$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 September 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
$630,000
$433/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$30,000(+5.0%)
Key Takeaway
Homes in South Delridge have sold for 5% more than they did a year ago.
Summary: The median home sold price in South Delridge was $630,000 in September 2024, up 5% from last year, and the median price per square foot was $433.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $522.5K | $458.7K | -12.2% |
| 2 Bedrooms | $520K | $476.8K | -8.3% |
| 3 Bedrooms | $599.9K | $660K | +10.0% |
| 4 Bedrooms | $767.4K | $849.5K | +10.7% |
| 5+ Bedrooms | $616K | $805K | +30.7% |
Summary: South Delridge housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.2%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 10.7%, 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
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 26 | 34 | +30.8% |
Summary: The South Delridge real estate market had 34 homes for sale in September 2024, a 30.8% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 15 | +25.0% |
| 3 Bedrooms | 11 | 14 | +27.3% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The South Delridge housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 27.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Delridge, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in South Delridge in September 2024, up by 14.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 24 Days | 50 Days | +108.2% |
Summary: Homes in South Delridge had an average of 50 days on market in Sep 2024, up by 108.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 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 September 2024, 8 homes were sold in South Delridge; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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.