Is Queen Anne, 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, Queen Anne has remained a Seller's Market.
Housing Prices in Queen Anne, WA
How much do homes in Queen Anne, WA cost?
Median Sold Price
$937,666
$630/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Queen Anne was $937,666 in May 2024, up 2.4% from last year, and the median price per square foot was $630.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $400K | $394.5K | -1.4% |
2 Bedrooms | $719K | $735.5K | +2.3% |
3 Bedrooms | $1.2M | $1.2M | -1.6% |
4 Bedrooms | $1.5M | $1.6M | +4.4% |
5+ Bedrooms | $1.8M | $1.8M | -2.1% |
Summary: Queen Anne housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.4%, 2 bedroom homes increased by 2.3%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes decreased by 2.1%.
Median Sold Price Compared To Nearby Neighborhoods
West Queen Anne | $1.0M | $1.1M | +12.8% |
Queen Anne | $915.5K | $937.6K | +2.4% |
Housing Supply in Queen Anne, WA
How many homes are available in Queen Anne, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
199 | 233 | +17.1% |
Summary: The Queen Anne real estate market had 233 homes for sale in May 2024, a 17.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 46 | 59 | +28.3% |
2 Bedrooms | 65 | 79 | +21.5% |
3 Bedrooms | 42 | 50 | +19.0% |
4 Bedrooms | 30 | 30 | 0.0% |
5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The Queen Anne housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.3%, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 19%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
45 | 63 | +40.0% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
27 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 63 homes were sold or pending in Queen Anne in May 2024, up by 40.0% month-over-month. Of the 63 sold homes, 38% were sold under asking, 43% were sold at asking, and 19% were sold over asking.
Days on Market for Queen Anne, WA
How long does it take to sell a home in Queen Anne, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
29 Days | 24 Days | -17.1% |
Summary: Homes in Queen Anne had an average of 24 days on market in May 2024, down by 17.1% compared to last year.
Breakdown of Home Sale Times
51 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 63 homes were sold in Queen Anne; 81% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.