Is Bridle Trails, 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, Bridle Trails has remained a Seller's Market.
Key Takeaway
Bridle Trails is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bridle Trails, WA
How much do homes in Bridle Trails, WA cost?
Median Sold Price
$1,750,000
$650/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Bridle Trails have sold for 17.3% more than they did a year ago.
Summary: The median home sold price in Bridle Trails was $1,750,000 in April 2024, up 17.3% from last year, and the median price per square foot was $650.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $352K | $388.2K | +10.3% |
| 2 Bedrooms | $450K | $486.9K | +8.2% |
| 3 Bedrooms | $1.2M | $1.5M | +24.2% |
| 4 Bedrooms | $2.0M | $2.2M | +12.4% |
| 5+ Bedrooms | $2.8M | $2.7M | -1.1% |
Summary: Bridle Trails housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.3%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 24.2%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes decreased by 1.1%.
Housing Supply in Bridle Trails, WA
How many homes are available in Bridle Trails, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 54 | +50.0% |
Summary: The Bridle Trails real estate market had 54 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 12 | 14 | +16.7% |
| 3 Bedrooms | 6 | 15 | +150.0% |
| 4 Bedrooms | 10 | 14 | +40.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Bridle Trails housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 150%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bridle Trails, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Bridle Trails in April 2024, up by 8.3% month-over-month. Of the 13 sold homes, 38% were sold under asking, 8% were sold at asking, and 54% were sold over asking.
Days on Market for Bridle Trails, WA
How long does it take to sell a home in Bridle Trails, WA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 17 Days | 37 Days | +114.9% |
Summary: Homes in Bridle Trails had an average of 37 days on market in Apr 2024, up by 114.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bridle Trails are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in Bridle Trails; 62% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.