Is Paradise Lakes Country Club, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Paradise Lakes Country Club is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Paradise Lakes Country Club was a Neutral Market.

Key Takeaway

Paradise Lakes Country Club is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Paradise Lakes Country Club, WA

How much do homes in Paradise Lakes Country Club, WA cost?

Median Sold Price

$350,500

$279/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,500(+6.5%)

Key Takeaway

Homes in Paradise Lakes Country Club have sold for 6.5% more than they did a year ago.

Summary: The median home sold price in Paradise Lakes Country Club was $350,500 in November 2024, up 6.5% from last year, and the median price per square foot was $279.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $196.7K$227.5K
+15.6%
2 $288.5K$276.4K
-4.2%
3 $375K$377.5K
+0.7%
4 $340K$460K
+35.3%
5+ --
N/A

Summary: Paradise Lakes Country Club housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.6%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 35.3%, and 5+ bedroom homes did not change.

Housing Supply in Paradise Lakes Country Club, WA

How many homes are available in Paradise Lakes Country Club, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2116-23.8%

Summary: The Paradise Lakes Country Club real estate market had 16 homes for sale in November 2024, a 23.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 87
-12.5%
3 118
-27.3%
4 10
-100.0%
5+ 00
0.0%

Summary: The Paradise Lakes Country Club 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 12.5%, 3 bedroom homes decreased by 27.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
82-75.0%

Asking Price vs. Sold Price

2 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 Paradise Lakes Country Club, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Paradise Lakes Country Club in November 2024, down by 75.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Paradise Lakes Country Club, WA

How long does it take to sell a home in Paradise Lakes Country Club, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
5 Days36 Days+563.6%

Summary: Homes in Paradise Lakes Country Club had an average of 36 days on market in Nov 2024, up by 563.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 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 Paradise Lakes Country Club has remained consistent over time.

Summary: During November 2024, 2 homes were sold in Paradise Lakes Country Club; 0% of homes were sold within 30 days, 100% 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 17 Days Ago

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