Is North Image, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Image is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, North Image has remained a Buyer's Market.

Key Takeaway

North Image is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in North Image, WA

How much do homes in North Image, WA cost?

Median Sold Price

$445,000

$285/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$15,050(+3.5%)

Key Takeaway

Homes in North Image have sold for 3.5% more than they did a year ago.

Summary: The median home sold price in North Image was $445,000 in November 2024, up 3.5% from last year, and the median price per square foot was $285.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $214.9K-
N/A
2 $271.5K$239.9K
-11.6%
3 $435.5K$445K
+2.2%
4 $510K$479.9K
-5.9%
5+ -$685K
N/A

Summary: North Image housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 11.6%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes did not change.

Housing Supply in North Image, WA

How many homes are available in North Image, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
25250.0%

Summary: The North Image real estate market had 25 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 13
+200.0%
2 66
0.0%
3 99
0.0%
4 66
0.0%
5+ 31
-66.7%

Summary: The North Image housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Image, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in North Image in November 2024, down by 62.5% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for North Image, WA

How long does it take to sell a home in North Image, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
72 Days76 Days+6.5%

Summary: Homes in North Image had an average of 76 days on market in Nov 2024, up by 6.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in North Image are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in North Image; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 10 Days Ago

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