edward Krigsman, Listing Office: Windermere Real Estate Co.
Is East, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$785,000
$661/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,222(+4.3%)
Key Takeaway
Homes in East have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in East was $785,000 in October 2024, up 4.3% from last year, and the median price per square foot was $661.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $399.9K | $399K | -0.2% |
| 2 Bedrooms | $708K | $699.5K | -1.2% |
| 3 Bedrooms | $1.2M | $1.2M | -0.4% |
| 4 Bedrooms | $1.8M | $2.2M | +17.3% |
| 5+ Bedrooms | $3.0M | $3.0M | -0.7% |
Summary: East housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.2%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes decreased by 0.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Stevens | $1.0M | $1.2M | +28.0% |
| Capitol Hill | $1.6M | $1.8M | +14.7% |
| East | $752.7K | $785K | +4.3% |
Housing Supply in East, WA
How many homes are available in East, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 262 | 322 | +22.9% |
Summary: The East real estate market had 322 homes for sale in October 2024, a 22.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 101 | 123 | +21.8% |
| 2 Bedrooms | 72 | 98 | +36.1% |
| 3 Bedrooms | 38 | 48 | +26.3% |
| 4 Bedrooms | 34 | 33 | -2.9% |
| 5+ Bedrooms | 17 | 20 | +17.6% |
Summary: The East housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.8%, 2 bedroom homes increased by 36.1%, 3 bedroom homes increased by 26.3%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 56 | +43.6% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East, you may be able to get a good deal. 41.1% of homes here sold below asking price last month.
Summary: A total of 56 homes were sold or pending in East in October 2024, up by 43.6% month-over-month. Of the 56 sold homes, 41% were sold under asking, 36% were sold at asking, and 23% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 46 Days | +27.6% |
Summary: Homes in East had an average of 46 days on market in Oct 2024, up by 27.6% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
9 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 October 2024, 56 homes were sold in East; 63% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 16% 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.