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 May 2023

Since last year, 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

$420,000

$213/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$52,500(+14.3%)

Key Takeaway

Homes in East Ferry have sold for 14.3% more than they did a year ago.

Summary: The median home sold price in East Ferry was $420,000 in May 2024, up 14.3% from last year, and the median price per square foot was $213.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 -$242.5K
N/A
2 $350K$500K
+42.9%
3 $275K$352.4K
+28.1%
4 -$367K
N/A
5+ $1.0M-
N/A

Summary: East Ferry housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 28.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

East Ferry
+14.3%
Curlew
+13.1%
Kettle Falls
+2.9%

Housing Supply in East Ferry, WA

How many homes are available in East Ferry, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
34+33.3%

Summary: The East Ferry real estate market had 4 homes for sale in May 2024, a 33.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 11
0.0%
4 11
0.0%
5+ 00
0.0%

Summary: The East Ferry housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was 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. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in East Ferry in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% 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 2023May 2024CHANGE
219 Days20 Days-90.7%

Summary: Homes in East Ferry had an average of 20 days on market in May 2024, down by 90.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 May 2024, 2 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 23 Days Ago

Newest Listings in East Ferry, WA

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