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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Indian Trail is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, North Indian Trail has remained a Seller's Market.

Key Takeaway

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

Housing Prices in North Indian Trail, WA

How much do homes in North Indian Trail, WA cost?

Median Sold Price

$470,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5(0.0%)

Key Takeaway

The sold price of homes in North Indian Trail has remained the same since last year.

Summary: The median home sold price in North Indian Trail was $470,000 in November 2024, the same as last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $369.9K$364.9K
-1.4%
3 $429.5K$429.4K
0%
4 $455.1K$459K
+0.9%
5+ $544K$530K
-2.6%

Summary: North Indian Trail 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 1.4%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 2.6%.

Housing Supply in North Indian Trail, WA

How many homes are available in North Indian Trail, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6253-14.5%

Summary: The North Indian Trail real estate market had 53 homes for sale in November 2024, a 14.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1010
0.0%
4 2925
-13.8%
5+ 2318
-21.7%

Summary: The North Indian Trail housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes decreased by 21.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1712-29.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Indian Trail, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in North Indian Trail in November 2024, down by 29.4% month-over-month. Of the 12 sold homes, 42% were sold under asking, 50% were sold at asking, and 8% were sold over asking.

Days on Market for North Indian Trail, WA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
40 Days38 Days-4.7%

Summary: Homes in North Indian Trail had an average of 38 days on market in Nov 2024, down by 4.7% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in North Indian Trail are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 12 homes were sold in North Indian Trail; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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 17 Days Ago

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