Is Westminster Triangle, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westminster Triangle is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Westminster Triangle was a Seller's Market.

Key Takeaway

Westminster Triangle is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Westminster Triangle, WA

How much do homes in Westminster Triangle, WA cost?

Median Sold Price

$804,169

$465/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$110,668(+16.0%)

Key Takeaway

Homes in Westminster Triangle have sold for 16% more than they did a month ago.

Summary: The median home sold price in Westminster Triangle was $804,169 in November 2024, up 16% from last month, and the median price per square foot was $465.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $474.9K-
N/A
2 $710K$632.5K
-10.9%
3 $718K$804.1K
+12.0%
4 -$805K
N/A
5+ --
N/A

Summary: Westminster Triangle housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.9%, 3 bedroom homes increased by 12%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Westminster Triangle
+16.0%
Parkwood
+4.6%

Housing Supply in Westminster Triangle, WA

How many homes are available in Westminster Triangle, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3024-20.0%

Summary: The Westminster Triangle real estate market had 24 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 31
-66.7%
2 1412
-14.3%
3 119
-18.2%
4 22
0.0%
5+ 00
0.0%

Summary: The Westminster Triangle housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westminster Triangle, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Westminster Triangle in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Westminster Triangle, WA

How long does it take to sell a home in Westminster Triangle, WA?

Average Sale Time

Oct 2024Nov 2024CHANGE
50 Days121 Days+139.9%

Summary: Homes in Westminster Triangle had an average of 121 days on market in Nov 2024, up by 139.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Westminster Triangle are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Westminster Triangle; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 21 Days Ago

Newest Listings in Westminster Triangle, WA

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