Is Yarrow Point, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yarrow Point is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Yarrow Point has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Yarrow Point, WA

How much do homes in Yarrow Point, WA cost?

Median Sold Price

$2,600,000

$600/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$1,040,000(-28.6%)

Key Takeaway

Homes in Yarrow Point have sold for 28.6% less than they did a month ago.

Summary: The median home sold price in Yarrow Point was $2,600,000 in March 2024, down 28.6% from last month, and the median price per square foot was $600.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 --
N/A
4 $3.6M$2.6M
-28.6%
5+ --
N/A

Summary: Yarrow Point housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes did not change.

Housing Supply in Yarrow Point, WA

How many homes are available in Yarrow Point, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
65-16.7%

Summary: The Yarrow Point real estate market had 5 homes for sale in March 2024, a 16.7% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 00
0.0%
4 53
-40.0%
5+ 11
0.0%

Summary: The Yarrow Point housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yarrow Point, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Yarrow Point in March 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Yarrow Point, WA

How long does it take to sell a home in Yarrow Point, WA?

Average Sale Time

Feb 2024Mar 2024CHANGE
19 Days127 Days+568.4%

Summary: Homes in Yarrow Point had an average of 127 days on market in Mar 2024, up by 568.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Yarrow Point are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 1 homes were sold in Yarrow Point; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 18 Days Ago

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