$5,344 Closing Credit*
$450,000
844 SqFt
2 Beds
•1 Full Bath
Cathy Poetschat, Listing Office: Towne Realty
Is Education Hill, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Education Hill has remained a Seller's Market.
Key Takeaway
Education Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Education Hill, WA
How much do homes in Education Hill, WA cost?
Median Sold Price
$1,287,500
$645/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$92,500(+7.7%)
Key Takeaway
Homes in Education Hill have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Education Hill was $1,287,500 in September 2024, up 7.7% from last year, and the median price per square foot was $645.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | $330K | -19.5% |
| 2 Bedrooms | $555.5K | $684.9K | +23.3% |
| 3 Bedrooms | $1.0M | $1.2M | +11.9% |
| 4 Bedrooms | $1.4M | $1.5M | +3.4% |
| 5+ Bedrooms | $1.5M | $1.7M | +11.8% |
Summary: Education Hill housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.5%, 2 bedroom homes increased by 23.3%, 3 bedroom homes increased by 11.9%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 11.8%.
Housing Supply in Education Hill, WA
How many homes are available in Education Hill, WA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 34 | 44 | +29.4% |
Summary: The Education Hill real estate market had 44 homes for sale in September 2024, a 29.4% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 9 | 14 | +55.6% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Education Hill housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 55.6%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Education Hill, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Education Hill in September 2024, down by 27.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Education Hill, WA
How long does it take to sell a home in Education Hill, WA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 14 Days | 28 Days | +102.7% |
Summary: Homes in Education Hill had an average of 28 days on market in Sep 2024, up by 102.7% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Education Hill are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 8 homes were sold in Education Hill; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 13% 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.