Is East Ferry, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Ferry is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, East Ferry has remained a Seller's Market.

Key Takeaway

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

Housing Prices in East Ferry, WA

How much do homes in East Ferry, WA cost?

Median Sold Price

$245,000

-

Based on all homes sold in June 2024.

Difference Since Last Month

-$125,950(-34.0%)

Key Takeaway

Homes in East Ferry have sold for 34% less than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 --
N/A
2 -$245K
N/A
3 $249.9K-
N/A
4 $492K-
N/A
5+ --
N/A

Summary: East Ferry housing prices by bedroom type for June 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in East Ferry, WA

How many homes are available in East Ferry, WA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
53-40.0%

Summary: The East Ferry real estate market had 3 homes for sale in June 2024, a 40.0% decrease compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 33
0.0%
3 10
-100.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The East Ferry 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 remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Ferry, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in East Ferry in June 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for East Ferry, WA

How long does it take to sell a home in East Ferry, WA?

Average Sale Time

May 2024Jun 2024CHANGE
20 Days6 Days-70.7%

Summary: Homes in East Ferry had an average of 6 days on market in Jun 2024, down by 70.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 East Ferry are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 1 homes were sold in East Ferry; 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.

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

Report Updated 26 Days Ago

Newest Listings in East Ferry, WA

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