Is Deer Park, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Deer Park was a Buyer's Market.
Housing Prices in Deer Park, WA
How much do homes in Deer Park, WA cost?
Median Sold Price
$457,789
$251/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Deer Park was $457,789 in March 2024, up 9% from last year, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $260K | N/A |
2 Bedrooms | $278K | $317.5K | +14.2% |
3 Bedrooms | $420K | $429.5K | +2.3% |
4 Bedrooms | $422K | $505.7K | +19.8% |
5+ Bedrooms | $482.8K | $529.9K | +9.8% |
Summary: Deer Park 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 increased by 14.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes increased by 9.8%.
Housing Supply in Deer Park, WA
How many homes are available in Deer Park, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 49 | +19.5% |
Summary: The Deer Park real estate market had 49 homes for sale in March 2024, a 19.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 22 | 27 | +22.7% |
4 Bedrooms | 14 | 13 | -7.1% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Deer Park 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 66.7%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 11 | +37.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Deer Park in March 2024, up by 37.5% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.
Days on Market for Deer Park, WA
How long does it take to sell a home in Deer Park, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
18 Days | 81 Days | +343.7% |
Summary: Homes in Deer Park had an average of 81 days on market in Mar 2024, up by 343.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 11 homes were sold in Deer Park; 27% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.