$2,197 Closing Credit*
$185,000
896 SqFt
2 Beds
•1 Full Bath
Clark Scovel, Listing Office: Skyline Properties, Inc.
Is Lake Morton / Berrydale, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lake Morton / Berrydale has remained a Seller's Market.
Key Takeaway
Lake Morton / Berrydale is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lake Morton / Berrydale, WA
How much do homes in Lake Morton / Berrydale, WA cost?
Median Sold Price
$712,500
$337/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,500(+0.4%)
Key Takeaway
The sold price of homes in Lake Morton / Berrydale has remained the same since last year.
Summary: The median home sold price in Lake Morton / Berrydale was $712,500 in November 2024, up 0.4% from last year, and the median price per square foot was $337.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $355.5K | N/A |
| 2 Bedrooms | $630K | $554.9K | -11.9% |
| 3 Bedrooms | $664.9K | $675K | +1.5% |
| 4 Bedrooms | $744.3K | $845K | +13.5% |
| 5+ Bedrooms | $975K | $680K | -30.3% |
Summary: Lake Morton / Berrydale housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.9%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes decreased by 30.3%.
Housing Supply in Lake Morton / Berrydale, WA
How many homes are available in Lake Morton / Berrydale, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 33 | -10.8% |
Summary: The Lake Morton / Berrydale real estate market had 33 homes for sale in November 2024, a 10.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 19 | 17 | -10.5% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Lake Morton / Berrydale housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 10.5%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lake Morton / Berrydale, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Lake Morton / Berrydale in November 2024, down by 20.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for Lake Morton / Berrydale, WA
How long does it take to sell a home in Lake Morton / Berrydale, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 33 Days | +44.4% |
Summary: Homes in Lake Morton / Berrydale had an average of 33 days on market in Nov 2024, up by 44.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lake Morton / Berrydale are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Lake Morton / Berrydale; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% 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.