$10,000 Closing Credit*
$2,450,000
3,059 SqFt
3 Beds
•3 Full Baths, 1 Partial
Ken Nash, Listing Office: Windermere R.E. Northeast, Inc
Is Market, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Market was a Neutral Market.
Key Takeaway
Market is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Market, WA
How much do homes in Market, WA cost?
Median Sold Price
$2,700,000
$920/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$145,000(+5.7%)
Key Takeaway
Homes in Market have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Market was $2,700,000 in October 2024, up 5.7% from last year, and the median price per square foot was $920.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $900K | $1.3M | +55.3% |
| 3 Bedrooms | $2.4M | $2.1M | -12.5% |
| 4 Bedrooms | $2.6M | $3.1M | +19.2% |
| 5+ Bedrooms | $3.7M | $5.5M | +44.8% |
Summary: Market housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 55.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 44.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Moss Bay | $950K | $1.2M | +26.3% |
| Norkirk | $2.1M | $2.4M | +15.0% |
| Market | $2.5M | $2.7M | +5.7% |
| South Juanita | $800K | $630K | -21.3% |
Housing Supply in Market, WA
How many homes are available in Market, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 23 | +27.8% |
Summary: The Market real estate market had 23 homes for sale in October 2024, a 27.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 8 | +100.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Market housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Market, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Market in October 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Market, WA
How long does it take to sell a home in Market, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 4 Days | -85.2% |
Summary: Homes in Market had an average of 4 days on market in Oct 2024, down by 85.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Market are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Market; 100% of homes were sold within 30 days, 0% 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.