Is Woodinville, 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, Woodinville has remained a Seller's Market.
Housing Prices in Woodinville, WA
How much do homes in Woodinville, WA cost?
Median Sold Price
$1,317,875
$515/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Woodinville was $1,317,875 in May 2024, up 14.6% from last year, and the median price per square foot was $515.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $288.5K | $315K | +9.2% |
2 Bedrooms | $415K | $450K | +8.4% |
3 Bedrooms | $938K | $1.0M | +15.7% |
4 Bedrooms | $1.4M | $1.6M | +10.1% |
5+ Bedrooms | $1.7M | $1.7M | +4.5% |
Summary: Woodinville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.2%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 4.5%.
Median Sold Price Compared To Nearby Cities
Woodinville | $1.1M | $1.3M | +14.6% |
Seattle East | $1.0M | $1.2M | +12.2% |
Bothell | $949.3K | $1.0M | +12.0% |
Maltby | $1.0M | $1.1M | +6.3% |
Housing Supply in Woodinville, WA
How many homes are available in Woodinville, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
135 | 142 | +5.2% |
Summary: The Woodinville real estate market had 142 homes for sale in May 2024, a 5.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 7 | 6 | -14.3% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 42 | 44 | +4.8% |
4 Bedrooms | 61 | 67 | +9.8% |
5+ Bedrooms | 17 | 16 | -5.9% |
Summary: The Woodinville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 5.9%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
61 | 55 | -9.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Summary: A total of 55 homes were sold or pending in Woodinville in May 2024, down by 9.8% month-over-month. Of the 55 sold homes, 15% were sold under asking, 29% were sold at asking, and 56% were sold over asking.
Days on Market for Woodinville, WA
How long does it take to sell a home in Woodinville, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
11 Days | 10 Days | -7.8% |
Summary: Homes in Woodinville had an average of 10 days on market in May 2024, down by 7.8% compared to last year.
Breakdown of Home Sale Times
52 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 55 homes were sold in Woodinville; 95% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.