Altos Market Data for Realtors

Mill Creek, WA

Single-Family Homes

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Mill Creek, WA

Mon Jul 06 2020
This week the median list price for Mill Creek, WA is $767,475 with the market action index hovering around 70. This is an increase over last month's market action index of 64. Inventory has held steady at or around 16. Click here to stay informed with the Mill Creek market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Mill Creek, WA

Mon Jul 06 2020
This week the median list price for Mill Creek, WA is $767,475 with the market action index hovering around 70. This is an increase over last month's market action index of 64. Inventory has held steady at or around 16. Click here to stay informed with the Mill Creek market!

Market Action Index

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

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Mill Creek market.
Median List Price $767,475
Per Square Foot $285
Days on Market 31
Price Decreased 25%
Price Increased 6%
Relisted 6%
Inventory 16
Median Rent $2,365
Most Expensive $990,000
Least Expensive $368,000
Market Action 70
Strong Seller's Market

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
$949,450 3,464 8,000 - 10,000 sqft 4 3 27 1 3 61
$872,475 2,976 0.25 - 0.5 acre 4 2 20 2 1 14
$714,250 2,336 8,000 - 10,000 sqft 3 2 29 2 2 19
$549,975 1,948 0.25 - 0.5 acre 3 2 33 1 1 29