Is Northeast Kittitas, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Northeast Kittitas has remained a Seller's Market.
Key Takeaway
Northeast Kittitas is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northeast Kittitas, WA
How much do homes in Northeast Kittitas, WA cost?
Median Sold Price
$600,450
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Northeast Kittitas have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Northeast Kittitas was $600,450 in June 2024, up 1.8% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $650K | N/A |
| 2 Bedrooms | $420K | $615K | +46.4% |
| 3 Bedrooms | $564.5K | $614.9K | +8.9% |
| 4 Bedrooms | $609.4K | $579.9K | -4.8% |
| 5+ Bedrooms | $637.2K | $678.5K | +6.5% |
Summary: Northeast Kittitas housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.4%, 3 bedroom homes increased by 8.9%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 6.5%.
Median Sold Price Compared To Nearby Cities
| Malaga | $542.5K | $610K | +12.4% |
| Northeast Kittitas | $590K | $600.4K | +1.8% |
| Ellensburg | $477.5K | $455.4K | -4.6% |
Housing Supply in Northeast Kittitas, WA
How many homes are available in Northeast Kittitas, WA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 73 | 70 | -4.1% |
Summary: The Northeast Kittitas real estate market had 70 homes for sale in June 2024, a 4.1% decrease compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 38 | 32 | -15.8% |
| 4 Bedrooms | 26 | 27 | +3.8% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Northeast Kittitas housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 12 | 24 | +100.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northeast Kittitas, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 24 homes were sold or pending in Northeast Kittitas in June 2024, up by 100.0% month-over-month. Of the 24 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.
Days on Market for Northeast Kittitas, WA
How long does it take to sell a home in Northeast Kittitas, WA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 55 Days | 37 Days | -33.7% |
Summary: Homes in Northeast Kittitas had an average of 37 days on market in Jun 2024, down by 33.7% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Northeast Kittitas are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 24 homes were sold in Northeast Kittitas; 63% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.