Is West Hazel Dell, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Hazel Dell is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, West Hazel Dell has remained a Seller's Market.

Key Takeaway

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

Housing Prices in West Hazel Dell, WA

How much do homes in West Hazel Dell, WA cost?

Median Sold Price

$521,500

$293/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$21,550(+4.3%)

Key Takeaway

Homes in West Hazel Dell have sold for 4.3% more than they did a year ago.

Summary: The median home sold price in West Hazel Dell was $521,500 in December 2024, up 4.3% from last year, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $265.5K$230K
-13.4%
2 $390K$332.5K
-14.7%
3 $480K$505K
+5.2%
4 $599.9K$574.9K
-4.2%
5+ $599.9K$715K
+19.2%

Summary: West Hazel Dell housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.4%, 2 bedroom homes decreased by 14.7%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 19.2%.

Housing Supply in West Hazel Dell, WA

How many homes are available in West Hazel Dell, WA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5342-20.8%

Summary: The West Hazel Dell real estate market had 42 homes for sale in December 2024, a 20.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 20
-100.0%
2 64
-33.3%
3 2219
-13.6%
4 1916
-15.8%
5+ 43
-25.0%

Summary: The West Hazel Dell housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes decreased by 15.8%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
15150.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Hazel Dell, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in West Hazel Dell in December 2024, the same as the previous month. Of the 15 sold homes, 47% were sold under asking, 27% were sold at asking, and 27% were sold over asking.

Days on Market for West Hazel Dell, WA

How long does it take to sell a home in West Hazel Dell, WA?

Average Sale Time

Dec 2023Dec 2024CHANGE
39 Days83 Days+111.2%

Summary: Homes in West Hazel Dell had an average of 83 days on market in Dec 2024, up by 111.2% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 15 homes were sold in West Hazel Dell; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 1 Day Ago

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