Is Hazel Dell, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hazel Dell is a seller's market

Buyer's
Market

Difference Since May 2023

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

Key Takeaway

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

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

+$3,905(+0.8%)

Key Takeaway

Homes in Hazel Dell have sold for 0.8% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 -$320.2K
N/A
2 $280.5K$310K
+10.5%
3 $461.5K$479.3K
+3.9%
4 $539.9K$550K
+1.9%
5+ $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 2024May 2024CHANGE
120124+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

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 1514
-6.7%
3 6266
+6.5%
4 3538
+8.6%
5+ 85
-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 2024May 2024CHANGE
3827-28.9%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hazel Dell, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

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 2023May 2024CHANGE
26 Days24 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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 Hazel Dell, WA

Nearby Markets to Hazel Dell, WA