Is Vashon, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vashon is a seller's market

Buyer's
Market

Difference Since July 2021

Since last year, Vashon has remained a Seller's Market.

Key Takeaway

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

How much do homes in Vashon, WA cost?

Median Sold Price

$870,000

$511/sqft

Based on all homes sold in the last 12 months.

Difference Since July 2021

+$70,500(+8.8%)

Key Takeaway

Homes in Vashon have sold for 8.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJul 2021Jul 2022%
1 $589.5K$533K
-9.6%
2 $640K$715K
+11.7%
3 $910K$937.5K
+3.0%
4 $925K$1.1M
+21.6%
5+ $890K$1.2M
+43.5%

Median Sold Price Compared To Nearby Cities

Vashon Island
+8.9%
Vashon
+8.8%

How many homes are available in Vashon, WA?

Number of Homes For Sale

Jun 2022Jul 2022%
4344+2.3%

Homes For Sale By Bedroom Count

# BEDSJun 2022Jul 2022%
1 25
+150.0%
2 106
-40.0%
3 2020
0.0%
4 911
+22.2%
5+ 22
0.0%

Number of Homes Sold

Jun 2022Jul 2022%
1812-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vashon, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Average Sale Time

Jul 2021Jul 2022%
10 Days13 Days+25.9%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Vashon are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Vashon, WA

Vashon, WA has 44 homes on the market. The inventory of homes for sale in Vashon, WA between June 2022 and July 2022 increased by 2.3%. In July 2022, listings were on the market for 13 days. During the same period, the median list price in this real estate market was $870,000. From June 2022 through July 2022, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went down by 9.6%, 2 bedrooms properties prices increased by 11.7%, 3 bedrooms properties prices increased by 3%, prices of 4 bedrooms properties increased by 21.6%, prices of 5 bedrooms properties went up by 43.5%. Volume of homes for sale changed: 1 bedroom homes became 150% more available, number of 2 bedrooms homes decreased by 40%, number of 3 bedrooms homes remained the same, 4 bedrooms homes inventory increased by 22.2%, the quantity of 5 bedrooms homes have not changed. Over 7 listings were sold over their listed price in July 2022 in Vashon, WA. In the same period over 2 listings were sold below the listed price and 3 listings were sold for the listed price.

Related Housing Market Reports

Popular Cities with Homes for Sale in Washington