$10,000 Closing Credit*
$1,372,750
3,115 SqFt
4 Beds
•2 Full Baths, 1 Partial
Laura Snider, Listing Office: Teambuilder KW
Is Lake Kathleen / High Valley, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Lake Kathleen / High Valley has remained a Seller's Market.
Key Takeaway
Lake Kathleen / High Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lake Kathleen / High Valley, WA
How much do homes in Lake Kathleen / High Valley, WA cost?
Median Sold Price
$962,475
$418/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$59,525(+6.6%)
Key Takeaway
Homes in Lake Kathleen / High Valley have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Lake Kathleen / High Valley was $962,475 in August 2024, up 6.6% from last year, and the median price per square foot was $418.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $649K | $1.1M | +73.3% |
| 3 Bedrooms | $846K | $830K | -1.9% |
| 4 Bedrooms | $1.3M | $1.1M | -17.5% |
| 5+ Bedrooms | $882.9K | $975.5K | +10.5% |
Summary: Lake Kathleen / High Valley housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 73.3%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 17.5%, and 5+ bedroom homes increased by 10.5%.
Housing Supply in Lake Kathleen / High Valley, WA
How many homes are available in Lake Kathleen / High Valley, WA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 25 | 25 | 0.0% |
Summary: The Lake Kathleen / High Valley real estate market had 25 homes for sale in August 2024, the same as July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Lake Kathleen / High Valley housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Kathleen / High Valley, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Lake Kathleen / High Valley in August 2024, up by 60.0% month-over-month. Of the 8 sold homes, 25% were sold under asking, 38% were sold at asking, and 38% were sold over asking.
Days on Market for Lake Kathleen / High Valley, WA
How long does it take to sell a home in Lake Kathleen / High Valley, WA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 8 Days | 29 Days | +238.6% |
Summary: Homes in Lake Kathleen / High Valley had an average of 29 days on market in Aug 2024, up by 238.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lake Kathleen / High Valley are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 8 homes were sold in Lake Kathleen / High Valley; 63% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 0% 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.