Is Alderwood Manor, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Alderwood Manor has remained a Seller's Market.
Housing Prices in Alderwood Manor, WA
How much do homes in Alderwood Manor, WA cost?
Median Sold Price
$790,000
$403/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Alderwood Manor was $790,000 in March 2024, down 1.3% from last year, and the median price per square foot was $403.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $725K | - | N/A |
2 Bedrooms | $615K | $565K | -8.1% |
3 Bedrooms | $755K | $712K | -5.7% |
4 Bedrooms | $843.8K | $835.2K | -1.0% |
5+ Bedrooms | $972.9K | $960.7K | -1.3% |
Summary: Alderwood Manor housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.1%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes decreased by 1.3%.
Housing Supply in Alderwood Manor, WA
How many homes are available in Alderwood Manor, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
7 | 17 | +142.9% |
Summary: The Alderwood Manor real estate market had 17 homes for sale in March 2024, a 142.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 3 | 7 | +133.3% |
4 Bedrooms | 2 | 5 | +150.0% |
5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Alderwood Manor housing inventory by bedroom type for March 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 133.3%, 4 bedroom homes increased by 150%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
2 | 5 | +150.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Alderwood Manor in March 2024, up by 150.0% month-over-month. Of the 5 sold homes, 0% were sold under asking, 40% were sold at asking, and 60% were sold over asking.
Days on Market for Alderwood Manor, WA
How long does it take to sell a home in Alderwood Manor, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 3 Days | -88.2% |
Summary: Homes in Alderwood Manor had an average of 3 days on market in Mar 2024, down by 88.2% 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
Summary: During March 2024, 5 homes were sold in Alderwood Manor; 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.