Is Northeast Hazel Dell, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast Hazel Dell is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Northeast Hazel Dell has remained a Seller's Market.

Key Takeaway

Northeast Hazel Dell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Northeast Hazel Dell, WA

How much do homes in Northeast Hazel Dell, WA cost?

Median Sold Price

$483,707

$263/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$23,707(+5.2%)

Key Takeaway

Homes in Northeast Hazel Dell have sold for 5.2% more than they did a year ago.

Summary: The median home sold price in Northeast Hazel Dell was $483,707 in April 2024, up 5.2% from last year, and the median price per square foot was $263.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $215K-
N/A
2 $263.4K$298.5K
+13.3%
3 $433.5K$468K
+8.0%
4 $515K$530.9K
+3.1%
5+ $601.2K$655K
+8.9%

Summary: Northeast Hazel Dell 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 13.3%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 8.9%.

Housing Supply in Northeast Hazel Dell, WA

How many homes are available in Northeast Hazel Dell, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4751+8.5%

Summary: The Northeast Hazel Dell real estate market had 51 homes for sale in April 2024, a 8.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 910
+11.1%
3 2323
0.0%
4 1416
+14.3%
5+ 12
+100.0%

Summary: The Northeast Hazel Dell 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 11.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
15150.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northeast Hazel Dell, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in Northeast Hazel Dell in April 2024, the same as the previous month. Of the 15 sold homes, 40% were sold under asking, 13% were sold at asking, and 47% were sold over asking.

Days on Market for Northeast Hazel Dell, WA

How long does it take to sell a home in Northeast Hazel Dell, WA?

Average Sale Time

Apr 2023Apr 2024CHANGE
32 Days22 Days-30.7%

Summary: Homes in Northeast Hazel Dell had an average of 22 days on market in Apr 2024, down by 30.7% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Northeast Hazel Dell are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 15 homes were sold in Northeast Hazel Dell; 67% of homes were sold within 30 days, 33% 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 8 Days Ago

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