Is Delridge, 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, Delridge has remained a Seller's Market.
Housing Prices in Delridge, WA
How much do homes in Delridge, WA cost?
Median Sold Price
$650,400
$478/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Delridge was $650,400 in April 2024, down 3.5% from last year, and the median price per square foot was $478.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $405K | $348.9K | -13.8% |
2 Bedrooms | $579K | $589.9K | +1.9% |
3 Bedrooms | $699.9K | $714.2K | +2.0% |
4 Bedrooms | $807K | $836.5K | +3.7% |
5+ Bedrooms | $965.5K | $887K | -8.1% |
Summary: Delridge housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.8%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 8.1%.
Median Sold Price Compared To Nearby Neighborhoods
High Point | $699K | $675K | -3.4% |
Delridge | $673.9K | $650.4K | -3.5% |
Homecroft | $769K | $710K | -7.7% |
Riverview | $720.7K | $640K | -11.2% |
Housing Supply in Delridge, WA
How many homes are available in Delridge, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
108 | 135 | +25.0% |
Summary: The Delridge real estate market had 135 homes for sale in April 2024, a 25.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 49 | 53 | +8.2% |
3 Bedrooms | 39 | 46 | +17.9% |
4 Bedrooms | 14 | 23 | +64.3% |
5+ Bedrooms | 4 | 11 | +175.0% |
Summary: The Delridge 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 increased by 8.2%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 64.3%, and 5+ bedroom homes increased by 175%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 45 | +4.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in Delridge in April 2024, up by 4.7% month-over-month. Of the 45 sold homes, 24% were sold under asking, 29% were sold at asking, and 47% were sold over asking.
Days on Market for Delridge, WA
How long does it take to sell a home in Delridge, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 18 Days | +11.3% |
Summary: Homes in Delridge had an average of 18 days on market in Apr 2024, up by 11.3% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 45 homes were sold in Delridge; 84% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.