Is East, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, East was a Seller's Market.
Housing Prices in East, WA
How much do homes in East, WA cost?
Median Sold Price
$752,060
$655/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East was $752,060 in April 2024, up 4.3% from last year, and the median price per square foot was $655.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $416.5K | $405.7K | -2.6% |
2 Bedrooms | $725K | $699.9K | -3.5% |
3 Bedrooms | $1.3M | $1.2M | -4.2% |
4 Bedrooms | $1.8M | $2.0M | +6.3% |
5+ Bedrooms | $3.3M | $2.9M | -13.4% |
Summary: East housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 13.4%.
Median Sold Price Compared To Nearby Neighborhoods
Stevens | $1.0M | $1.0M | +7.5% |
East | $721.3K | $752K | +4.3% |
Capitol Hill | $1.8M | $1.8M | +0.7% |
Housing Supply in East, WA
How many homes are available in East, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
198 | 252 | +27.3% |
Summary: The East real estate market had 252 homes for sale in April 2024, a 27.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 75 | 95 | +26.7% |
2 Bedrooms | 58 | 83 | +43.1% |
3 Bedrooms | 34 | 35 | +2.9% |
4 Bedrooms | 17 | 22 | +29.4% |
5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The East housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 26.7%, 2 bedroom homes increased by 43.1%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 40 | -33.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 40 homes were sold or pending in East in April 2024, down by 33.3% month-over-month. Of the 40 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for East, WA
How long does it take to sell a home in East, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 29 Days | -12.0% |
Summary: Homes in East had an average of 29 days on market in Apr 2024, down by 12% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 40 homes were sold in East; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.