$5,415 Closing Credit*
$456,000
1,165 SqFt
2 Beds
•1 Full Bath
Lori Collins, Listing Office: Solution Partners NW
Is Providence 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, Providence Point was a Seller's Market.
Key Takeaway
Providence Point is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Providence Point, WA
How much do homes in Providence Point, WA cost?
Median Sold Price
$595,000
$427/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$5,000(-0.8%)
Key Takeaway
Homes in Providence Point have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Providence Point was $595,000 in November 2024, down 0.8% from last year, and the median price per square foot was $427.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $365K | $370K | +1.4% |
| 2 Bedrooms | $572K | $578K | +1.0% |
| 3 Bedrooms | $799K | $852.5K | +6.7% |
| 4 Bedrooms | $1.8M | $1.9M | +6.2% |
| 5+ Bedrooms | - | $1.8M | N/A |
Summary: Providence Point housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes did not change.
Housing Supply in Providence Point, WA
How many homes are available in Providence Point, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 36 | 29 | -19.4% |
Summary: The Providence Point real estate market had 29 homes for sale in November 2024, a 19.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 21 | 16 | -23.8% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Providence Point housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 23.8%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 4 | -63.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Providence Point, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Providence Point in November 2024, down by 63.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Providence Point, WA
How long does it take to sell a home in Providence Point, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 26 Days | 23 Days | -9.8% |
Summary: Homes in Providence Point had an average of 23 days on market in Nov 2024, down by 9.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Providence Point are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in Providence Point; 75% of homes were sold within 30 days, 25% 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.