$275,000
0.72 Acres
Land
Davina L. Clardy, Listing Office: John L. Scott Dupont
Is Northwest Landing, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Northwest Landing has remained a Seller's Market.
Key Takeaway
Northwest Landing is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northwest Landing, WA
How much do homes in Northwest Landing, WA cost?
Median Sold Price
$520,000
$284/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,100(+1.0%)
Key Takeaway
Homes in Northwest Landing have sold for 1% more than they did a year ago.
Summary: The median home sold price in Northwest Landing was $520,000 in October 2024, up 1% from last year, and the median price per square foot was $284.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $355K | $360K | +1.4% |
| 3 Bedrooms | $500K | $487K | -2.6% |
| 4 Bedrooms | $595K | $600K | +0.8% |
| 5+ Bedrooms | $665K | $662.4K | -0.4% |
Summary: Northwest Landing 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 increased by 1.4%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 0.4%.
Housing Supply in Northwest Landing, WA
How many homes are available in Northwest Landing, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 28 | -17.6% |
Summary: The Northwest Landing real estate market had 28 homes for sale in October 2024, a 17.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 23 | 19 | -17.4% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Northwest Landing 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 decreased by 50%, 3 bedroom homes decreased by 17.4%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northwest Landing, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Northwest Landing in October 2024, the same as the previous month. Of the 12 sold homes, 17% were sold under asking, 25% were sold at asking, and 58% were sold over asking.
Days on Market for Northwest Landing, WA
How long does it take to sell a home in Northwest Landing, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 30 Days | +3.8% |
Summary: Homes in Northwest Landing had an average of 30 days on market in Oct 2024, up by 3.8% 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
Key Takeaway
Many homes in Northwest Landing are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Northwest Landing; 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.
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.