Is Evergreen Hill, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Evergreen Hill is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Evergreen Hill has remained a Seller's Market.

Key Takeaway

Evergreen Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Evergreen Hill, WA

How much do homes in Evergreen Hill, WA cost?

Median Sold Price

$958,000

$526/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$58,000(+6.4%)

Key Takeaway

Homes in Evergreen Hill have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Evergreen Hill was $958,000 in April 2024, up 6.4% from last year, and the median price per square foot was $526.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $335K$370K
+10.4%
2 $450K$550K
+22.2%
3 $915K$925K
+1.1%
4 $1.1M$1.1M
+4.4%
5+ $1.2M$1.3M
+10.2%

Summary: Evergreen Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.4%, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 10.2%.

Housing Supply in Evergreen Hill, WA

How many homes are available in Evergreen Hill, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4437-15.9%

Summary: The Evergreen Hill real estate market had 37 homes for sale in April 2024, a 15.9% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 74
-42.9%
2 58
+60.0%
3 1613
-18.8%
4 109
-10.0%
5+ 63
-50.0%

Summary: The Evergreen Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1921+10.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Evergreen Hill, you could pay more than the asking price. 76.2% of homes here sold above asking price last month.

Summary: A total of 21 homes were sold or pending in Evergreen Hill in April 2024, up by 10.5% month-over-month. Of the 21 sold homes, 19% were sold under asking, 5% were sold at asking, and 76% were sold over asking.

Days on Market for Evergreen Hill, WA

How long does it take to sell a home in Evergreen Hill, WA?

Average Sale Time

Apr 2023Apr 2024CHANGE
13 Days6 Days-56.4%

Summary: Homes in Evergreen Hill had an average of 6 days on market in Apr 2024, down by 56.4% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 21 homes were sold in Evergreen Hill; 95% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 7 Days Ago

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