$7,422 Closing Credit*
$625,000
1,418 SqFt
3 Beds
•2 Full Baths
Jaysiah Ferguson, Sandra King, Listing Office: Keller Williams Realty Portland Central
Is Ridgefield Junction, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Ridgefield Junction was a Seller's Market.
Key Takeaway
Ridgefield Junction is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Ridgefield Junction, WA
How much do homes in Ridgefield Junction, WA cost?
Median Sold Price
$623,531
$287/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$33,236(+5.6%)
Key Takeaway
Homes in Ridgefield Junction have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Ridgefield Junction was $623,531 in October 2024, up 5.6% from last year, and the median price per square foot was $287.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $407.9K | - | N/A |
| 3 Bedrooms | $479K | $545K | +13.8% |
| 4 Bedrooms | $650K | $662.9K | +2.0% |
| 5+ Bedrooms | $694.9K | $791.2K | +13.9% |
Summary: Ridgefield Junction 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 did not change, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 13.9%.
Housing Supply in Ridgefield Junction, WA
How many homes are available in Ridgefield Junction, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 171 | 165 | -3.5% |
Summary: The Ridgefield Junction real estate market had 165 homes for sale in October 2024, a 3.5% decrease 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 68 | 68 | 0.0% |
| 4 Bedrooms | 76 | 73 | -3.9% |
| 5+ Bedrooms | 26 | 23 | -11.5% |
Summary: The Ridgefield Junction 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes decreased by 11.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 27 | -27.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ridgefield Junction, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
Summary: A total of 27 homes were sold or pending in Ridgefield Junction in October 2024, down by 27.0% month-over-month. Of the 27 sold homes, 19% were sold under asking, 56% were sold at asking, and 26% were sold over asking.
Days on Market for Ridgefield Junction, WA
How long does it take to sell a home in Ridgefield Junction, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 61 Days | 87 Days | +42.4% |
Summary: Homes in Ridgefield Junction had an average of 87 days on market in Oct 2024, up by 42.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Ridgefield Junction are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 27 homes were sold in Ridgefield Junction; 33% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.
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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.