Is Kenmore, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Kenmore has remained a Seller's Market.
Housing Prices in Kenmore, WA
How much do homes in Kenmore, WA cost?
Median Sold Price
$923,333
$486/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Kenmore was $923,333 in April 2024, down 5.3% from last year, and the median price per square foot was $486.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $332.4K | $315K | -5.2% |
2 Bedrooms | $624.9K | $580.5K | -7.1% |
3 Bedrooms | $892.5K | $920K | +3.1% |
4 Bedrooms | $1.1M | $975K | -15.2% |
5+ Bedrooms | $1.4M | $1.4M | +2.8% |
Summary: Kenmore housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Cities
Bothell | $950.3K | $1.0M | +10.4% |
Seattle East | $1.0M | $1.1M | +8.9% |
Lake Forest Park | $955K | $1.0M | +5.2% |
Kenmore | $975K | $923.3K | -5.3% |
Brier | $988K | $913.5K | -7.5% |
Housing Supply in Kenmore, WA
How many homes are available in Kenmore, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
76 | 78 | +2.6% |
Summary: The Kenmore real estate market had 78 homes for sale in April 2024, a 2.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 8 | -11.1% |
2 Bedrooms | 17 | 13 | -23.5% |
3 Bedrooms | 15 | 12 | -20.0% |
4 Bedrooms | 21 | 31 | +47.6% |
5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The Kenmore housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 23.5%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 47.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 32 | +18.5% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Kenmore in April 2024, up by 18.5% month-over-month. Of the 32 sold homes, 38% were sold under asking, 19% were sold at asking, and 44% were sold over asking.
Days on Market for Kenmore, WA
How long does it take to sell a home in Kenmore, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 21 Days | +8.6% |
Summary: Homes in Kenmore had an average of 21 days on market in Apr 2024, up by 8.6% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in Kenmore; 78% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.