Is Enumclaw Plateau, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Enumclaw Plateau is a seller's market

Buyer's
Market

Difference Since November 2021

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.

How much do homes in Enumclaw Plateau, WA cost?

Median Sold Price

$712,733

$347/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$87,823(+14.1%)

Key Takeaway

Homes in Enumclaw Plateau have sold for 14.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $362.5K$496.2K
+36.9%
2 $422K$454.5K
+7.7%
3 $550.1K$645K
+17.2%
4 $696.8K$820K
+17.7%
5+ $780K$900K
+15.4%

Median Sold Price Compared To Nearby Cities

Enumclaw
+19.0%
Maple Valley
+14.3%
Enumclaw Plateau
+14.1%
Black Diamond
+13.4%
Buckley
+12.9%

How many homes are available in Enumclaw Plateau, WA?

Number of Homes For Sale

Oct 2022Nov 2022%
267226-15.4%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 23
+50.0%
2 1821
+16.7%
3 10581
-22.9%
4 112101
-9.8%
5+ 3020
-33.3%

Number of Homes Sold

Oct 2022Nov 2022%
8359-28.9%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Enumclaw Plateau, you may be able to get a good deal. 50.8% of homes here sold below asking price last month.

Average Sale Time

Nov 2021Nov 2022%
19 Days34 Days+71.6%

Breakdown of Home Sale Times

32 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Enumclaw Plateau are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Enumclaw Plateau, WA

Enumclaw Plateau, WA has 226 homes for sale to choose from. The inventory of homes for sale in Enumclaw Plateau, WA between October 2022 and November 2022 decreased by 15.4%. While the average time on the market in November 2022 was 34 days, the median list price was $712,733. Listing prices have changed in this real estate market between October 2022 and November 2022: the cost of 1 bedroom properties went up by 36.9%, 2 bedrooms properties prices increased by 7.7%, prices of 3 bedrooms properties increased by 17.2%, 4 bedrooms properties prices increased by 17.7%, the cost of 5 bedrooms properties went up by 15.4%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes went up by 50%, 2 bedrooms homes became 16.7% more available, the quantity of 3 bedrooms homes went down by 22.9%, volume of 4 bedrooms homes went down by 9.8%, the quantity of 5 bedrooms homes went down by 33.3%. In November 2022 more than 11 listings in Enumclaw Plateau, WA were sold above the asking price. During the same period more than 18 listings were sold at asking price, while more than 30 were sold below.

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