Your Local Market Report

Medina, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Medina, WA

Fri Feb 28 2020
This week the median list price for Medina, WA is $5,049,400 with the market action index hovering around 24. This is less than last month's market action index of 29. 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 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

Fri Feb 28 2020
This week the median list price for Medina, WA is $5,049,400 with the market action index hovering around 24. This is less than last month's market action index of 29. 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 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 $5,049,400
Per Square Foot $1,023
Days on Market 163
Price Decreased 22%
Price Increased 6%
Relisted 6%
Inventory 18
Median Rent $1,800
Most Expensive $25,500,000
Least Expensive $1,550,000
Market Action 24
Slight Buyer's Advantage

Despite this week’s down tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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 5 20 1 0 281
$7,225,000 6,002 0.5 - 1 acre 5 5 19 0 2 199
$4,600,000 5,232 0.25 - 0.5 acre 5 5 12 1 0 107
$2,388,000 2,480 0.5 - 1 acre 4 2 65 2 0 95