Is Enumclaw Plateau, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Enumclaw Plateau is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Enumclaw Plateau has remained a Seller's Market.

Key Takeaway

Enumclaw Plateau is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Enumclaw Plateau, WA

How much do homes in Enumclaw Plateau, WA cost?

Median Sold Price

$699,974

$351/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$8,452(-1.2%)

Key Takeaway

Homes in Enumclaw Plateau have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Enumclaw Plateau was $699,974 in November 2024, down 1.2% from last year, and the median price per square foot was $351.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $380K$407.5K
+7.2%
2 $492.4K$550K
+11.7%
3 $639.1K$634.1K
-0.8%
4 $763.7K$800K
+4.7%
5+ $860K$950K
+10.5%

Summary: Enumclaw Plateau housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes increased by 11.7%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 10.5%.

Median Sold Price Compared To Nearby Cities

Buckley
+9.4%
Maple Valley
+6.7%
Black Diamond
0.4%
Enumclaw
-0.2%
Enumclaw Plateau
-1.2%

Housing Supply in Enumclaw Plateau, WA

How many homes are available in Enumclaw Plateau, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
269226-16.0%

Summary: The Enumclaw Plateau real estate market had 226 homes for sale in November 2024, a 16.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 4437
-15.9%
3 11294
-16.1%
4 7961
-22.8%
5+ 3332
-3.0%

Summary: The Enumclaw Plateau housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 15.9%, 3 bedroom homes decreased by 16.1%, 4 bedroom homes decreased by 22.8%, and 5+ bedroom homes decreased by 3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7469-6.8%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Enumclaw Plateau, you may be able to get a good deal. 36.2% of homes here sold below asking price last month.

Summary: A total of 69 homes were sold or pending in Enumclaw Plateau in November 2024, down by 6.8% month-over-month. Of the 69 sold homes, 36% were sold under asking, 29% were sold at asking, and 35% were sold over asking.

Days on Market for Enumclaw Plateau, WA

How long does it take to sell a home in Enumclaw Plateau, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days40 Days+3.0%

Summary: Homes in Enumclaw Plateau had an average of 40 days on market in Nov 2024, up by 3% compared to last year.

Breakdown of Home Sale Times

40 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Enumclaw Plateau are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 69 homes were sold in Enumclaw Plateau; 58% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 12% 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 22 Days Ago

Newest Listings in Enumclaw Plateau, WA

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