Is Old Evergreen Highway, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Old Evergreen Highway is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Old Evergreen Highway was a Buyer's Market.

Key Takeaway

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

Housing Prices in Old Evergreen Highway, WA

How much do homes in Old Evergreen Highway, WA cost?

Median Sold Price

$2,052,500

$413/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$1,288,000(+168.5%)

Key Takeaway

Homes in Old Evergreen Highway have sold for 168.5% more than they did a month ago.

Summary: The median home sold price in Old Evergreen Highway was $2,052,500 in May 2024, up 168.5% from last month, and the median price per square foot was $413.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $764.5K-
N/A
4 -$1.1M
N/A
5+ -$2.8M
N/A

Summary: Old Evergreen Highway housing prices by bedroom type for May 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 did not change, and 5+ bedroom homes did not change.

Housing Supply in Old Evergreen Highway, WA

How many homes are available in Old Evergreen Highway, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1519+26.7%

Summary: The Old Evergreen Highway real estate market had 19 homes for sale in May 2024, a 26.7% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 20
-100.0%
4 814
+75.0%
5+ 44
0.0%

Summary: The Old Evergreen Highway housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 100%, 4 bedroom homes increased by 75%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were 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 Old Evergreen Highway, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Old Evergreen Highway in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Old Evergreen Highway, WA

How long does it take to sell a home in Old Evergreen Highway, WA?

Average Sale Time

Apr 2024May 2024CHANGE
56 Days117 Days+108.4%

Summary: Homes in Old Evergreen Highway had an average of 117 days on market in May 2024, up by 108.4% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Old Evergreen Highway are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 4 homes were sold in Old Evergreen Highway; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 2 Days Ago

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