Is Vashon North, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vashon North is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Vashon North was a Seller's Market.

Key Takeaway

Vashon North is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Vashon North, WA

How much do homes in Vashon North, WA cost?

Median Sold Price

$742,000

$491/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$13,000(-1.7%)

Key Takeaway

Homes in Vashon North have sold for 1.7% less than they did a year ago.

Summary: The median home sold price in Vashon North was $742,000 in September 2024, down 1.7% from last year, and the median price per square foot was $491.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $549.5K$405K
-26.3%
2 $690K$660.5K
-4.3%
3 $851K$800K
-6.0%
4 $990K$1.0M
+9.1%
5+ -$3.5M
N/A

Summary: Vashon North housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.3%, 2 bedroom homes decreased by 4.3%, 3 bedroom homes decreased by 6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes did not change.

Housing Supply in Vashon North, WA

How many homes are available in Vashon North, WA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2324+4.3%

Summary: The Vashon North real estate market had 24 homes for sale in September 2024, a 4.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 23
+50.0%
2 65
-16.7%
3 1111
0.0%
4 34
+33.3%
5+ 11
0.0%

Summary: The Vashon North housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vashon North, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Vashon North in September 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Vashon North, WA

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

Average Sale Time

Sep 2023Sep 2024CHANGE
28 Days7 Days-74.3%

Summary: Homes in Vashon North had an average of 7 days on market in Sep 2024, down by 74.3% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 4 homes were sold in Vashon North; 100% of homes were sold within 30 days, 0% 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 17 Days Ago

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