Is Carnation, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Carnation is a seller's market

Buyer's
Market

Difference Since May 2021

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

Key Takeaway

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

How much do homes in Carnation, WA cost?

Median Sold Price

$835,000

$386/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$102,500(+14.0%)

Key Takeaway

Homes in Carnation have sold for 14% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 --
N/A
2 $523K$552K
+5.6%
3 $649.9K$699.9K
+7.7%
4 $732.5K$944K
+28.9%
5+ $851K$1.1M
+29.6%

Median Sold Price Compared To Nearby Cities

Seattle East
+25.2%
Snoqualmie Valley
+22.7%
Carnation
+14.0%

How many homes are available in Carnation, WA?

Number of Homes For Sale

Apr 2022May 2022%
1311-15.4%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 10
-100.0%
3 77
0.0%
4 22
0.0%
5+ 32
-33.3%

Number of Homes Sold

Apr 2022May 2022%
660.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Carnation, you could pay more than the asking price. 83.3% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
2 Days3 Days+31.0%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Carnation, WA

Homes for sale in Carnation, WA have reached 11. Between April 2022 and May 2022, Carnation, WA real estate market has seen decrease in the number of listings by 15.4%. While the average time on the market in May 2022 was 3 days, the median list price was $835,000. Between April 2022 and May 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices increased by 0%, prices of 2 bedrooms properties increased by 5.6%, prices of 3 bedrooms properties went up by 7.7%, the cost of 4 bedrooms properties went up by 28.9%, prices of 5 bedrooms properties increased by 29.6%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went down by 100%, volume of 3 bedrooms homes stayed the same, the quantity of 4 bedrooms homes have not changed, 5 bedrooms homes inventory decreased by 33.3%. Over 5 listings were sold over their listed price in May 2022 in Carnation, WA. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price.

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