Is Windermere, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Windermere is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Windermere, WA

How much do homes in Windermere, WA cost?

Median Sold Price

$1,564,000

$613/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$139,000(+9.8%)

Key Takeaway

Homes in Windermere have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in Windermere was $1,564,000 in August 2024, up 9.8% from last year, and the median price per square foot was $613.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $442.5K$435K
-1.7%
2 $800K$641.2K
-19.8%
3 $1.2M$1.0M
-11.4%
4 $1.6M$1.6M
0.3%
5+ $2.6M$2.5M
-4.7%

Summary: Windermere housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.7%, 2 bedroom homes decreased by 19.8%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 4.7%.

Housing Supply in Windermere, WA

How many homes are available in Windermere, WA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
2413-45.8%

Summary: The Windermere real estate market had 13 homes for sale in August 2024, a 45.8% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 10
-100.0%
2 32
-33.3%
3 53
-40.0%
4 75
-28.6%
5+ 83
-62.5%

Summary: The Windermere housing inventory by bedroom type for August 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 40%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes decreased by 62.5%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
104-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 4 homes were sold or pending in Windermere in August 2024, down by 60.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Windermere, WA

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

Average Sale Time

Aug 2023Aug 2024CHANGE
14 Days14 Days-2.3%

Summary: Homes in Windermere had an average of 14 days on market in Aug 2024, down by 2.3% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 4 homes were sold in Windermere; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

Newest Listings in Windermere, WA

Nearby Markets to Windermere, WA