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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Finn Hill is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Finn Hill, WA

How much do homes in Finn Hill, WA cost?

Median Sold Price

$1,282,500

$592/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$107,500(+9.1%)

Key Takeaway

Homes in Finn Hill have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Finn Hill was $1,282,500 in April 2024, up 9.1% from last year, and the median price per square foot was $592.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $385.1K$340K
-11.7%
2 $437.5K$502K
+14.7%
3 $1.0M$1.0M
+3.4%
4 $1.2M$1.4M
+14.4%
5+ $1.7M$1.6M
-2.6%

Summary: Finn Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.7%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 14.4%, and 5+ bedroom homes decreased by 2.6%.

Housing Supply in Finn Hill, WA

How many homes are available in Finn Hill, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6665-1.5%

Summary: The Finn Hill real estate market had 65 homes for sale in April 2024, a 1.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 12
+100.0%
2 78
+14.3%
3 2222
0.0%
4 2425
+4.2%
5+ 128
-33.3%

Summary: The Finn Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
27270.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Finn Hill, you could pay more than the asking price. 59.3% of homes here sold above asking price last month.

Summary: A total of 27 homes were sold or pending in Finn Hill in April 2024, the same as the previous month. Of the 27 sold homes, 11% were sold under asking, 30% were sold at asking, and 59% were sold over asking.

Days on Market for Finn Hill, WA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
30 Days4 Days-85.1%

Summary: Homes in Finn Hill had an average of 4 days on market in Apr 2024, down by 85.1% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 27 homes were sold in Finn Hill; 100% of homes were sold within 30 days, 0% 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 2 Days Ago

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