Is Jovita Heights, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Jovita Heights is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Jovita Heights was a Neutral Market.

Key Takeaway

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

Housing Prices in Jovita Heights, WA

How much do homes in Jovita Heights, WA cost?

Median Sold Price

$607,500

$410/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$122,500(+25.3%)

Key Takeaway

Homes in Jovita Heights have sold for 25.3% more than they did a month ago.

Summary: The median home sold price in Jovita Heights was $607,500 in April 2024, up 25.3% from last month, and the median price per square foot was $410.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $485K-
N/A
3 -$607.5K
N/A
4 --
N/A
5+ --
N/A

Summary: Jovita Heights 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 Jovita Heights, WA

How many homes are available in Jovita Heights, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
69+50.0%

Summary: The Jovita Heights real estate market had 9 homes for sale in April 2024, a 50.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 35
+66.7%
4 24
+100.0%
5+ 00
0.0%

Summary: The Jovita Heights 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 decreased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Jovita Heights, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Jovita Heights in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Jovita Heights, WA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
4 Days6 Days+50.0%

Summary: Homes in Jovita Heights had an average of 6 days on market in Apr 2024, up by 50% 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 Jovita Heights are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Jovita Heights; 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 22 Days Ago

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