Is Clyde Hill, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clyde Hill is a seller's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Clyde Hill was a Buyer's Market.

Key Takeaway

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

Housing Prices in Clyde Hill, WA

How much do homes in Clyde Hill, WA cost?

Median Sold Price

$3,567,500

$1,075/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$313,500(-8.1%)

Key Takeaway

Homes in Clyde Hill have sold for 8.1% less than they did a year ago.

Summary: The median home sold price in Clyde Hill was $3,567,500 in May 2024, down 8.1% from last year, and the median price per square foot was $1,075.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $1.8M$1.6M
-9.8%
3 $3.7M$2.8M
-24.0%
4 $3.3M$3.5M
+5.6%
5+ $6.5M$5.5M
-16.3%

Summary: Clyde Hill housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.8%, 3 bedroom homes decreased by 24%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes decreased by 16.3%.

Median Sold Price Compared To Nearby Cities

Kirkland
+5.5%
Clyde Hill
-8.1%
Medina
-25.5%

Housing Supply in Clyde Hill, WA

How many homes are available in Clyde Hill, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1115+36.4%

Summary: The Clyde Hill real estate market had 15 homes for sale in May 2024, a 36.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 00
0.0%
3 12
+100.0%
4 54
-20.0%
5+ 59
+80.0%

Summary: The Clyde Hill housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 80%.

Number of Homes Sold

Apr 2024May 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

2 Homes Were 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 Clyde Hill, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Clyde Hill in May 2024, up by 400.0% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Clyde Hill, WA

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

Average Sale Time

May 2023May 2024CHANGE
52 Days7 Days-86.3%

Summary: Homes in Clyde Hill had an average of 7 days on market in May 2024, down by 86.3% compared to last year.

Breakdown of Home Sale Times

5 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 Clyde Hill are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 5 homes were sold in Clyde Hill; 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 1 Day Ago

Newest Listings in Clyde Hill, WA

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