Is East Queen Anne, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Queen Anne is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, East Queen Anne has remained a Seller's Market.

Key Takeaway

East Queen Anne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in East Queen Anne, WA

How much do homes in East Queen Anne, WA cost?

Median Sold Price

$1,054,970

$659/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$28,970(+2.8%)

Key Takeaway

Homes in East Queen Anne have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in East Queen Anne was $1,054,970 in November 2024, up 2.8% from last year, and the median price per square foot was $659.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $387.5K$430K
+11.0%
2 $815.5K$809.2K
-0.8%
3 $1.3M$1.4M
+7.7%
4 $1.6M$1.9M
+15.6%
5+ $1.7M$1.8M
+4.9%

Summary: East Queen Anne housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Neighborhoods

Lake Union
+4.8%
East Queen Anne
+2.8%
Queen Anne
0.5%

Housing Supply in East Queen Anne, WA

How many homes are available in East Queen Anne, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5046-8.0%

Summary: The East Queen Anne real estate market had 46 homes for sale in November 2024, a 8.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 86
-25.0%
2 1818
0.0%
3 1110
-9.1%
4 77
0.0%
5+ 65
-16.7%

Summary: The East Queen Anne housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1211-8.3%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Queen Anne, you may be able to get a good deal. 81.8% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in East Queen Anne in November 2024, down by 8.3% month-over-month. Of the 11 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.

Days on Market for East Queen Anne, WA

How long does it take to sell a home in East Queen Anne, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
37 Days40 Days+6.0%

Summary: Homes in East Queen Anne had an average of 40 days on market in Nov 2024, up by 6% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in East Queen Anne has remained consistent over time.

Summary: During November 2024, 11 homes were sold in East Queen Anne; 45% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in East Queen Anne, WA

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