Is Woodinville, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Woodinville has remained a Seller's Market.
Housing Prices in Woodinville, WA
How much do homes in Woodinville, WA cost?
Median Sold Price
$1,278,333
$505/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Woodinville was $1,278,333 in March 2024, up 17.8% from last year, and the median price per square foot was $505.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $310K | +12.7% |
2 Bedrooms | $397.5K | $450K | +13.2% |
3 Bedrooms | $925K | $1.0M | +16.2% |
4 Bedrooms | $1.4M | $1.5M | +6.5% |
5+ Bedrooms | $1.7M | $1.6M | -4.6% |
Summary: Woodinville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.7%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 16.2%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 4.6%.
Median Sold Price Compared To Nearby Cities
Woodinville | $1.0M | $1.2M | +17.8% |
Bothell | $974K | $1.0M | +4.9% |
Seattle East | $1.1M | $1.1M | +4.0% |
Maltby | $1.1M | $1.1M | +2.6% |
Housing Supply in Woodinville, WA
How many homes are available in Woodinville, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
81 | 113 | +39.5% |
Summary: The Woodinville real estate market had 113 homes for sale in March 2024, a 39.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 5 | +25.0% |
2 Bedrooms | 4 | 5 | +25.0% |
3 Bedrooms | 24 | 35 | +45.8% |
4 Bedrooms | 42 | 56 | +33.3% |
5+ Bedrooms | 7 | 12 | +71.4% |
Summary: The Woodinville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 45.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 71.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
29 | 37 | +27.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Woodinville in March 2024, up by 27.6% month-over-month. Of the 37 sold homes, 22% were sold under asking, 22% were sold at asking, and 57% were sold over asking.
Days on Market for Woodinville, WA
How long does it take to sell a home in Woodinville, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 19 Days | -55.0% |
Summary: Homes in Woodinville had an average of 19 days on market in Mar 2024, down by 55% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 37 homes were sold in Woodinville; 78% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.