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 October 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

$700,437

$349/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,512(-0.8%)

Key Takeaway

Homes in Enumclaw Plateau have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in Enumclaw Plateau was $700,437 in October 2024, down 0.8% from last year, and the median price per square foot was $349.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $440K$365K
-17.0%
2 $480K$536K
+11.7%
3 $639.9K$634.9K
-0.8%
4 $760K$805.8K
+6.0%
5+ $890K$934.9K
+5.1%

Summary: Enumclaw Plateau housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17%, 2 bedroom homes increased by 11.7%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 5.1%.

Median Sold Price Compared To Nearby Cities

Buckley
+10.1%
Maple Valley
+6.7%
Black Diamond
+6.0%
Enumclaw
+1.3%
Enumclaw Plateau
-0.8%

Housing Supply in Enumclaw Plateau, WA

How many homes are available in Enumclaw Plateau, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
299291-2.7%

Summary: The Enumclaw Plateau real estate market had 291 homes for sale in October 2024, a 2.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 4444
0.0%
3 119119
0.0%
4 9489
-5.3%
5+ 4238
-9.5%

Summary: The Enumclaw Plateau housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 9.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7867-14.1%

Asking Price vs. Sold Price

28 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

19 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. 41.8% of homes here sold below asking price last month.

Summary: A total of 67 homes were sold or pending in Enumclaw Plateau in October 2024, down by 14.1% month-over-month. Of the 67 sold homes, 42% were sold under asking, 30% were sold at asking, and 28% 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

Oct 2023Oct 2024CHANGE
50 Days46 Days-7.8%

Summary: Homes in Enumclaw Plateau had an average of 46 days on market in Oct 2024, down by 7.8% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

22 Homes Were Sold
In 30 - 90 Days

10 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 October 2024, 67 homes were sold in Enumclaw Plateau; 52% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 15% 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 20 Days Ago

Newest Listings in Enumclaw Plateau, WA

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