Is North 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, North Hill has remained a Seller's Market.
Housing Prices in North Hill, WA
How much do homes in North Hill, WA cost?
Median Sold Price
$315,000
$189/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Hill was $315,000 in April 2024, down 1.8% from last year, and the median price per square foot was $189.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $236K | $192.5K | -18.4% |
2 Bedrooms | $271.2K | $277.9K | +2.5% |
3 Bedrooms | $325K | $319.9K | -1.6% |
4 Bedrooms | $360K | $335K | -6.9% |
5+ Bedrooms | $330K | $373K | +13.0% |
Summary: North Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.4%, 2 bedroom homes increased by 2.5%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 13%.
Housing Supply in North Hill, WA
How many homes are available in North Hill, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
41 | 47 | +14.6% |
Summary: The North Hill real estate market had 47 homes for sale in April 2024, a 14.6% 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 | 6 | -33.3% |
3 Bedrooms | 20 | 25 | +25.0% |
4 Bedrooms | 6 | 11 | +83.3% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The North 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 decreased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 14 | +75.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in North Hill in April 2024, up by 75.0% month-over-month. Of the 14 sold homes, 29% were sold under asking, 43% were sold at asking, and 29% were sold over asking.
Days on Market for North Hill, WA
How long does it take to sell a home in North Hill, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
9 Days | 38 Days | +309.4% |
Summary: Homes in North Hill had an average of 38 days on market in Apr 2024, up by 309.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in North Hill; 79% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.