Is Enumclaw Plateau, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2022
Since last year, Enumclaw Plateau has remained a Seller's Market.
Key Takeaway
Enumclaw Plateau is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices
How much do homes in Enumclaw Plateau, WA cost?
Median Sold Price
$705,847
$325/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2022
Key Takeaway
The sold price of homes in Enumclaw Plateau has remained the same since last year.
Summary: The median home sold price in Enumclaw Plateau was $705,847 in September 2023, down 0.2% from last year, and the median price per square foot was $325.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2022 | Sep 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $530K | $380K | -28.3% |
| 2 Bedrooms | $460K | $441.5K | -4.0% |
| 3 Bedrooms | $630.9K | $629.9K | -0.2% |
| 4 Bedrooms | $800.6K | $760K | -5.1% |
| 5+ Bedrooms | $899.9K | $909.9K | +1.1% |
Summary: Enumclaw Plateau housing prices by bedroom type for September 2023 compared to the previous year: The home price of 1 bedroom homes decreased by 28.3%, 2 bedroom homes decreased by 4%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 1.1%.
Median Sold Price Compared To Nearby Cities
| Enumclaw | $547.5K | $609.9K | +11.4% |
| Buckley | $525K | $581.2K | +10.7% |
| Black Diamond | $752K | $827.4K | +10.0% |
| Enumclaw Plateau | $707.3K | $705.8K | -0.2% |
| Maple Valley | $802.9K | $732.8K | -8.7% |
Housing Supply
How many homes are available in Enumclaw Plateau, WA?
Number of Homes For Sale
| Aug 2023 | Sep 2023 | CHANGE |
|---|---|---|
| 273 | 246 | -9.9% |
Summary: The Enumclaw Plateau real estate market had 246 homes for sale in September 2023, a 9.9% decrease compared to August 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Sep 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 0 | -100.0% |
| 2 Bedrooms | 13 | 19 | +46.2% |
| 3 Bedrooms | 106 | 98 | -7.5% |
| 4 Bedrooms | 103 | 92 | -10.7% |
| 5+ Bedrooms | 48 | 37 | -22.9% |
Summary: The Enumclaw Plateau housing inventory by bedroom type for September 2023 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 46.2%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 10.7%, and 5+ bedroom homes decreased by 22.9%.
Number of Homes Sold
| Aug 2023 | Sep 2023 | CHANGE |
|---|---|---|
| 82 | 60 | -26.8% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Enumclaw Plateau, you could pay more than the asking price. 35% of homes here sold above asking price last month.
Summary: A total of 60 homes were sold or pending in Enumclaw Plateau in September 2023, down by 26.8% month-over-month. Of the 60 sold homes, 33% were sold under asking, 32% were sold at asking, and 35% were sold over asking.
Days on Market
How long does it take to sell a home in Enumclaw Plateau, WA?
Average Sale Time
| Sep 2022 | Sep 2023 | CHANGE |
|---|---|---|
| 39 Days | 34 Days | -12.5% |
Summary: Homes in Enumclaw Plateau had an average of 34 days on market in Sep 2023, down by 12.5% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Enumclaw Plateau are selling fast, if you're buying plan to act quickly.
Summary: During September 2023, 60 homes were sold in Enumclaw Plateau; 72% of homes were sold within 30 days, 20% 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 © 2023 Northwest MLS. All rights reserved.