Is Lawton Park, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lawton Park has remained a Seller's Market.
Housing Prices in Lawton Park, WA
How much do homes in Lawton Park, WA cost?
Median Sold Price
$925,000
$561/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lawton Park was $925,000 in April 2024, down 4.9% from last year, and the median price per square foot was $561.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $379K | $382.5K | +0.9% |
2 Bedrooms | $629.7K | $719K | +14.2% |
3 Bedrooms | $980K | $963.5K | -1.7% |
4 Bedrooms | $1.6M | $1.3M | -18.4% |
5+ Bedrooms | $1.6M | $1.7M | +3.4% |
Summary: Lawton Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.9%, 2 bedroom homes increased by 14.2%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes increased by 3.4%.
Housing Supply in Lawton Park, WA
How many homes are available in Lawton Park, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 51 | +59.4% |
Summary: The Lawton Park real estate market had 51 homes for sale in April 2024, a 59.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 10 | 19 | +90.0% |
3 Bedrooms | 14 | 14 | 0.0% |
4 Bedrooms | 2 | 8 | +300.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Lawton Park 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 90%, 3 bedroom homes remained the same, 4 bedroom homes increased by 300%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Lawton Park in April 2024, up by 9.1% month-over-month. Of the 12 sold homes, 8% were sold under asking, 33% were sold at asking, and 58% were sold over asking.
Days on Market for Lawton Park, WA
How long does it take to sell a home in Lawton Park, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
11 Days | 10 Days | -10.1% |
Summary: Homes in Lawton Park had an average of 10 days on market in Apr 2024, down by 10.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Lawton Park; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.