Is Carnation, 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, 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.
Housing Prices in Carnation, WA
How much do homes in Carnation, WA cost?
Median Sold Price
$995,000
$436/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Carnation have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Carnation was $995,000 in March 2024, up 9.1% from last year, and the median price per square foot was $436.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $640K | $490K | -23.4% |
| 3 Bedrooms | $750K | $937.5K | +25.0% |
| 4 Bedrooms | $1.1M | $1.0M | -4.4% |
| 5+ Bedrooms | $1.2M | $1.1M | -6.0% |
Summary: Carnation 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 23.4%, 3 bedroom homes increased by 25%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 6%.
Median Sold Price Compared To Nearby Cities
| Carnation | $912K | $995K | +9.1% |
| Seattle East | $1.1M | $1.1M | +4.0% |
| Snoqualmie Valley | $1.0M | $940.3K | -8.4% |
Housing Supply in Carnation, WA
How many homes are available in Carnation, WA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Summary: The Carnation real estate market had 22 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 11 | 7 | -36.4% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The Carnation 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 increased by 100%, 3 bedroom homes decreased by 36.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Carnation, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Carnation in March 2024, down by 36.4% month-over-month. Of the 7 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 54 Days | 109 Days | +102.1% |
Summary: Homes in Carnation had an average of 109 days on market in Mar 2024, up by 102.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Carnation are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 7 homes were sold in Carnation; 43% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 57% 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.