Is North Admiral, 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, North Admiral has remained a Seller's Market.
Housing Prices in North Admiral, WA
How much do homes in North Admiral, WA cost?
Median Sold Price
$1,004,080
$562/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Admiral was $1,004,080 in April 2024, up 3.5% from last year, and the median price per square foot was $562.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $345K | $380K | +10.1% |
2 Bedrooms | $755K | $745K | -1.3% |
3 Bedrooms | $965K | $950K | -1.6% |
4 Bedrooms | $1.4M | $1.4M | +3.7% |
5+ Bedrooms | $1.4M | $1.5M | +4.3% |
Summary: North Admiral housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.1%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Neighborhoods
North Admiral | $970K | $1.0M | +3.5% |
Alki | $990K | $960K | -3.0% |
Housing Supply in North Admiral, WA
How many homes are available in North Admiral, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 54 | +8.0% |
Summary: The North Admiral real estate market had 54 homes for sale in April 2024, a 8.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 11 | +22.2% |
3 Bedrooms | 23 | 25 | +8.7% |
4 Bedrooms | 16 | 15 | -6.3% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The North Admiral 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 22.2%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 20 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in North Admiral in April 2024, up by 25.0% month-over-month. Of the 20 sold homes, 10% were sold under asking, 30% were sold at asking, and 60% were sold over asking.
Days on Market for North Admiral, WA
How long does it take to sell a home in North Admiral, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
17 Days | 22 Days | +29.8% |
Summary: Homes in North Admiral had an average of 22 days on market in Apr 2024, up by 29.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in North Admiral; 75% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.