Is Evergreen Hill, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Evergreen Hill is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Evergreen Hill has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Evergreen Hill, WA

How much do homes in Evergreen Hill, WA cost?

Median Sold Price

$1,080,000

$582/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$170,000(+18.7%)

Key Takeaway

Homes in Evergreen Hill have sold for 18.7% more than they did a year ago.

Summary: The median home sold price in Evergreen Hill was $1,080,000 in November 2024, up 18.7% from last year, and the median price per square foot was $582.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $370K$349.6K
-5.5%
2 $450.7K$545K
+20.9%
3 $900K$1.1M
+23.4%
4 $1.0M$1.2M
+14.5%
5+ $1.3M$1.5M
+14.4%

Summary: Evergreen Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.5%, 2 bedroom homes increased by 20.9%, 3 bedroom homes increased by 23.4%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 14.4%.

Housing Supply in Evergreen Hill, WA

How many homes are available in Evergreen Hill, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4946-6.1%

Summary: The Evergreen Hill real estate market had 46 homes for sale in November 2024, a 6.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1411
-21.4%
3 1312
-7.7%
4 1718
+5.9%
5+ 34
+33.3%

Summary: The Evergreen Hill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 21.4%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1217+41.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Evergreen Hill, you could pay more than the asking price. 41.2% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Evergreen Hill in November 2024, up by 41.7% month-over-month. Of the 17 sold homes, 24% were sold under asking, 35% were sold at asking, and 41% were sold over asking.

Days on Market for Evergreen Hill, WA

How long does it take to sell a home in Evergreen Hill, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
16 Days13 Days-20.9%

Summary: Homes in Evergreen Hill had an average of 13 days on market in Nov 2024, down by 20.9% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 17 homes were sold in Evergreen Hill; 94% of homes were sold within 30 days, 6% 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

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