Is Lake Morton / Berrydale, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lake Morton / Berrydale has remained a Seller's Market.
Housing Prices in Lake Morton / Berrydale, WA
How much do homes in Lake Morton / Berrydale, WA cost?
Median Sold Price
$700,000
$337/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lake Morton / Berrydale was $700,000 in April 2024, down 3.1% from last year, and the median price per square foot was $337.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $355.5K | N/A |
2 Bedrooms | $775K | $630K | -18.7% |
3 Bedrooms | $650K | $669.9K | +3.1% |
4 Bedrooms | $780K | $780K | 0.0% |
5+ Bedrooms | $940K | $847K | -9.9% |
Summary: Lake Morton / Berrydale housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.7%, 3 bedroom homes increased by 3.1%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 9.9%.
Housing Supply in Lake Morton / Berrydale, WA
How many homes are available in Lake Morton / Berrydale, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 27 | +3.8% |
Summary: The Lake Morton / Berrydale real estate market had 27 homes for sale in April 2024, a 3.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 13 | 14 | +7.7% |
4 Bedrooms | 11 | 10 | -9.1% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Lake Morton / Berrydale housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 12 | +33.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Lake Morton / Berrydale in April 2024, up by 33.3% month-over-month. Of the 12 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Lake Morton / Berrydale, WA
How long does it take to sell a home in Lake Morton / Berrydale, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 8 Days | -77.6% |
Summary: Homes in Lake Morton / Berrydale had an average of 8 days on market in Apr 2024, down by 77.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Lake Morton / Berrydale; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.