Is West Hazel Dell, 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, West Hazel Dell has remained a Seller's Market.
Housing Prices in West Hazel Dell, WA
How much do homes in West Hazel Dell, WA cost?
Median Sold Price
$519,000
$287/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in West Hazel Dell was $519,000 in May 2024, up 7.9% from last year, and the median price per square foot was $287.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $320.2K | N/A |
2 Bedrooms | $240K | $400.2K | +66.8% |
3 Bedrooms | $445K | $490.1K | +10.1% |
4 Bedrooms | $550K | $579.5K | +5.4% |
5+ Bedrooms | $587.5K | $599.9K | +2.1% |
Summary: West Hazel Dell housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 66.8%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 2.1%.
Housing Supply in West Hazel Dell, WA
How many homes are available in West Hazel Dell, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 42 | -2.3% |
Summary: The West Hazel Dell real estate market had 42 homes for sale in May 2024, a 2.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 27 | 24 | -11.1% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The West Hazel Dell housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 9 | -30.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in West Hazel Dell in May 2024, down by 30.8% month-over-month. Of the 9 sold homes, 22% were sold under asking, 0% were sold at asking, and 78% were sold over asking.
Days on Market for West Hazel Dell, WA
How long does it take to sell a home in West Hazel Dell, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
6 Days | 19 Days | +199.1% |
Summary: Homes in West Hazel Dell had an average of 19 days on market in May 2024, up by 199.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in West Hazel Dell; 89% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.