$2,800,000
6,080 SqFt
5 Beds
•1 Full Bath, 2 Partial
Nick Badran, Listing Office: CENTURY 21 Real Estate Center
Is Leschi, 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, Leschi has remained a Seller's Market.
Key Takeaway
Leschi is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Leschi, WA
How much do homes in Leschi, WA cost?
Median Sold Price
$1,172,500
$608/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$152,500(+15.0%)
Key Takeaway
Homes in Leschi have sold for 15% more than they did a year ago.
Summary: The median home sold price in Leschi was $1,172,500 in November 2024, up 15% from last year, and the median price per square foot was $608.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $405.5K | $480K | +18.4% |
| 2 Bedrooms | $799.9K | $805K | +0.6% |
| 3 Bedrooms | $1.0M | $1.1M | +15.7% |
| 4 Bedrooms | $1.6M | $1.4M | -16.7% |
| 5+ Bedrooms | $2.4M | $2.0M | -16.8% |
Summary: Leschi housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.4%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 15.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 16.8%.
Housing Supply in Leschi, WA
How many homes are available in Leschi, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 24 | -25.0% |
Summary: The Leschi real estate market had 24 homes for sale in November 2024, a 25.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 15 | 8 | -46.7% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Leschi housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 46.7%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 6 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Leschi, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Leschi in November 2024, down by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for Leschi, WA
How long does it take to sell a home in Leschi, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 55 Days | 77 Days | +38.0% |
Summary: Homes in Leschi had an average of 77 days on market in Nov 2024, up by 38% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Leschi are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 6 homes were sold in Leschi; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% 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.