Altos Market Data for Realtors

Mill Creek, WA

Single-Family Homes

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Mill Creek, WA

Sat May 28 2022
This week the median list price for Mill Creek, WA is $1,299,990 with the market action index hovering around 94. This is an increase over last month's market action index of 91. Inventory has increased to 17. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Mill Creek, WA

Sat May 28 2022
This week the median list price for Mill Creek, WA is $1,299,990 with the market action index hovering around 94. This is an increase over last month's market action index of 91. Inventory has increased to 17. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Mill Creek market.
Median List Price $1,299,990
Median Price of New Listings $1,199,950
Per Square Foot $495
Average Days on Market 10
Median Days on Market 7
Price Decreased 35%
Price Increased 0%
Relisted 6%
Inventory 17
Median Rent
Market Action 94
Strong Seller's Market

The market seems to have paused around this plateau. This week prices eased down a bit.Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

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
$1,770,000 3,538 0.25 - 0.5 acre 4 4 24 1 1 17
$1,420,000 3,028 8,000 - 10,000 sqft 4 3 27 2 0 3
$1,224,975 2,431 6,500 - 8,000 sqft 3 3 26 3 2 3
$999,950 1,937 8,000 - 10,000 sqft 3 3 35 3 1 7