$8,894 Closing Credit*
$749,000
1,331 SqFt
2 Beds
•1 Full Bath
Gerry McBarron, Listing Office: Windermere Real Estate Co.
Is Lawton Park, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Lawton Park has remained a Seller's Market.
Key Takeaway
Lawton Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lawton Park, WA
How much do homes in Lawton Park, WA cost?
Median Sold Price
$961,000
$579/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$41,000(+4.5%)
Key Takeaway
Homes in Lawton Park have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in Lawton Park was $961,000 in October 2024, up 4.5% from last year, and the median price per square foot was $579.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $375K | $385K | +2.7% |
| 2 Bedrooms | $660K | $745K | +12.9% |
| 3 Bedrooms | $960K | $1.0M | +11.1% |
| 4 Bedrooms | $1.3M | $1.4M | +10.5% |
| 5+ Bedrooms | $1.4M | $2.0M | +34.5% |
Summary: Lawton Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.7%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 34.5%.
Housing Supply in Lawton Park, WA
How many homes are available in Lawton Park, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 60 | +1.7% |
Summary: The Lawton Park real estate market had 60 homes for sale in October 2024, a 1.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 12 | 16 | +33.3% |
| 3 Bedrooms | 19 | 16 | -15.8% |
| 4 Bedrooms | 11 | 10 | -9.1% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Lawton Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 18 | +80.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lawton Park, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Lawton Park in October 2024, up by 80.0% month-over-month. Of the 18 sold homes, 39% were sold under asking, 39% were sold at asking, and 22% were sold over asking.
Days on Market for Lawton Park, WA
How long does it take to sell a home in Lawton Park, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 38 Days | +12.1% |
Summary: Homes in Lawton Park had an average of 38 days on market in Oct 2024, up by 12.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lawton Park are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in Lawton Park; 61% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 17% 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.