Is Hazel Dell, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hazel Dell is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Hazel Dell has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Hazel Dell, WA

How much do homes in Hazel Dell, WA cost?

Median Sold Price

$505,000

$274/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,216(+2.7%)

Key Takeaway

Homes in Hazel Dell have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Hazel Dell was $505,000 in October 2024, up 2.7% from last year, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $265.5K$375K
+41.2%
2 $290K$282.5K
-2.6%
3 $475K$489.3K
+3.0%
4 $542.5K$567K
+4.5%
5+ $602.5K$649.9K
+7.9%

Summary: Hazel Dell housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.2%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 7.9%.

Housing Supply in Hazel Dell, WA

How many homes are available in Hazel Dell, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
165179+8.5%

Summary: The Hazel Dell real estate market had 179 homes for sale in October 2024, a 8.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 2021
+5.0%
3 7979
0.0%
4 5462
+14.8%
5+ 913
+44.4%

Summary: The Hazel Dell housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 5%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 44.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3836-5.3%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hazel Dell, you may be able to get a good deal. 47.2% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Hazel Dell in October 2024, down by 5.3% month-over-month. Of the 36 sold homes, 47% were sold under asking, 31% were sold at asking, and 22% were sold over asking.

Days on Market for Hazel Dell, WA

How long does it take to sell a home in Hazel Dell, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
47 Days37 Days-20.5%

Summary: Homes in Hazel Dell had an average of 37 days on market in Oct 2024, down by 20.5% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 36 homes were sold in Hazel Dell; 61% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 14% 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

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