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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Finn Hill is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Finn Hill, WA

How much do homes in Finn Hill, WA cost?

Median Sold Price

$1,302,000

$630/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$107,000(+9.0%)

Key Takeaway

Homes in Finn Hill have sold for 9% more than they did a year ago.

Summary: The median home sold price in Finn Hill was $1,302,000 in October 2024, up 9% from last year, and the median price per square foot was $630.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $375K$568K
+51.4%
2 $469.5K$510K
+8.6%
3 $975K$1.1M
+15.9%
4 $1.3M$1.3M
+1.8%
5+ $1.7M$1.8M
+2.6%

Summary: Finn Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.4%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 2.6%.

Housing Supply in Finn Hill, WA

How many homes are available in Finn Hill, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7769-10.4%

Summary: The Finn Hill real estate market had 69 homes for sale in October 2024, a 10.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 99
0.0%
3 1815
-16.7%
4 3431
-8.8%
5+ 1513
-13.3%

Summary: The Finn 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 8.8%, and 5+ bedroom homes decreased by 13.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2517-32.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Finn Hill, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Finn Hill in October 2024, down by 32.0% month-over-month. Of the 17 sold homes, 29% were sold under asking, 24% were sold at asking, and 47% were sold over asking.

Days on Market for Finn Hill, WA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days21 Days+29.5%

Summary: Homes in Finn Hill had an average of 21 days on market in Oct 2024, up by 29.5% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 17 homes were sold in Finn Hill; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 6% 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 16 Days Ago

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