Is Gregory Heights, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gregory Heights is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Gregory Heights has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Gregory Heights, WA

How much do homes in Gregory Heights, WA cost?

Median Sold Price

$802,000

$428/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$13,000(-1.6%)

Key Takeaway

Homes in Gregory Heights have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in Gregory Heights was $802,000 in October 2024, down 1.6% from last year, and the median price per square foot was $428.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $400K$400K
0.0%
2 $510K$569.5K
+11.7%
3 $702K$767.5K
+9.3%
4 $880K$965.7K
+9.7%
5+ $1.0M$1.1M
+3.6%

Summary: Gregory Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 3.6%.

Housing Supply in Gregory Heights, WA

How many homes are available in Gregory Heights, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3431-8.8%

Summary: The Gregory Heights real estate market had 31 homes for sale in October 2024, a 8.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 1718
+5.9%
4 129
-25.0%
5+ 22
0.0%

Summary: The Gregory Heights 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 decreased by 33.3%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
126-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gregory Heights, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Gregory Heights in October 2024, down by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Gregory Heights, WA

How long does it take to sell a home in Gregory Heights, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days29 Days-18.7%

Summary: Homes in Gregory Heights had an average of 29 days on market in Oct 2024, down by 18.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in Gregory Heights; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 23 Days Ago

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