Is Hazel Dell, 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, Hazel Dell has remained a Seller's Market.
Housing Prices in Hazel Dell, WA
How much do homes in Hazel Dell, WA cost?
Median Sold Price
$495,038
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hazel Dell was $495,038 in May 2024, up 0.8% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $320.2K | N/A |
2 Bedrooms | $280.5K | $310K | +10.5% |
3 Bedrooms | $461.5K | $479.3K | +3.9% |
4 Bedrooms | $539.9K | $550K | +1.9% |
5+ Bedrooms | $630K | $639.9K | +1.6% |
Summary: Hazel Dell 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 increased by 10.5%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 1.6%.
Housing Supply in Hazel Dell, WA
How many homes are available in Hazel Dell, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
120 | 124 | +3.3% |
Summary: The Hazel Dell real estate market had 124 homes for sale in May 2024, a 3.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 15 | 14 | -6.7% |
3 Bedrooms | 62 | 66 | +6.5% |
4 Bedrooms | 35 | 38 | +8.6% |
5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Hazel Dell housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
38 | 27 | -28.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Hazel Dell in May 2024, down by 28.9% month-over-month. Of the 27 sold homes, 30% were sold under asking, 26% were sold at asking, and 44% were sold over asking.
Days on Market for Hazel Dell, WA
How long does it take to sell a home in Hazel Dell, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
26 Days | 24 Days | -7.3% |
Summary: Homes in Hazel Dell had an average of 24 days on market in May 2024, down by 7.3% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 27 homes were sold in Hazel Dell; 81% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.