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 May 2021

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

$1,000,000

$516/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$215,000(+27.4%)

Key Takeaway

Homes in Woodinville have sold for 27.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $245K$295K
+20.4%
2 $367K$403K
+9.8%
3 $741K$950K
+28.2%
4 $960K$1.2M
+33.7%
5+ $1.1M$1.5M
+36.3%

Median Sold Price Compared To Nearby Cities

Maltby
+34.3%
Bothell
+29.7%
Woodinville
+27.4%
Seattle East
+25.2%

How many homes are available in Woodinville, WA?

Number of Homes For Sale

Apr 2022May 2022%
4149+19.5%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 00
0.0%
2 56
+20.0%
3 1718
+5.9%
4 1417
+21.4%
5+ 58
+60.0%

Number of Homes Sold

Apr 2022May 2022%
1420+42.9%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

14 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. 70% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
7 Days5 Days-27.6%

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 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

Number of homes for sale in Woodinville, WA real estate market have reached 49. The number of listings in Woodinville, WA increased by 19.5% between April 2022 and May 2022. The median list price of listings available in May 2022 was $1,000,000, while the average time on the real estate market was 5 days. This housing market listing prices have changed between April 2022 and May 2022: the cost of 1 bedroom properties went up by 20.4%, 2 bedrooms properties prices increased by 9.8%, 3 bedrooms properties became 28.2% more expensive, 4 bedrooms properties prices increased by 33.7%, the cost of 5 bedrooms properties went up by 36.3%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, number of 2 bedrooms homes increased by 20%, 3 bedrooms homes inventory increased by 5.9%, the quantity of 4 bedrooms homes went up by 21.4%, number of 5 bedrooms homes increased by 60%. While more than 14 listings in Woodinville, WA in May 2022 were sold above asking price, there were more than 4 listings sold at asking price, and more than 2 were sold below.

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