Is Market, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Market is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Market has remained a Seller's Market.

Key Takeaway

Market is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Market, WA

How much do homes in Market, WA cost?

Median Sold Price

$3,012,500

$1,130/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$573,000(+23.5%)

Key Takeaway

Homes in Market have sold for 23.5% more than they did a month ago.

Summary: The median home sold price in Market was $3,012,500 in December 2024, up 23.5% from last month, and the median price per square foot was $1,130.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $1.0M-
N/A
3 $2.6M$2.7M
+3.8%
4 --
N/A
5+ -$3.2M
N/A

Summary: Market housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Market, WA

How many homes are available in Market, WA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2117-19.0%

Summary: The Market real estate market had 17 homes for sale in December 2024, a 19.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 74
-42.9%
3 108
-20.0%
4 22
0.0%
5+ 23
+50.0%

Summary: The Market housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 42.9%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 4 homes were sold or pending in Market in December 2024, down by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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

Nov 2024Dec 2024CHANGE
22 Days82 Days+264.4%

Summary: Homes in Market had an average of 82 days on market in Dec 2024, up by 264.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Market has remained consistent over time.

Summary: During December 2024, 4 homes were sold in Market; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 7 Days Ago

Newest Listings in Market, WA

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