$10,000 Closing Credit*
$1,234,950
2,501 SqFt
4 Beds
•2 Full Baths, 1 Partial
Arie de Quilettes, Listing Office: Lennar Sales Corp.
Is Picnic Point, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Picnic Point was a Buyer's Market.
Key Takeaway
Picnic Point is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Picnic Point, WA
How much do homes in Picnic Point, WA cost?
Median Sold Price
$943,112
$440/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$110,612(+13.3%)
Key Takeaway
Homes in Picnic Point have sold for 13.3% more than they did a year ago.
Summary: The median home sold price in Picnic Point was $943,112 in November 2024, up 13.3% from last year, and the median price per square foot was $440.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $644.9K | $600K | -7.0% |
| 2 Bedrooms | $599K | $599.9K | 0.2% |
| 3 Bedrooms | $725K | $849.7K | +17.2% |
| 4 Bedrooms | $900K | $1.0M | +18.4% |
| 5+ Bedrooms | $1.1M | $1.2M | +2.5% |
Summary: Picnic Point housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7%, 2 bedroom homes increased by 0.2%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes increased by 2.5%.
Housing Supply in Picnic Point, WA
How many homes are available in Picnic Point, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 55 | 43 | -21.8% |
Summary: The Picnic Point real estate market had 43 homes for sale in November 2024, a 21.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 13 | 10 | -23.1% |
| 4 Bedrooms | 29 | 23 | -20.7% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Picnic Point 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 66.7%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 10 | -44.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Picnic Point, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in Picnic Point in November 2024, down by 44.4% month-over-month. Of the 10 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Picnic Point, WA
How long does it take to sell a home in Picnic Point, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 30 Days | +9.9% |
Summary: Homes in Picnic Point had an average of 30 days on market in Nov 2024, up by 9.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Picnic Point are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in Picnic Point; 60% of homes were sold within 30 days, 40% 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.