Your Local Market Report

Medina, WA

Single-Family Homes

SeattlebyDesign Team, Realogics Sotheby's I.R.



Medina, WA

Sun Aug 18 2019
This week the median list price for Medina, WA is $3,800,000 with the market action index hovering around 26. This is less than last month's market action index of 28. Inventory has held steady at or around 25. 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 has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Medina, WA

Sun Aug 18 2019
This week the median list price for Medina, WA is $3,800,000 with the market action index hovering around 26. This is less than last month's market action index of 28. Inventory has held steady at or around 25. 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 has been consistently cool for several weeks. Demand level are low relative to the available inventory. It's a Buyer's market and prices continue to fall. Look for a persistent shift in Market Action before prices plateau or begin to rise again.

Real-Time Market Profile

Never miss important changes in the Medina market.
Median List Price $3,800,000
Per Square Foot $1,039
Days on Market 141
Price Decreased 44%
Price Increased 4%
Relisted 28%
Inventory 25
Median House Rent
Most Expensive $28,500,000
Least Expensive $1,688,888
Market Action Index
Slight Buyer's Advantage
26

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
$18,250,000 8,060 1 - 2.5 acres 5 6 23 0 0 225
$5,843,000 5,650 0.5 - 1 acre 5 6 4 0 1 140
$3,378,444 2,590 0.25 - 0.5 acre 4 2 16 1 0 52
$2,488,000 3,320 0.25 - 0.5 acre 4 2 57 0 0 147