Your Local Market Report

Medina, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Medina, WA

Fri Nov 22 2019
This week the median list price for Medina, WA is $5,409,400 with the market action index hovering around 30. This is an increase over last month's market action index of 26. Inventory has held steady at or around 18. Click here to stay informed with the Medina market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. While still a Buyer’s market, prices seem to have already started to respond. If the trend continues, expect prices to keep marching upward.

Medina, WA

Fri Nov 22 2019
This week the median list price for Medina, WA is $5,409,400 with the market action index hovering around 30. This is an increase over last month's market action index of 26. Inventory has held steady at or around 18. Click here to stay informed with the Medina market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. While still a Buyer’s market, prices seem to have already started to respond. If the trend continues, expect prices to keep marching upward.

Real-Time Market Profile

Never miss important changes in the Medina market.
Median List Price $5,409,400
Per Square Foot $1,071
Days on Market 151
Price Decreased 44%
Price Increased 0%
Relisted 11%
Inventory 18
Median Rent $8,500
Most Expensive $25,500,000
Least Expensive $2,200,000
Market Action 30
Slight Seller's Advantage

In a market where prices are rising mildly, price per square foot is essentially flat. This often implies that new homes coming on the market are pricier, and also larger than older homes. As a result the value one can buy stays the same.

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
$18,950,000 7,885 1 - 2.5 acres 4 4 27 0 0 231
$7,794,000 6,921 0.5 - 1 acre 6 6 2 0 0 297
$4,600,000 5,310 0.25 - 0.5 acre 5 5 11 0 0 89
$2,400,000 3,180 0.5 - 1 acre 3 3 51 1 2 30