Is South Indian Trail, 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, South Indian Trail has remained a Seller's Market.
Housing Prices in South Indian Trail, WA
How much do homes in South Indian Trail, WA cost?
Median Sold Price
$422,500
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Indian Trail was $422,500 in April 2024, down 1.6% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $285K | $240K | -15.8% |
3 Bedrooms | $440K | $455K | +3.4% |
4 Bedrooms | $430.5K | $425K | -1.3% |
5+ Bedrooms | $457.5K | $415K | -9.3% |
Summary: South Indian Trail 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 decreased by 15.8%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 9.3%.
Housing Supply in South Indian Trail, WA
How many homes are available in South Indian Trail, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 18 | +50.0% |
Summary: The South Indian Trail real estate market had 18 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 1 | 4 | +300.0% |
4 Bedrooms | 9 | 8 | -11.1% |
5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The South Indian Trail 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 increased by 100%, 3 bedroom homes increased by 300%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 4 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in South Indian Trail in April 2024, the same as the previous month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for South Indian Trail, WA
How long does it take to sell a home in South Indian Trail, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 28 Days | -18.6% |
Summary: Homes in South Indian Trail had an average of 28 days on market in Apr 2024, down by 18.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in South Indian Trail; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.