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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Queen Anne is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, North Queen Anne has remained a Seller's Market.

Key Takeaway

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

Housing Prices in North Queen Anne, WA

How much do homes in North Queen Anne, WA cost?

Median Sold Price

$1,094,500

$582/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$49,500(+4.7%)

Key Takeaway

Homes in North Queen Anne have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in North Queen Anne was $1,094,500 in November 2024, up 4.7% from last year, and the median price per square foot was $582.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $430K$382.5K
-11.0%
2 $799.9K$674K
-15.7%
3 $1.0M$1.2M
+21.5%
4 $1.3M$1.3M
-1.5%
5+ $1.7M$2.0M
+20.1%

Summary: North Queen Anne housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11%, 2 bedroom homes decreased by 15.7%, 3 bedroom homes increased by 21.5%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 20.1%.

Housing Supply in North Queen Anne, WA

How many homes are available in North Queen Anne, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4740-14.9%

Summary: The North Queen Anne real estate market had 40 homes for sale in November 2024, a 14.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 1511
-26.7%
3 1415
+7.1%
4 1211
-8.3%
5+ 30
-100.0%

Summary: The North Queen Anne 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 decreased by 26.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1510-33.3%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Queen Anne, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in North Queen Anne in November 2024, down by 33.3% month-over-month. Of the 10 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for North Queen Anne, WA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
14 Days50 Days+255.1%

Summary: Homes in North Queen Anne had an average of 50 days on market in Nov 2024, up by 255.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in North Queen Anne has remained consistent over time.

Summary: During November 2024, 10 homes were sold in North Queen Anne; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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