$8,906 Closing Credit*
$750,000
1,511 SqFt
2 Beds
•1 Full Bath, 1 Partial
Renee Menti Ruhl, Listing Office: Windermere Real Estate Midtown
Is Lower Queen Anne, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Lower Queen Anne was a Seller's Market.
Key Takeaway
Lower Queen Anne is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Lower Queen Anne, WA
How much do homes in Lower Queen Anne, WA cost?
Median Sold Price
$640,000
$647/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$47,000(+7.9%)
Key Takeaway
Homes in Lower Queen Anne have sold for 7.9% more than they did a year ago.
Summary: The median home sold price in Lower Queen Anne was $640,000 in November 2024, up 7.9% from last year, and the median price per square foot was $647.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $401.5K | $385K | -4.1% |
| 2 Bedrooms | $726.5K | $750K | +3.2% |
| 3 Bedrooms | $1.3M | $1.4M | +8.3% |
| 4 Bedrooms | $1.9M | $2.9M | +55.8% |
| 5+ Bedrooms | - | $2.5M | N/A |
Summary: Lower Queen Anne housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 55.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Lower Queen Anne | $593K | $640K | +7.9% |
| West Queen Anne | $1.1M | $1.1M | +5.3% |
| East Queen Anne | $1.0M | $1.0M | +2.8% |
| Queen Anne | $934.8K | $940K | 0.5% |
Housing Supply in Lower Queen Anne, WA
How many homes are available in Lower Queen Anne, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 50 | -12.3% |
Summary: The Lower Queen Anne real estate market had 50 homes for sale in November 2024, a 12.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 19 | 19 | 0.0% |
| 2 Bedrooms | 27 | 22 | -18.5% |
| 3 Bedrooms | 8 | 6 | -25.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Lower Queen Anne 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 18.5%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 8 | -33.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lower Queen Anne, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Lower Queen Anne in November 2024, down by 33.3% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% were sold over asking.
Days on Market for Lower Queen Anne, WA
How long does it take to sell a home in Lower Queen Anne, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 58 Days | 63 Days | +9.0% |
Summary: Homes in Lower Queen Anne had an average of 63 days on market in Nov 2024, up by 9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lower Queen Anne has remained consistent over time.
Summary: During November 2024, 8 homes were sold in Lower Queen Anne; 13% of homes were sold within 30 days, 75% 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.