$6,531 Closing Credit*
$550,000
1,068 SqFt
2 Beds
•1 Full Bath
Robin Sheridan, Listing Office: COMPASS
Is West Queen Anne, 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, West Queen Anne has remained a Seller's Market.
Key Takeaway
West Queen Anne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Queen Anne, WA
How much do homes in West Queen Anne, WA cost?
Median Sold Price
$1,156,000
$603/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$26,000(+2.3%)
Key Takeaway
Homes in West Queen Anne have sold for 2.3% more than they did a year ago.
Summary: The median home sold price in West Queen Anne was $1,156,000 in October 2024, up 2.3% from last year, and the median price per square foot was $603.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $413.5K | +7.4% |
| 2 Bedrooms | $682.4K | $702.5K | +2.9% |
| 3 Bedrooms | $1.4M | $1.2M | -16.2% |
| 4 Bedrooms | $1.8M | $1.8M | -3.7% |
| 5+ Bedrooms | $1.9M | $2.3M | +20.4% |
Summary: West Queen Anne 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 2.9%, 3 bedroom homes decreased by 16.2%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes increased by 20.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Lower Queen Anne | $586.5K | $660K | +12.5% |
| West Queen Anne | $1.1M | $1.1M | +2.3% |
| Queen Anne | $930K | $945K | +1.6% |
| East Queen Anne | $1.0M | $1.0M | -2.6% |
Housing Supply in West Queen Anne, WA
How many homes are available in West Queen Anne, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 37 | +2.8% |
Summary: The West Queen Anne real estate market had 37 homes for sale in October 2024, a 2.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 10 | 11 | +10.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The West Queen Anne housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Queen Anne, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in West Queen Anne in October 2024, the same as the previous month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.
Days on Market for West Queen Anne, WA
How long does it take to sell a home in West Queen Anne, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 37 Days | +23.5% |
Summary: Homes in West Queen Anne had an average of 37 days on market in Oct 2024, up by 23.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in West Queen Anne are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in West Queen Anne; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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.