Is Queen Anne, 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, Queen Anne has remained a Seller's Market.
Key Takeaway
Queen Anne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Queen Anne, WA
How much do homes in Queen Anne, WA cost?
Median Sold Price
$918,715
$631/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Queen Anne have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in Queen Anne was $918,715 in April 2024, up 1.8% from last year, and the median price per square foot was $631.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $402.5K | $400.2K | -0.6% |
| 2 Bedrooms | $712K | $690K | -3.1% |
| 3 Bedrooms | $1.2M | $1.3M | +3.0% |
| 4 Bedrooms | $1.5M | $1.6M | +3.9% |
| 5+ Bedrooms | $1.9M | $1.9M | +2.6% |
Summary: Queen Anne housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 2.6%.
Median Sold Price Compared To Nearby Neighborhoods
| West Queen Anne | $1.0M | $1.1M | +13.7% |
| Queen Anne | $902.3K | $918.7K | +1.8% |
Housing Supply in Queen Anne, WA
How many homes are available in Queen Anne, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 160 | 221 | +38.1% |
Summary: The Queen Anne real estate market had 221 homes for sale in April 2024, a 38.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 37 | 53 | +43.2% |
| 2 Bedrooms | 49 | 76 | +55.1% |
| 3 Bedrooms | 40 | 45 | +12.5% |
| 4 Bedrooms | 17 | 30 | +76.5% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The Queen Anne housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 43.2%, 2 bedroom homes increased by 55.1%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 76.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 41 | 42 | +2.4% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Queen Anne, you could pay more than the asking price. 35.7% of homes here sold above asking price last month.
Summary: A total of 42 homes were sold or pending in Queen Anne in April 2024, up by 2.4% month-over-month. Of the 42 sold homes, 31% were sold under asking, 33% were sold at asking, and 36% were sold over asking.
Days on Market for Queen Anne, WA
How long does it take to sell a home in Queen Anne, WA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 45 Days | 35 Days | -22.0% |
Summary: Homes in Queen Anne had an average of 35 days on market in Apr 2024, down by 22% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Queen Anne are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 42 homes were sold in Queen Anne; 74% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 17% 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.