Is Eastgate, 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, Eastgate has remained a Seller's Market.
Housing Prices in Eastgate, WA
How much do homes in Eastgate, WA cost?
Median Sold Price
$1,353,500
$616/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Eastgate was $1,353,500 in April 2024, up 8.3% from last year, and the median price per square foot was $616.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $340K | $420K | +23.5% |
2 Bedrooms | $700K | $713.7K | +2.0% |
3 Bedrooms | $1.0M | $995K | -4.8% |
4 Bedrooms | $1.3M | $1.5M | +18.5% |
5+ Bedrooms | $2.9M | $2.9M | +2.5% |
Summary: Eastgate housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.5%, 2 bedroom homes increased by 2%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 2.5%.
Housing Supply in Eastgate, WA
How many homes are available in Eastgate, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 33 | +3.1% |
Summary: The Eastgate real estate market had 33 homes for sale in April 2024, a 3.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The Eastgate housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 14 | -6.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Eastgate in April 2024, down by 6.7% month-over-month. Of the 14 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.
Days on Market for Eastgate, WA
How long does it take to sell a home in Eastgate, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 20 Days | -25.0% |
Summary: Homes in Eastgate had an average of 20 days on market in Apr 2024, down by 25% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Eastgate; 71% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.