Is Enumclaw Plateau, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Enumclaw Plateau has remained a Seller's Market.
Housing Prices in Enumclaw Plateau, WA
How much do homes in Enumclaw Plateau, WA cost?
Median Sold Price
$708,343
$339/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Enumclaw Plateau was $708,343 in May 2024, up 1.3% from last year, and the median price per square foot was $339.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $405K | $397.7K | -1.8% |
2 Bedrooms | $425K | $604.4K | +42.2% |
3 Bedrooms | $625K | $653.9K | +4.6% |
4 Bedrooms | $759.9K | $785K | +3.3% |
5+ Bedrooms | $870K | $920K | +5.7% |
Summary: Enumclaw Plateau housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 42.2%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Cities
Enumclaw | $570K | $685K | +20.2% |
Buckley | $560K | $614.9K | +9.8% |
Black Diamond | $799.4K | $848.8K | +6.2% |
Maple Valley | $740.3K | $759.2K | +2.6% |
Enumclaw Plateau | $699.5K | $708.3K | +1.3% |
Housing Supply in Enumclaw Plateau, WA
How many homes are available in Enumclaw Plateau, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
244 | 285 | +16.8% |
Summary: The Enumclaw Plateau real estate market had 285 homes for sale in May 2024, a 16.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 29 | 28 | -3.4% |
3 Bedrooms | 97 | 125 | +28.9% |
4 Bedrooms | 83 | 95 | +14.5% |
5+ Bedrooms | 30 | 32 | +6.7% |
Summary: The Enumclaw Plateau 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 decreased by 3.4%, 3 bedroom homes increased by 28.9%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
80 | 74 | -7.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Summary: A total of 74 homes were sold or pending in Enumclaw Plateau in May 2024, down by 7.5% month-over-month. Of the 74 sold homes, 19% were sold under asking, 30% were sold at asking, and 51% were sold over asking.
Days on Market for Enumclaw Plateau, WA
How long does it take to sell a home in Enumclaw Plateau, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
27 Days | 18 Days | -31.1% |
Summary: Homes in Enumclaw Plateau had an average of 18 days on market in May 2024, down by 31.1% compared to last year.
Breakdown of Home Sale Times
64 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 74 homes were sold in Enumclaw Plateau; 86% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.