Is Capitol Hill, 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, Capitol Hill has remained a Seller's Market.
Housing Prices in Capitol Hill, WA
How much do homes in Capitol Hill, WA cost?
Median Sold Price
$1,850,000
$623/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Capitol Hill was $1,850,000 in April 2024, up 0.7% from last year, and the median price per square foot was $623.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $475K | $415K | -12.6% |
2 Bedrooms | $907.5K | $639.9K | -29.5% |
3 Bedrooms | $1.6M | $1.8M | +13.6% |
4 Bedrooms | $2.0M | $1.8M | -9.1% |
5+ Bedrooms | $3.9M | $2.9M | -26.2% |
Summary: Capitol Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.6%, 2 bedroom homes decreased by 29.5%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 26.2%.
Housing Supply in Capitol Hill, WA
How many homes are available in Capitol Hill, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 11 | +10.0% |
Summary: The Capitol Hill real estate market had 11 homes for sale in April 2024, a 10.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 3 | 2 | -33.3% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Capitol Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Capitol Hill in April 2024, the same as the previous month. Of the 3 sold homes, 0% were sold under asking, 33% were sold at asking, and 67% were sold over asking.
Days on Market for Capitol Hill, WA
How long does it take to sell a home in Capitol Hill, WA?
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Capitol Hill; 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.