$5,926 Closing Credit*
$499,000
971 SqFt
3 Beds
•1 Full Bath
Barrick Benson, Listing Office: Windermere Real Estate Co.
Is South Delridge, 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, South Delridge has remained a Seller's Market.
Key Takeaway
South Delridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Delridge, WA
How much do homes in South Delridge, WA cost?
Median Sold Price
$632,500
$433/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$17,000(+2.8%)
Key Takeaway
Homes in South Delridge have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in South Delridge was $632,500 in October 2024, up 2.8% from last year, and the median price per square foot was $433.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $522.5K | $458.7K | -12.2% |
| 2 Bedrooms | $579K | $476.8K | -17.6% |
| 3 Bedrooms | $599.9K | $660K | +10.0% |
| 4 Bedrooms | $760K | $827.5K | +8.9% |
| 5+ Bedrooms | $616K | $805K | +30.7% |
Summary: South Delridge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.2%, 2 bedroom homes decreased by 17.6%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 30.7%.
Housing Supply in South Delridge, WA
How many homes are available in South Delridge, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 42 | +27.3% |
Summary: The South Delridge real estate market had 42 homes for sale in October 2024, a 27.3% 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 | 15 | 22 | +46.7% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The South Delridge 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 46.7%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 200%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Delridge, expect to pay close to the asking price. 55.6% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in South Delridge in October 2024, up by 12.5% month-over-month. Of the 9 sold homes, 11% were sold under asking, 56% were sold at asking, and 33% were sold over asking.
Days on Market for South Delridge, WA
How long does it take to sell a home in South Delridge, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 9 Days | 26 Days | +173.9% |
Summary: Homes in South Delridge had an average of 26 days on market in Oct 2024, up by 173.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Delridge are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 9 homes were sold in South Delridge; 67% of homes were sold within 30 days, 33% 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.