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 October 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

$630,000

$546/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$170,000(-21.3%)

Key Takeaway

Homes in South Juanita have sold for 21.2% less than they did a year ago.

Summary: The median home sold price in South Juanita was $630,000 in October 2024, down 21.3% from last year, and the median price per square foot was $546.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $394K$367K
-6.9%
2 $495K$514.2K
+3.9%
3 $1.1M$1.1M
+3.2%
4 $1.2M$1.3M
+1.9%
5+ $3.0M$2.4M
-20.3%

Summary: South Juanita housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.9%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 20.3%.

Housing Supply in South Juanita, WA

How many homes are available in South Juanita, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3551+45.7%

Summary: The South Juanita real estate market had 51 homes for sale in October 2024, a 45.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 13
+200.0%
2 2533
+32.0%
3 55
0.0%
4 26
+200.0%
5+ 24
+100.0%

Summary: The South Juanita housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 32%, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
39+200.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in South Juanita in October 2024, up by 200.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% 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

Oct 2023Oct 2024CHANGE
21 Days49 Days+126.0%

Summary: Homes in South Juanita had an average of 49 days on market in Oct 2024, up by 126% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 9 homes were sold in South Juanita; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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 22 Days Ago

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