$7,422 Closing Credit*
$625,000
1,470 SqFt
3 Beds
•1 Full Bath
Marella Alejandrino, Listing Office: Windermere Northlake
Is View Ridge, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, View Ridge was a Seller's Market.
Key Takeaway
View Ridge 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 View Ridge, WA
How much do homes in View Ridge, WA cost?
Median Sold Price
$1,192,500
$562/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,500(+1.1%)
Key Takeaway
Homes in View Ridge have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in View Ridge was $1,192,500 in October 2024, up 1.1% from last year, and the median price per square foot was $562.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $330K | $354.3K | +7.4% |
| 2 Bedrooms | $642.5K | $700K | +8.9% |
| 3 Bedrooms | $1.2M | $1.3M | +6.0% |
| 4 Bedrooms | $1.9M | $1.6M | -15.4% |
| 5+ Bedrooms | $3.0M | $2.9M | -0.8% |
Summary: View Ridge housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.4%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 6%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 0.8%.
Housing Supply in View Ridge, WA
How many homes are available in View Ridge, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Summary: The View Ridge real estate market had 27 homes for sale in October 2024, a 17.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 7 | +75.0% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The View Ridge housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 12.5%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in View Ridge, you could pay more than the asking price. 75% of homes here sold above asking price last month.
Summary: A total of 4 homes were sold or pending in View Ridge in October 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 0% were sold at asking, and 75% were sold over asking.
Days on Market for View Ridge, WA
How long does it take to sell a home in View Ridge, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 3 Days | -92.8% |
Summary: Homes in View Ridge had an average of 3 days on market in Oct 2024, down by 92.8% 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
Key Takeaway
Many homes in View Ridge are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in View Ridge; 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.
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.