Is South Juanita, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Juanita is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, South Juanita has remained a Seller's Market.

Key Takeaway

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

Housing Prices in South Juanita, WA

How much do homes in South Juanita, WA cost?

Median Sold Price

$592,500

$538/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$192,500(-24.5%)

Key Takeaway

Homes in South Juanita have sold for 24.5% less than they did a year ago.

Summary: The median home sold price in South Juanita was $592,500 in November 2024, down 24.5% from last year, and the median price per square foot was $538.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $394K$375K
-4.8%
2 $500K$515K
+3.0%
3 $1.0M$1.2M
+20.8%
4 $1.3M$1.4M
+11.3%
5+ $3.1M$2.5M
-20.6%

Summary: South Juanita housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes decreased by 20.6%.

Housing Supply in South Juanita, WA

How many homes are available in South Juanita, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4647+2.2%

Summary: The South Juanita real estate market had 47 homes for sale in November 2024, a 2.2% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 3029
-3.3%
3 33
0.0%
4 55
0.0%
5+ 56
+20.0%

Summary: The South Juanita housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
914+55.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Juanita, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in South Juanita in November 2024, up by 55.6% month-over-month. Of the 14 sold homes, 50% were sold under asking, 14% were sold at asking, and 36% were sold over asking.

Days on Market for South Juanita, WA

How long does it take to sell a home in South Juanita, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
24 Days33 Days+37.2%

Summary: Homes in South Juanita had an average of 33 days on market in Nov 2024, up by 37.2% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 14 homes were sold in South Juanita; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 24 Days Ago

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