Is Enumclaw, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Enumclaw has remained a Seller's Market.
Key Takeaway
Enumclaw is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Enumclaw, WA
How much do homes in Enumclaw, WA cost?
Median Sold Price
$680,000
$348/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Enumclaw have sold for 18.1% more than they did a year ago.
Summary: The median home sold price in Enumclaw was $680,000 in June 2024, up 18.1% from last year, and the median price per square foot was $348.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $352.5K | $445K | +26.2% |
| 2 Bedrooms | $437.5K | $547K | +25.0% |
| 3 Bedrooms | $559.5K | $658.9K | +17.8% |
| 4 Bedrooms | $700K | $749.4K | +7.1% |
| 5+ Bedrooms | $747K | $770K | +3.1% |
Summary: Enumclaw housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.2%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 17.8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Cities
| Enumclaw | $576K | $680K | +18.1% |
| Enumclaw Plateau | $699.9K | $707.9K | +1.1% |
Housing Supply in Enumclaw, WA
How many homes are available in Enumclaw, WA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 73 | 82 | +12.3% |
Summary: The Enumclaw real estate market had 82 homes for sale in June 2024, a 12.3% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 8 | 11 | +37.5% |
| 3 Bedrooms | 40 | 41 | +2.5% |
| 4 Bedrooms | 16 | 24 | +50.0% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The Enumclaw housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 37.5%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 23 | 26 | +13.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Enumclaw, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 26 homes were sold or pending in Enumclaw in June 2024, up by 13.0% month-over-month. Of the 26 sold homes, 19% were sold under asking, 35% were sold at asking, and 46% were sold over asking.
Days on Market for Enumclaw, WA
How long does it take to sell a home in Enumclaw, WA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 26 Days | 18 Days | -28.9% |
Summary: Homes in Enumclaw had an average of 18 days on market in Jun 2024, down by 28.9% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Enumclaw are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 26 homes were sold in Enumclaw; 88% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.