Is East Minnehaha, 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, East Minnehaha has remained a Seller's Market.
Housing Prices in East Minnehaha, WA
How much do homes in East Minnehaha, WA cost?
Median Sold Price
$444,500
$273/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Minnehaha was $444,500 in April 2024, up 2.2% from last year, and the median price per square foot was $273.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $113.5K | $135K | +18.9% |
2 Bedrooms | $381K | $407K | +6.8% |
3 Bedrooms | $425K | $431K | +1.4% |
4 Bedrooms | $510K | $520K | +2.0% |
5+ Bedrooms | $575K | $513.7K | -10.7% |
Summary: East Minnehaha housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.9%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 10.7%.
Housing Supply in East Minnehaha, WA
How many homes are available in East Minnehaha, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 23 | +130.0% |
Summary: The East Minnehaha real estate market had 23 homes for sale in April 2024, a 130.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 2 | +100.0% |
3 Bedrooms | 6 | 14 | +133.3% |
4 Bedrooms | 3 | 6 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The East Minnehaha 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 100%, 3 bedroom homes increased by 133.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 4 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in East Minnehaha in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for East Minnehaha, WA
How long does it take to sell a home in East Minnehaha, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 3 Days | -88.0% |
Summary: Homes in East Minnehaha had an average of 3 days on market in Apr 2024, down by 88% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in East Minnehaha; 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.