Is West Side Highway, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Side Highway is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, West Side Highway was a Buyer's Market.

Key Takeaway

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

Housing Prices in West Side Highway, WA

How much do homes in West Side Highway, WA cost?

Median Sold Price

$391,450

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$8,550(-2.1%)

Key Takeaway

Homes in West Side Highway have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in West Side Highway was $391,450 in April 2024, down 2.1% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $125K$240K
+92.0%
2 $299.9K$183.5K
-38.8%
3 $395K$370K
-6.3%
4 $429.9K$460K
+7.0%
5+ $460K-
N/A

Summary: West Side Highway housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 92%, 2 bedroom homes decreased by 38.8%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 7%, and 5+ bedroom homes did not change.

Housing Supply in West Side Highway, WA

How many homes are available in West Side Highway, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2623-11.5%

Summary: The West Side Highway real estate market had 23 homes for sale in April 2024, a 11.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 1412
-14.3%
4 129
-25.0%
5+ 00
0.0%

Summary: The West Side Highway 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 decreased by 14.3%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Side Highway, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.

Summary: A total of 7 homes were sold or pending in West Side Highway in April 2024, down by 30.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.

Days on Market for West Side Highway, WA

How long does it take to sell a home in West Side Highway, WA?

Average Sale Time

Apr 2023Apr 2024CHANGE
114 Days66 Days-42.1%

Summary: Homes in West Side Highway had an average of 66 days on market in Apr 2024, down by 42.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 7 homes were sold in West Side Highway; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

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

Report Updated 12 Days Ago

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