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 October 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

$466,000

$201/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,000(+0.2%)

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 $466,000 in October 2024, up 0.2% from last year, and the median price per square foot was $201.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $369.9K$364.9K
-1.4%
3 $427.3K$428.9K
0.4%
4 $456.9K$455K
-0.4%
5+ $547K$530K
-3.1%

Summary: North Indian Trail housing prices by bedroom type for October 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 increased by 0.4%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 3.1%.

Housing Supply in North Indian Trail, WA

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5562+12.7%

Summary: The North Indian Trail real estate market had 62 homes for sale in October 2024, a 12.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1312
-7.7%
4 2429
+20.8%
5+ 1821
+16.7%

Summary: The North Indian Trail housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 20.8%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
16160.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Indian Trail, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in North Indian Trail in October 2024, the same as the previous month. Of the 16 sold homes, 44% were sold under asking, 31% were sold at asking, and 25% 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

Oct 2023Oct 2024CHANGE
42 Days36 Days-13.0%

Summary: Homes in North Indian Trail had an average of 36 days on market in Oct 2024, down by 13% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

5 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 October 2024, 16 homes were sold in North Indian Trail; 56% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 13% 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

Newest Listings in North Indian Trail, WA

Nearby Markets to North Indian Trail, WA