$5,522 Closing Credit*
$465,000
1,222 SqFt
3 Beds
•1 Full Bath
Dan J. Stiglich, Listing Office: R1 Washington
Is Mirror Lake, 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, Mirror Lake has remained a Seller's Market.
Key Takeaway
Mirror Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mirror Lake, WA
How much do homes in Mirror Lake, WA cost?
Median Sold Price
$499,000
$349/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,000(+5.1%)
Key Takeaway
Homes in Mirror Lake have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Mirror Lake was $499,000 in November 2024, up 5.1% from last year, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $169K | $210K | +24.3% |
| 2 Bedrooms | $367.5K | $318K | -13.5% |
| 3 Bedrooms | $485K | $500K | +3.1% |
| 4 Bedrooms | $570K | $572.5K | 0.4% |
| 5+ Bedrooms | $717.5K | $507.5K | -29.3% |
Summary: Mirror Lake housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.3%, 2 bedroom homes decreased by 13.5%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes decreased by 29.3%.
Housing Supply in Mirror Lake, WA
How many homes are available in Mirror Lake, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 21 | -12.5% |
Summary: The Mirror Lake real estate market had 21 homes for sale in November 2024, a 12.5% 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 | 6 | 4 | -33.3% |
| 3 Bedrooms | 13 | 14 | +7.7% |
| 4 Bedrooms | 4 | 2 | -50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Mirror Lake 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 33.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mirror Lake, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Mirror Lake in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Mirror Lake, WA
How long does it take to sell a home in Mirror Lake, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 37 Days | +132.1% |
Summary: Homes in Mirror Lake had an average of 37 days on market in Nov 2024, up by 132.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mirror Lake are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Mirror Lake; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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.