Is Carnation, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Carnation was a Seller's Market.
Key Takeaway
Carnation is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Carnation, WA
How much do homes in Carnation, WA cost?
Median Sold Price
$1,011,296
$442/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Carnation have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Carnation was $1,011,296 in June 2024, up 11.1% from last year, and the median price per square foot was $442.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $527.5K | $592.5K | +12.3% |
| 3 Bedrooms | $792.5K | $992.5K | +25.2% |
| 4 Bedrooms | $999K | $1.1M | +15.1% |
| 5+ Bedrooms | $1.2M | $1.1M | -8.8% |
Summary: Carnation housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.3%, 3 bedroom homes increased by 25.2%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 8.8%.
Median Sold Price Compared To Nearby Cities
| Seattle East | $1.0M | $1.2M | +13.9% |
| Carnation | $910K | $1.0M | +11.1% |
| Snoqualmie Valley | $949K | $950.2K | 0.1% |
Housing Supply in Carnation, WA
How many homes are available in Carnation, WA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 28 | 39 | +39.3% |
Summary: The Carnation real estate market had 39 homes for sale in June 2024, a 39.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 8 | 11 | +37.5% |
| 4 Bedrooms | 13 | 22 | +69.2% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Carnation housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 37.5%, 4 bedroom homes increased by 69.2%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 7 | 6 | -14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Carnation, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Carnation in June 2024, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Carnation, WA
How long does it take to sell a home in Carnation, WA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 22 Days | 7 Days | -65.8% |
Summary: Homes in Carnation had an average of 7 days on market in Jun 2024, down by 65.8% compared to last year.
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
Key Takeaway
Many homes in Carnation are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 6 homes were sold in Carnation; 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.
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.