Is Northeast Kittitas, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Northeast Kittitas was a Buyer'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
$614,412
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Northeast Kittitas have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in Northeast Kittitas was $614,412 in April 2024, up 8.7% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $650K | N/A |
| 2 Bedrooms | $352.4K | $615K | +74.5% |
| 3 Bedrooms | $552K | $605K | +9.6% |
| 4 Bedrooms | $602K | $600K | -0.3% |
| 5+ Bedrooms | $592.4K | $718.5K | +21.3% |
Summary: Northeast Kittitas 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 74.5%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 21.3%.
Median Sold Price Compared To Nearby Cities
| Malaga | $550K | $613K | +11.5% |
| Northeast Kittitas | $565K | $614.4K | +8.7% |
| Ellensburg | $445K | $471.4K | +5.9% |
| Peshastin | $699.5K | $461K | -34.1% |
Housing Supply in Northeast Kittitas, WA
How many homes are available in Northeast Kittitas, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 34 | 41 | +20.6% |
Summary: The Northeast Kittitas real estate market had 41 homes for sale in April 2024, a 20.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 15 | 18 | +20.0% |
| 4 Bedrooms | 12 | 15 | +25.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Northeast Kittitas housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Northeast Kittitas, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Northeast Kittitas in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 29% were sold under asking, 57% were sold at asking, and 14% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 73 Days | 75 Days | +3.4% |
Summary: Homes in Northeast Kittitas had an average of 75 days on market in Apr 2024, up by 3.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northeast Kittitas are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in Northeast Kittitas; 57% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 29% 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.