Is Idylwood, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Idylwood is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Idylwood, WA

How much do homes in Idylwood, WA cost?

Median Sold Price

$1,350,000

$628/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$50,000(+3.8%)

Key Takeaway

Homes in Idylwood have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Idylwood was $1,350,000 in October 2024, up 3.8% from last year, and the median price per square foot was $628.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $395K$384.7K
-2.6%
2 $610K$780K
+27.9%
3 $1.3M$1.3M
-1.5%
4 $1.4M$1.7M
+16.1%
5+ $1.6M$1.8M
+10.2%

Summary: Idylwood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes increased by 27.9%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 16.1%, and 5+ bedroom homes increased by 10.2%.

Housing Supply in Idylwood, WA

How many homes are available in Idylwood, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
26260.0%

Summary: The Idylwood real estate market had 26 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 65
-16.7%
2 56
+20.0%
3 54
-20.0%
4 55
0.0%
5+ 56
+20.0%

Summary: The Idylwood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Idylwood, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Idylwood in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.

Days on Market for Idylwood, WA

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

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days9 Days-64.0%

Summary: Homes in Idylwood had an average of 9 days on market in Oct 2024, down by 64% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Idylwood; 100% of homes were sold within 30 days, 0% 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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