Is South Rose Hill, 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 Rose Hill has remained a Seller's Market.
Housing Prices in South Rose Hill, WA
How much do homes in South Rose Hill, WA cost?
Median Sold Price
$1,582,500
$728/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in South Rose Hill was $1,582,500 in April 2024, up 2.9% from last year, and the median price per square foot was $728.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $427.5K | - | N/A |
2 Bedrooms | $485K | $599.7K | +23.7% |
3 Bedrooms | $1.3M | $1.3M | -5.5% |
4 Bedrooms | $1.6M | $1.7M | +6.3% |
5+ Bedrooms | $2.4M | $2.4M | -1.6% |
Summary: South Rose Hill 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 23.7%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 1.6%.
Housing Supply in South Rose Hill, WA
How many homes are available in South Rose Hill, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 37 | +94.7% |
Summary: The South Rose Hill real estate market had 37 homes for sale in April 2024, a 94.7% 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 | 2 | 5 | +150.0% |
3 Bedrooms | 4 | 13 | +225.0% |
4 Bedrooms | 10 | 14 | +40.0% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The South Rose Hill 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 150%, 3 bedroom homes increased by 225%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 11 | +83.3% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in South Rose Hill in April 2024, up by 83.3% month-over-month. Of the 11 sold homes, 45% were sold under asking, 36% were sold at asking, and 18% were sold over asking.
Days on Market for South Rose Hill, WA
How long does it take to sell a home in South Rose Hill, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
23 Days | 8 Days | -63.4% |
Summary: Homes in South Rose Hill had an average of 8 days on market in Apr 2024, down by 63.4% compared to last year.
Breakdown of Home Sale Times
9 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, 11 homes were sold in South Rose Hill; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.