Is Vashon, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Vashon has remained a Seller's Market.
Housing Prices in Vashon, WA
How much do homes in Vashon, WA cost?
Median Sold Price
$765,500
$467/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Vashon was $765,500 in June 2024, down 7.2% from last year, and the median price per square foot was $467.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $750K | $625K | -16.7% |
2 Bedrooms | $731K | $665K | -9.0% |
3 Bedrooms | $870K | $821K | -5.6% |
4 Bedrooms | $1.2M | $1.3M | +8.3% |
5+ Bedrooms | $1.6M | $505.1K | -69.4% |
Summary: Vashon housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 9%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 69.4%.
Median Sold Price Compared To Nearby Cities
Vashon | $825K | $765.5K | -7.2% |
Vashon Island | $825K | $763K | -7.5% |
Housing Supply in Vashon, WA
How many homes are available in Vashon, WA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
50 | 57 | +14.0% |
Summary: The Vashon real estate market had 57 homes for sale in June 2024, a 14.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 12 | 15 | +25.0% |
3 Bedrooms | 25 | 25 | 0.0% |
4 Bedrooms | 7 | 9 | +28.6% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Vashon housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
12 | 14 | +16.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Vashon in June 2024, up by 16.7% month-over-month. Of the 14 sold homes, 57% were sold under asking, 36% were sold at asking, and 7% were sold over asking.
Days on Market for Vashon, WA
How long does it take to sell a home in Vashon, WA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
18 Days | 31 Days | +68.0% |
Summary: Homes in Vashon had an average of 31 days on market in Jun 2024, up by 68% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 14 homes were sold in Vashon; 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.