$10,000 Closing Credit*
$971,500
2,712 SqFt
Sandeep Sandhu, Listing Office: The Preview Group
Is Pinewood, 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, Pinewood has remained a Seller's Market.
Key Takeaway
Pinewood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pinewood, WA
How much do homes in Pinewood, WA cost?
Median Sold Price
$601,900
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$28,100(-4.5%)
Key Takeaway
Homes in Pinewood have sold for 4.5% less than they did a year ago.
Summary: The median home sold price in Pinewood was $601,900 in October 2024, down 4.5% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $350K | $334.9K | -4.3% |
| 3 Bedrooms | $566K | $579.9K | +2.4% |
| 4 Bedrooms | $657.4K | $649.9K | -1.1% |
| 5+ Bedrooms | $752.4K | $830.8K | +10.4% |
Summary: Pinewood 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 decreased by 4.3%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 10.4%.
Housing Supply in Pinewood, WA
How many homes are available in Pinewood, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 73 | +12.3% |
Summary: The Pinewood real estate market had 73 homes for sale in October 2024, a 12.3% increase 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 | 7 | 9 | +28.6% |
| 3 Bedrooms | 24 | 27 | +12.5% |
| 4 Bedrooms | 24 | 27 | +12.5% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The Pinewood 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 increased by 28.6%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 23 | +76.9% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pinewood, you may be able to get a good deal. 43.5% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Pinewood in October 2024, up by 76.9% month-over-month. Of the 23 sold homes, 43% were sold under asking, 39% were sold at asking, and 17% were sold over asking.
Days on Market for Pinewood, WA
How long does it take to sell a home in Pinewood, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 36 Days | +53.2% |
Summary: Homes in Pinewood had an average of 36 days on market in Oct 2024, up by 53.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pinewood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in Pinewood; 70% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% 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.