Is Interbay, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Interbay is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Interbay has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Interbay, WA

How much do homes in Interbay, WA cost?

Median Sold Price

$377,000

$636/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$13,000(-3.3%)

Key Takeaway

Homes in Interbay have sold for 3.3% less than they did a month ago.

Summary: The median home sold price in Interbay was $377,000 in April 2024, down 3.3% from last month, and the median price per square foot was $636.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$377K
N/A
2 $390K-
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Interbay housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Interbay, WA

How many homes are available in Interbay, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
36+100.0%

Summary: The Interbay real estate market had 6 homes for sale in April 2024, a 100.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 12
+100.0%
3 02
+100.0%
4 00
0.0%
5+ 00
0.0%

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

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Interbay, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Interbay in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Interbay, WA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
172 Days12 Days-93.0%

Summary: Homes in Interbay had an average of 12 days on market in Apr 2024, down by 93% compared to last month.

Breakdown of Home Sale Times

2 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 Interbay are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Interbay; 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 4 Days Ago

Newest Listings in Interbay, WA

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