Is Enumclaw, 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 has remained a Seller's Market.
Key Takeaway
Enumclaw is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Enumclaw, WA
How much do homes in Enumclaw, WA cost?
Median Sold Price
$685,000
$348/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Enumclaw have sold for 20.2% more than they did a year ago.
Summary: The median home sold price in Enumclaw was $685,000 in May 2024, up 20.2% from last year, and the median price per square foot was $348.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $352.5K | $445K | +26.2% |
| 2 Bedrooms | $417K | $525K | +25.9% |
| 3 Bedrooms | $539.9K | $654.9K | +21.3% |
| 4 Bedrooms | $699.9K | $750K | +7.2% |
| 5+ Bedrooms | $700K | $750K | +7.1% |
Summary: Enumclaw housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.2%, 2 bedroom homes increased by 25.9%, 3 bedroom homes increased by 21.3%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 7.1%.
Median Sold Price Compared To Nearby Cities
| Enumclaw | $570K | $685K | +20.2% |
| Enumclaw Plateau | $699.5K | $708.3K | +1.3% |
Housing Supply in Enumclaw, WA
How many homes are available in Enumclaw, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 74 | 67 | -9.5% |
Summary: The Enumclaw real estate market had 67 homes for sale in May 2024, a 9.5% 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 | 8 | 5 | -37.5% |
| 3 Bedrooms | 40 | 37 | -7.5% |
| 4 Bedrooms | 20 | 17 | -15.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Enumclaw 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 decreased by 37.5%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 29 | 20 | -31.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Enumclaw, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 20 homes were sold or pending in Enumclaw in May 2024, down by 31.0% month-over-month. Of the 20 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for Enumclaw, WA
How long does it take to sell a home in Enumclaw, WA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 47 Days | 12 Days | -73.7% |
Summary: Homes in Enumclaw had an average of 12 days on market in May 2024, down by 73.7% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Enumclaw are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 20 homes were sold in Enumclaw; 95% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 0% 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.