$249,000
0.32 Acres
Land
Terri Reade, Listing Office: Windermere RE South Sound, Inc
Is Lea Hill, 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, Lea Hill has remained a Seller's Market.
Key Takeaway
Lea Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lea Hill, WA
How much do homes in Lea Hill, WA cost?
Median Sold Price
$601,500
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$23,450(-3.8%)
Key Takeaway
Homes in Lea Hill have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in Lea Hill was $601,500 in November 2024, down 3.8% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $360K | $377K | +4.7% |
| 3 Bedrooms | $579.9K | $525K | -9.5% |
| 4 Bedrooms | $675K | $676K | 0.1% |
| 5+ Bedrooms | $715K | $760K | +6.3% |
Summary: Lea Hill 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 increased by 4.7%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 6.3%.
Housing Supply in Lea Hill, WA
How many homes are available in Lea Hill, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 30 | 0.0% |
Summary: The Lea Hill real estate market had 30 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 14 | 17 | +21.4% |
| 4 Bedrooms | 10 | 9 | -10.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Lea Hill 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 decreased by 66.7%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
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 Lea Hill, 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 Lea Hill in November 2024, down by 11.1% 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 Lea Hill, WA
How long does it take to sell a home in Lea Hill, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 11 Days | 22 Days | +88.0% |
Summary: Homes in Lea Hill had an average of 22 days on market in Nov 2024, up by 88% 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 Lea Hill are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in Lea Hill; 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.