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 buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, South Juanita was a Seller's Market.

Key Takeaway

South Juanita is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in South Juanita, WA

How much do homes in South Juanita, WA cost?

Median Sold Price

$685,000

$547/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$120,000(-14.9%)

Key Takeaway

Homes in South Juanita have sold for 14.9% less than they did a year ago.

Summary: The median home sold price in South Juanita was $685,000 in September 2024, down 14.9% from last year, and the median price per square foot was $547.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $400K$366K
-8.5%
2 $495K$515K
+4.0%
3 $1.0M$1.2M
+13.6%
4 $1.3M$1.3M
-4.4%
5+ $2.8M$2.5M
-12.3%

Summary: South Juanita housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.5%, 2 bedroom homes increased by 4%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 12.3%.

Housing Supply in South Juanita, WA

How many homes are available in South Juanita, WA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2942+44.8%

Summary: The South Juanita real estate market had 42 homes for sale in September 2024, a 44.8% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 51
-80.0%
2 1929
+52.6%
3 06
+100.0%
4 33
0.0%
5+ 23
+50.0%

Summary: The South Juanita housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 80%, 2 bedroom homes increased by 52.6%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
103-70.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Juanita, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in South Juanita in September 2024, down by 70.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% 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

Sep 2023Sep 2024CHANGE
22 Days48 Days+115.9%

Summary: Homes in South Juanita had an average of 48 days on market in Sep 2024, up by 115.9% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in South Juanita has remained consistent over time.

Summary: During September 2024, 3 homes were sold in South Juanita; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

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