Is Tehaleh, 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, Tehaleh has remained a Seller's Market.
Key Takeaway
Tehaleh is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tehaleh, WA
How much do homes in Tehaleh, WA cost?
Median Sold Price
$713,925
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Tehaleh have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Tehaleh was $713,925 in April 2024, up 8.2% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $605K | N/A |
| 2 Bedrooms | $699.9K | $649.9K | -7.1% |
| 3 Bedrooms | $588.9K | $595.7K | +1.2% |
| 4 Bedrooms | $735.5K | $748.7K | +1.8% |
| 5+ Bedrooms | $759K | $785.7K | +3.5% |
Summary: Tehaleh 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 7.1%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Cedar Run | $619.9K | $711.9K | +14.8% |
| Triology at Tehaleh | $620K | $700K | +12.9% |
| Inspiration Ridge | $720K | $802.4K | +11.5% |
| Tehaleh | $660K | $713.9K | +8.2% |
Housing Supply in Tehaleh, WA
How many homes are available in Tehaleh, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 60 | 61 | +1.7% |
Summary: The Tehaleh real estate market had 61 homes for sale in April 2024, a 1.7% 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 | 16 | 16 | 0.0% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Tehaleh 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 22 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tehaleh, expect to pay close to the asking price. 72.7% of homes here sold near the asking price last month.
Summary: A total of 22 homes were sold or pending in Tehaleh in April 2024, up by 100.0% month-over-month. Of the 22 sold homes, 18% were sold under asking, 73% were sold at asking, and 9% were sold over asking.
Days on Market for Tehaleh, WA
How long does it take to sell a home in Tehaleh, WA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 58 Days | 39 Days | -32.8% |
Summary: Homes in Tehaleh had an average of 39 days on market in Apr 2024, down by 32.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tehaleh are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 22 homes were sold in Tehaleh; 64% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 14% 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.