Is Whittier Heights, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Whittier Heights is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Whittier Heights has remained a Seller's Market.

Key Takeaway

Whittier Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Whittier Heights, WA

How much do homes in Whittier Heights, WA cost?

Median Sold Price

$892,000

$559/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,500(+2.8%)

Key Takeaway

Homes in Whittier Heights have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Whittier Heights was $892,000 in October 2024, up 2.8% from last year, and the median price per square foot was $559.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $469K$544.9K
+16.2%
2 $635.5K$773.7K
+21.8%
3 $862.4K$880K
+2.0%
4 $1.2M$1.1M
-6.2%
5+ $1.7M$1.1M
-35.8%

Summary: Whittier Heights housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.2%, 2 bedroom homes increased by 21.8%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes decreased by 35.8%.

Median Sold Price Compared To Nearby Neighborhoods

Greenwood Park
+4.3%
Whittier Heights
+2.8%

Housing Supply in Whittier Heights, WA

How many homes are available in Whittier Heights, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3947+20.5%

Summary: The Whittier Heights real estate market had 47 homes for sale in October 2024, a 20.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 34
+33.3%
2 1313
0.0%
3 1420
+42.9%
4 66
0.0%
5+ 34
+33.3%

Summary: The Whittier Heights housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
612+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 12 homes were sold or pending in Whittier Heights in October 2024, up by 100.0% month-over-month. Of the 12 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.

Days on Market for Whittier Heights, WA

How long does it take to sell a home in Whittier Heights, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days17 Days-41.7%

Summary: Homes in Whittier Heights had an average of 17 days on market in Oct 2024, down by 41.7% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 12 homes were sold in Whittier Heights; 83% of homes were sold within 30 days, 17% 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 22 Days Ago

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