Is Mid-Beacon Hill, 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, Mid-Beacon Hill has remained a Seller's Market.
Housing Prices in Mid-Beacon Hill, WA
How much do homes in Mid-Beacon Hill, WA cost?
Median Sold Price
$728,900
$423/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Mid-Beacon Hill was $728,900 in April 2024, down 2.7% from last year, and the median price per square foot was $423.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $470.4K | - | N/A |
2 Bedrooms | $645.9K | $625K | -3.2% |
3 Bedrooms | $730K | $728.7K | -0.2% |
4 Bedrooms | $850K | $799.9K | -5.9% |
5+ Bedrooms | $900K | $904.5K | 0.5% |
Summary: Mid-Beacon 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 decreased by 3.2%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 0.5%.
Housing Supply in Mid-Beacon Hill, WA
How many homes are available in Mid-Beacon Hill, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 31 | +24.0% |
Summary: The Mid-Beacon Hill real estate market had 31 homes for sale in April 2024, a 24.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 8 | +100.0% |
3 Bedrooms | 10 | 13 | +30.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Mid-Beacon 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 increased by 100%, 3 bedroom homes increased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Mid-Beacon Hill in April 2024, up by 14.3% month-over-month. Of the 8 sold homes, 13% were sold under asking, 13% were sold at asking, and 75% were sold over asking.
Days on Market for Mid-Beacon Hill, WA
How long does it take to sell a home in Mid-Beacon Hill, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 8 Days | -79.2% |
Summary: Homes in Mid-Beacon Hill had an average of 8 days on market in Apr 2024, down by 79.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Mid-Beacon 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.