Is Paradise Lakes Country Club, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Paradise Lakes Country Club is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Paradise Lakes Country Club has remained a Seller's Market.

Key Takeaway

Paradise Lakes Country Club is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Paradise Lakes Country Club, WA

How much do homes in Paradise Lakes Country Club, WA cost?

Median Sold Price

$332,800

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$27,800(+9.1%)

Key Takeaway

Homes in Paradise Lakes Country Club have sold for 9.1% more than they did a year ago.

Summary: The median home sold price in Paradise Lakes Country Club was $332,800 in April 2024, up 9.1% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $243.5K$175K
-28.1%
2 $191.2K$283.5K
+48.2%
3 $379K$380K
0.3%
4 $289K$340K
+17.6%
5+ --
N/A

Summary: Paradise Lakes Country Club housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.1%, 2 bedroom homes increased by 48.2%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes did not change.

Housing Supply in Paradise Lakes Country Club, WA

How many homes are available in Paradise Lakes Country Club, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1415+7.1%

Summary: The Paradise Lakes Country Club real estate market had 15 homes for sale in April 2024, a 7.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 109
-10.0%
4 14
+300.0%
5+ 00
0.0%

Summary: The Paradise Lakes Country Club 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 decreased by 10%, 4 bedroom homes increased by 300%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Paradise Lakes Country Club, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Paradise Lakes Country Club in April 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Paradise Lakes Country Club, WA

How long does it take to sell a home in Paradise Lakes Country Club, WA?

Average Sale Time

Apr 2023Apr 2024CHANGE
58 Days66 Days+14.0%

Summary: Homes in Paradise Lakes Country Club had an average of 66 days on market in Apr 2024, up by 14% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Paradise Lakes Country Club are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Paradise Lakes Country Club; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 1 Day Ago

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