Is Rose Village, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rose Village is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Rose Village was a Buyer's Market.

Key Takeaway

Rose Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Rose Village, WA

How much do homes in Rose Village, WA cost?

Median Sold Price

$420,000

$273/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$30,500(+7.8%)

Key Takeaway

Homes in Rose Village have sold for 7.8% more than they did a month ago.

Summary: The median home sold price in Rose Village was $420,000 in October 2024, up 7.8% from last month, and the median price per square foot was $273.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $389.5K$341.7K
-12.3%
3 $445K$455.5K
+2.4%
4 --
N/A
5+ -$665K
N/A

Summary: Rose Village housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.3%, 3 bedroom homes increased by 2.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Rose Village, WA

How many homes are available in Rose Village, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2628+7.7%

Summary: The Rose Village real estate market had 28 homes for sale in October 2024, a 7.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 98
-11.1%
3 1113
+18.2%
4 12
+100.0%
5+ 55
0.0%

Summary: The Rose Village 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 decreased by 11.1%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
310+233.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rose Village, 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 Rose Village in October 2024, up by 233.3% month-over-month. Of the 10 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Rose Village, WA

How long does it take to sell a home in Rose Village, WA?

Average Sale Time

Sep 2024Oct 2024CHANGE
22 Days17 Days-18.6%

Summary: Homes in Rose Village had an average of 17 days on market in Oct 2024, down by 18.6% compared to last month.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Rose Village are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 10 homes were sold in Rose Village; 90% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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