Is Northeast Hazel Dell, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast Hazel Dell is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Northeast Hazel Dell has remained a Seller's Market.

Key Takeaway

Northeast Hazel Dell is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Northeast Hazel Dell, WA

How much do homes in Northeast Hazel Dell, WA cost?

Median Sold Price

$479,497

$262/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$3,997(+0.8%)

Key Takeaway

Homes in Northeast Hazel Dell have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Northeast Hazel Dell was $479,497 in May 2024, up 0.8% from last year, and the median price per square foot was $262.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 $263.4K$300K
+13.9%
3 $453.5K$457.4K
+0.9%
4 $507.5K$530.4K
+4.5%
5+ $601.2K$655K
+8.9%

Summary: Northeast 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 13.9%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes increased by 8.9%.

Housing Supply in Northeast Hazel Dell, WA

How many homes are available in Northeast Hazel Dell, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
51510.0%

Summary: The Northeast Hazel Dell real estate market had 51 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 109
-10.0%
3 2328
+21.7%
4 1613
-18.8%
5+ 21
-50.0%

Summary: The Northeast Hazel Dell 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 10%, 3 bedroom homes increased by 21.7%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE
159-40.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northeast Hazel Dell, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.

Summary: A total of 9 homes were sold or pending in Northeast Hazel Dell in May 2024, down by 40.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 44% were sold at asking, and 33% were sold over asking.

Days on Market for Northeast Hazel Dell, WA

How long does it take to sell a home in Northeast Hazel Dell, WA?

Average Sale Time

May 2023May 2024CHANGE
42 Days15 Days-64.6%

Summary: Homes in Northeast Hazel Dell had an average of 15 days on market in May 2024, down by 64.6% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Northeast Hazel Dell are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 9 homes were sold in Northeast Hazel Dell; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

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