LPT Weekly Market Insights

Black Diamond, WA

Single-Family Homes

Laura Papritz | Managing Broker | REAL Broker, LLC



Black Diamond, WA

Thu Jul 03 2025
This week the median list price for Black Diamond, WA is $875,000 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has held steady at or around 56. Click here to stay informed with the Black Diamond market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Black Diamond, WA

Thu Jul 03 2025
This week the median list price for Black Diamond, WA is $875,000 with the market action index hovering around 33. This is less than last month's market action index of 34. Inventory has held steady at or around 56. Click here to stay informed with the Black Diamond market!

Market Action Index

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

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Black Diamond market.
Median List Price $875,000
Median Price of New Listings $875,000
Per Square Foot $330
Average Days on Market 66
Median Days on Market 60
Price Decreased 50%
Price Increased 5%
Relisted 7%
Inventory 56
Median Rent
Market Action 33
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,324,970 3,790 6,500 - 8,000 sqft 5 3.5 4 1 0 59
$947,500 3,186 4,500 - 6,500 sqft 4 2.8 4 3 1 77
$819,972 2,552 4,500 - 6,500 sqft 4 2.5 4 2 0 42
$678,500 1,709 0 - 4,500 sqft 2 2.3 5 1 4 59