$8,609 Closing Credit*
$725,000
1,017 SqFt
2 Beds
•1 Full Bath
Sarah Georger-Clark, Listing Office: COMPASS
Is Fauntleroy, 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, Fauntleroy has remained a Seller's Market.
Key Takeaway
Fauntleroy is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fauntleroy, WA
How much do homes in Fauntleroy, WA cost?
Median Sold Price
$957,500
$581/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$86,500(+9.9%)
Key Takeaway
Homes in Fauntleroy have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in Fauntleroy was $957,500 in October 2024, up 9.9% from last year, and the median price per square foot was $581.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.0M | $560K | -44.0% |
| 2 Bedrooms | $636K | $730K | +14.8% |
| 3 Bedrooms | $805K | $928K | +15.3% |
| 4 Bedrooms | $1.3M | $1.2M | -0.8% |
| 5+ Bedrooms | $1.6M | $1.7M | +5.2% |
Summary: Fauntleroy housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44%, 2 bedroom homes increased by 14.8%, 3 bedroom homes increased by 15.3%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 5.2%.
Housing Supply in Fauntleroy, WA
How many homes are available in Fauntleroy, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 30 | -14.3% |
Summary: The Fauntleroy real estate market had 30 homes for sale in October 2024, a 14.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 13 | 7 | -46.2% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Fauntleroy 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 remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 46.2%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 8 | -27.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fauntleroy, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Fauntleroy in October 2024, down by 27.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Fauntleroy, WA
How long does it take to sell a home in Fauntleroy, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 22 Days | -28.3% |
Summary: Homes in Fauntleroy had an average of 22 days on market in Oct 2024, down by 28.3% 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 Fauntleroy are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Fauntleroy; 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.