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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Woodinville is a seller's market

Buyer's
Market

Difference Since April 2022

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

Key Takeaway

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

How much do homes in Woodinville, WA cost?

Median Sold Price

$1,108,500

$518/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2022

+$111,500(+11.2%)

Key Takeaway

Homes in Woodinville have sold for 11.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2022Apr 2023%
1 $292K$275K
-5.8%
2 $403K$415K
+3.0%
3 $949.5K$920K
-3.1%
4 $1.2M$1.4M
+20.2%
5+ $1.5M$1.7M
+14.7%

Median Sold Price Compared To Nearby Cities

Maltby
+11.9%
Woodinville
+11.2%
Seattle East
+2.3%
Bothell
+1.0%

How many homes are available in Woodinville, WA?

Number of Homes For Sale

Mar 2023Apr 2023%
108111+2.8%

Homes For Sale By Bedroom Count

# BEDSMar 2023Apr 2023%
1 12
+100.0%
2 1110
-9.1%
3 3836
-5.3%
4 4649
+6.5%
5+ 1214
+16.7%

Number of Homes Sold

Mar 2023Apr 2023%
3627-25.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Woodinville, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Average Sale Time

Apr 2022Apr 2023%
3 Days27 Days+627.9%

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Woodinville 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 Woodinville, WA

There are 111 homes are for sale in Woodinville, WA real estate market. The number of listings in Woodinville, WA increased by 2.8% between March 2023 and April 2023. The median list price of listings available in April 2023 was $1,108,500, while the average time on the real estate market was 27 days. From March 2023 through April 2023, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties decreased by 5.8%, the cost of 2 bedrooms properties went up by 3%, 3 bedrooms properties became 3.1% more cheaper, the cost of 4 bedrooms properties went up by 20.2%, 5 bedrooms properties became 14.7% more expensive. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes increased by 100%, the quantity of 2 bedrooms homes went down by 9.1%, the quantity of 3 bedrooms homes went down by 5.3%, 4 bedrooms homes became 6.5% more available, 5 bedrooms homes inventory increased by 16.7%. Over 15 listings were sold over their listed price in April 2023 in Woodinville, WA. In the same period over 10 listings were sold below the listed price and 2 listings were sold for the listed price.

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