$10,000 Closing Credit*
$1,050,777
1,900 SqFt
4 Beds
•2 Full Baths
Aleksandr Frankov, Listing Office: eXp Realty
Is Mill Creek, 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, Mill Creek has remained a Seller's Market.
Key Takeaway
Mill Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mill Creek, WA
How much do homes in Mill Creek, WA cost?
Median Sold Price
$945,750
$456/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$105,750(+12.6%)
Key Takeaway
Homes in Mill Creek have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in Mill Creek was $945,750 in November 2024, up 12.6% from last year, and the median price per square foot was $456.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $330K | +1.5% |
| 2 Bedrooms | $625K | $618.5K | -1.0% |
| 3 Bedrooms | $839.9K | $865K | +3.0% |
| 4 Bedrooms | $1.0M | $1.2M | +14.8% |
| 5+ Bedrooms | $1.2M | $1.4M | +19.3% |
Summary: Mill Creek housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.5%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 19.3%.
Housing Supply in Mill Creek, WA
How many homes are available in Mill Creek, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 47 | -17.5% |
Summary: The Mill Creek real estate market had 47 homes for sale in November 2024, a 17.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 14 | 12 | -14.3% |
| 3 Bedrooms | 22 | 21 | -4.5% |
| 4 Bedrooms | 14 | 8 | -42.9% |
| 5+ Bedrooms | 7 | 5 | -28.6% |
Summary: The Mill Creek housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 42.9%, and 5+ bedroom homes decreased by 28.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 17 | -19.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mill Creek, you may be able to get a good deal. 52.9% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Mill Creek in November 2024, down by 19.0% month-over-month. Of the 17 sold homes, 53% were sold under asking, 29% were sold at asking, and 18% were sold over asking.
Days on Market for Mill Creek, WA
How long does it take to sell a home in Mill Creek, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 46 Days | +96.2% |
Summary: Homes in Mill Creek had an average of 46 days on market in Nov 2024, up by 96.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Mill Creek has remained consistent over time.
Summary: During November 2024, 17 homes were sold in Mill Creek; 35% of homes were sold within 30 days, 59% of homes were sold within 30 to 90 days, and 6% 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.