Is Sandy Point Heights, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sandy Point Heights is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Sandy Point Heights has remained a Seller's Market.

Key Takeaway

Sandy Point Heights is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sandy Point Heights, WA

How much do homes in Sandy Point Heights, WA cost?

Median Sold Price

$665,000

$284/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$283,500(+74.3%)

Key Takeaway

Homes in Sandy Point Heights have sold for 74.3% more than they did a month ago.

Summary: The median home sold price in Sandy Point Heights was $665,000 in March 2024, up 74.3% from last month, and the median price per square foot was $284.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $381.5K$665K
+74.3%
4 --
N/A
5+ --
N/A

Summary: Sandy Point Heights housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 74.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Sandy Point Heights, WA

How many homes are available in Sandy Point Heights, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
21-50.0%

Summary: The Sandy Point Heights real estate market had 1 homes for sale in March 2024, a 50.0% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Sandy Point Heights housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sandy Point Heights, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Sandy Point Heights in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Sandy Point Heights, WA

How long does it take to sell a home in Sandy Point Heights, WA?

Average Sale Time

Feb 2024Mar 2024CHANGE
48 Days128 Days+166.7%

Summary: Homes in Sandy Point Heights had an average of 128 days on market in Mar 2024, up by 166.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Sandy Point Heights are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Sandy Point Heights; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 30 Days Ago

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