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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yale is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Yale was a Buyer's Market.

Key Takeaway

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

Housing Prices in Yale, WA

How much do homes in Yale, WA cost?

Median Sold Price

$497,500

$366/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$207,500(+71.6%)

Key Takeaway

Homes in Yale have sold for 71.6% more than they did a month ago.

Summary: The median home sold price in Yale was $497,500 in October 2024, up 71.6% from last month, and the median price per square foot was $366.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$200K
N/A
2 --
N/A
3 $290K$497.5K
+71.6%
4 -$529.5K
N/A
5+ --
N/A

Summary: Yale housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 71.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Yale, WA

How many homes are available in Yale, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1516+6.7%

Summary: The Yale real estate market had 16 homes for sale in October 2024, a 6.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 22
0.0%
3 109
-10.0%
4 22
0.0%
5+ 02
+100.0%

Summary: The Yale 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 remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yale, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Yale in October 2024, up by 400.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Yale, WA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
100 Days52 Days-47.6%

Summary: Homes in Yale had an average of 52 days on market in Oct 2024, down by 47.6% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Yale; 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 22 Days Ago

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