Your Local Market Report

Medina, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Medina, WA

Fri Sep 20 2019
This week the median list price for Medina, WA is $5,170,000 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has held steady at or around 29. 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 Sep 20 2019
This week the median list price for Medina, WA is $5,170,000 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has held steady at or around 29. 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 $5,170,000
Per Square Foot $1,039
Days on Market 115
Price Decreased 31%
Price Increased 0%
Relisted 24%
Inventory 29
Median House Rent $4,800
Most Expensive $28,500,000
Least Expensive $1,550,000
Market Action Index
Slight Buyer's Advantage
27

Despite this week’s up 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
$16,000,000 7,150 0.5 - 1 acre 5 5 23 1 0 191
$5,950,000 6,000 0.5 - 1 acre 5 6 4 0 0 152
$3,388,000 3,560 0.25 - 0.5 acre 4 3 19 0 2 66
$2,344,000 2,535 0.25 - 0.5 acre 4 2 63 1 0 59