$8,550 Closing Credit*
$720,000
1,460 SqFt
3 Beds
•2 Full Baths
Chris Li, Listing Office: Kelly Right RE of Seattle LLC
Is Parkwood, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Parkwood has remained a Buyer's Market.
Key Takeaway
Parkwood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Parkwood, WA
How much do homes in Parkwood, WA cost?
Median Sold Price
$749,950
$473/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$4,490(-0.6%)
Key Takeaway
Homes in Parkwood have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Parkwood was $749,950 in September 2024, down 0.6% from last year, and the median price per square foot was $473.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | - | N/A |
| 2 Bedrooms | $668.8K | $698.9K | +4.5% |
| 3 Bedrooms | $754.4K | $742K | -1.6% |
| 4 Bedrooms | $888K | $820.3K | -7.6% |
| 5+ Bedrooms | $600K | $1.2M | +101.7% |
Summary: Parkwood housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes increased by 101.7%.
Housing Supply in Parkwood, WA
How many homes are available in Parkwood, WA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 14 | 18 | +28.6% |
Summary: The Parkwood real estate market had 18 homes for sale in September 2024, a 28.6% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 4 | 6 | +50.0% |
| 4 Bedrooms | 2 | 5 | +150.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Parkwood housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 150%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Parkwood, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Parkwood in September 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Parkwood, WA
How long does it take to sell a home in Parkwood, WA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 7 Days | 12 Days | +71.4% |
Summary: Homes in Parkwood had an average of 12 days on market in Sep 2024, up by 71.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Parkwood are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Parkwood; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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.