Is Tehaleh, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tehaleh is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Tehaleh, WA

How much do homes in Tehaleh, WA cost?

Median Sold Price

$761,279

$290/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$70,912(+10.3%)

Key Takeaway

Homes in Tehaleh have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in Tehaleh was $761,279 in November 2024, up 10.3% from last year, and the median price per square foot was $290.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $605K$580K
-4.1%
2 $628K$725K
+15.4%
3 $580K$619.9K
+6.9%
4 $735.4K$772.9K
+5.1%
5+ $782.6K$875K
+11.8%

Summary: Tehaleh housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 11.8%.

Median Sold Price Compared To Nearby Neighborhoods

Cedar Run
+19.5%
Tehaleh
+10.3%

Housing Supply in Tehaleh, WA

How many homes are available in Tehaleh, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5340-24.5%

Summary: The Tehaleh real estate market had 40 homes for sale in November 2024, a 24.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 1311
-15.4%
3 1713
-23.5%
4 1512
-20.0%
5+ 74
-42.9%

Summary: The Tehaleh housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1611-31.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tehaleh, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Tehaleh in November 2024, down by 31.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 27% were sold at asking, and 27% were sold over asking.

Days on Market for Tehaleh, WA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
52 Days46 Days-11.2%

Summary: Homes in Tehaleh had an average of 46 days on market in Nov 2024, down by 11.2% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Tehaleh; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% 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 18 Days Ago

Newest Listings in Tehaleh, WA

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