$3,147 Closing Credit*
$265,000
384 SqFt
1 Full Bath
Namita Arora, Listing Office: Dulay Homes LLC
Is Education Hill, 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, 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
$1,300,000
$646/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$110,000(+9.2%)
Key Takeaway
Homes in Education Hill have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Education Hill was $1,300,000 in October 2024, up 9.2% from last year, and the median price per square foot was $646.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | $330K | -19.5% |
| 2 Bedrooms | $540K | $699.9K | +29.6% |
| 3 Bedrooms | $1.1M | $1.2M | +10.5% |
| 4 Bedrooms | $1.4M | $1.5M | +3.4% |
| 5+ Bedrooms | $1.7M | $1.6M | -7.2% |
Summary: Education Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 19.5%, 2 bedroom homes increased by 29.6%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 7.2%.
Housing Supply in Education Hill, WA
How many homes are available in Education Hill, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 41 | 41 | 0.0% |
Summary: The Education Hill real estate market had 41 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Education Hill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 24 | +200.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
9 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. 54.2% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in Education Hill in October 2024, up by 200.0% month-over-month. Of the 24 sold homes, 54% were sold under asking, 8% were sold at asking, and 38% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 29 Days | +211.5% |
Summary: Homes in Education Hill had an average of 29 days on market in Oct 2024, up by 211.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Education Hill are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 24 homes were sold in Education Hill; 63% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 8% 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.