$7,351 Closing Credit*
$619,000
1,670 SqFt
2 Beds
•2 Full Baths
Mary Hefty, Listing Office: Berkshire Hathaway HS NW
Is Twin Lakes, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Twin Lakes has remained a Seller's Market.
Key Takeaway
Twin Lakes is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Twin Lakes, WA
How much do homes in Twin Lakes, WA cost?
Median Sold Price
$590,000
$312/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+5.4%)
Key Takeaway
Homes in Twin Lakes have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Twin Lakes was $590,000 in October 2024, up 5.4% from last year, and the median price per square foot was $312.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $295K | +3.5% |
| 2 Bedrooms | $329.5K | $352.5K | +7.0% |
| 3 Bedrooms | $550K | $575.5K | +4.6% |
| 4 Bedrooms | $599.9K | $647.5K | +7.9% |
| 5+ Bedrooms | $677.5K | $745K | +10.0% |
Summary: Twin Lakes housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.5%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 10%.
Housing Supply in Twin Lakes, WA
How many homes are available in Twin Lakes, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 77 | 80 | +3.9% |
Summary: The Twin Lakes real estate market had 80 homes for sale in October 2024, a 3.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 28 | 31 | +10.7% |
| 4 Bedrooms | 21 | 21 | 0.0% |
| 5+ Bedrooms | 11 | 13 | +18.2% |
Summary: The Twin Lakes housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 10.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Twin Lakes, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Twin Lakes in October 2024, down by 5.3% month-over-month. Of the 18 sold homes, 44% were sold under asking, 28% were sold at asking, and 28% were sold over asking.
Days on Market for Twin Lakes, WA
How long does it take to sell a home in Twin Lakes, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 28 Days | +38.3% |
Summary: Homes in Twin Lakes had an average of 28 days on market in Oct 2024, up by 38.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Twin Lakes are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in Twin Lakes; 56% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 6% 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.