Your Local Market Report

Medina, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Medina, WA

Mon Jul 22 2019
This week the median list price for Medina, WA is $5,288,800 with the market action index hovering around 28. This is less than last month's market action index of 31. Inventory has held steady at or around 23. Click here to stay informed with the Medina market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Medina, WA

Mon Jul 22 2019
This week the median list price for Medina, WA is $5,288,800 with the market action index hovering around 28. This is less than last month's market action index of 31. Inventory has held steady at or around 23. Click here to stay informed with the Medina market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Medina market.
Median List Price $5,288,800
Per Square Foot $1,097
Days on Market 109
Price Decreased 43%
Price Increased 4%
Relisted 30%
Inventory 23
Median House Rent
Most Expensive $28,500,000
Least Expensive $1,998,888
Market Action Index
Slight Buyer's Advantage
28

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$19,500,000 8,620 1 - 2.5 acres 5 6 23 0 0 151
$6,348,500 6,419 0.5 - 1 acre 5 5 4 0 0 166
$3,642,500 2,590 0.25 - 0.5 acre 4 2 15 0 0 65
$2,374,000 3,510 0.25 - 0.5 acre 4 2 49 1 0 60