Is Enumclaw Plateau, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Enumclaw Plateau has remained a Seller's Market.
Key Takeaway
Enumclaw Plateau is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Enumclaw Plateau, WA
How much do homes in Enumclaw Plateau, WA cost?
Median Sold Price
$708,343
$339/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Enumclaw Plateau have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Enumclaw Plateau was $708,343 in May 2024, up 1.3% from last year, and the median price per square foot was $339.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $405K | $397.7K | -1.8% |
| 2 Bedrooms | $425K | $604.4K | +42.2% |
| 3 Bedrooms | $625K | $653.9K | +4.6% |
| 4 Bedrooms | $759.9K | $785K | +3.3% |
| 5+ Bedrooms | $870K | $920K | +5.7% |
Summary: Enumclaw Plateau housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 42.2%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Cities
| Enumclaw | $570K | $685K | +20.2% |
| Buckley | $560K | $614.9K | +9.8% |
| Black Diamond | $799.4K | $848.8K | +6.2% |
| Maple Valley | $740.3K | $759.2K | +2.6% |
| Enumclaw Plateau | $699.5K | $708.3K | +1.3% |
Housing Supply in Enumclaw Plateau, WA
How many homes are available in Enumclaw Plateau, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 244 | 285 | +16.8% |
Summary: The Enumclaw Plateau real estate market had 285 homes for sale in May 2024, a 16.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 29 | 28 | -3.4% |
| 3 Bedrooms | 97 | 125 | +28.9% |
| 4 Bedrooms | 83 | 95 | +14.5% |
| 5+ Bedrooms | 30 | 32 | +6.7% |
Summary: The Enumclaw Plateau 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 decreased by 3.4%, 3 bedroom homes increased by 28.9%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 80 | 74 | -7.5% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
38 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Enumclaw Plateau, you could pay more than the asking price. 51.4% of homes here sold above asking price last month.
Summary: A total of 74 homes were sold or pending in Enumclaw Plateau in May 2024, down by 7.5% month-over-month. Of the 74 sold homes, 19% were sold under asking, 30% were sold at asking, and 51% were sold over asking.
Days on Market for Enumclaw Plateau, WA
How long does it take to sell a home in Enumclaw Plateau, WA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 27 Days | 18 Days | -31.1% |
Summary: Homes in Enumclaw Plateau had an average of 18 days on market in May 2024, down by 31.1% compared to last year.
Breakdown of Home Sale Times
64 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Enumclaw Plateau are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 74 homes were sold in Enumclaw Plateau; 86% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.