Is Maywood / Beckstrom Hill, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Maywood / Beckstrom Hill is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Maywood / Beckstrom Hill has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Maywood / Beckstrom Hill, WA

How much do homes in Maywood / Beckstrom Hill, WA cost?

Median Sold Price

$1,180,000

$532/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$180,000(+18.0%)

Key Takeaway

Homes in Maywood / Beckstrom Hill have sold for 18% more than they did a year ago.

Summary: The median home sold price in Maywood / Beckstrom Hill was $1,180,000 in April 2024, up 18% from last year, and the median price per square foot was $532.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $700K-
N/A
2 $455K$772.5K
+69.8%
3 $900K$918.5K
+2.1%
4 $1.0M$1.2M
+16.3%
5+ $1.7M$1.3M
-19.9%

Summary: Maywood / Beckstrom Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 69.8%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes decreased by 19.9%.

Housing Supply in Maywood / Beckstrom Hill, WA

How many homes are available in Maywood / Beckstrom Hill, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1211-8.3%

Summary: The Maywood / Beckstrom Hill real estate market had 11 homes for sale in April 2024, a 8.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 41
-75.0%
4 68
+33.3%
5+ 22
0.0%

Summary: The Maywood / Beckstrom Hill 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 remained the same, 3 bedroom homes decreased by 75%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Maywood / Beckstrom Hill, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Maywood / Beckstrom Hill in April 2024, down by 14.3% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.

Days on Market for Maywood / Beckstrom Hill, WA

How long does it take to sell a home in Maywood / Beckstrom Hill, WA?

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days4 Days-83.2%

Summary: Homes in Maywood / Beckstrom Hill had an average of 4 days on market in Apr 2024, down by 83.2% compared to last year.

Breakdown of Home Sale Times

6 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 Maywood / Beckstrom Hill are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 6 homes were sold in Maywood / Beckstrom 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 5 Days Ago

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