Medina Home Sales – 98039 zip code (Inventory, Sales, Days-On Market, Sold)
Note: This information is updated monthly.
Inventory is the number of active (“For Sale”) properties. When the number of active properties is higher than the number of closed sales buyers have the upper hand. When there is more supply than demand, prices tend to fall.
Conversely, when there are only few active listings because a large number of homes have sold, the seller has the advantage. When demand outstrips supply, prices usually rise.
Another indicator of a sellers’ market are the days of supply of properties. That is the time it would take to deplete the supply if no new homes were coming on the market (no new homes listed for sale).
The three-year graphs for Medina home sales (98039) show that we currently are in a sellers’ market with few homes on the market and prices rising.
Scroll down for links to other zip codes.
Three-Year Inventory and Sales – single family homes, all prices
Trace along the top of the bars to see the number of the currently active listings (yellow) and closed sales (blue) and the year-over-year change.
To see the data, trace and touch any bar. Click on the legend to hide a set of bars.
Average Days On Market* – single family homes, all prices
*From listing date to pending sale (contract)
Trace along the graph to see the number of days homes are on the market and the comparison to the prior year.
Average Sold Price – single family homes, all prices
Trace along the graph to see the average price and the comparison to the prior year.
Bellevue Area Market Trends
Pricing, Preparing & Presenting Your Home for Sale
The home owners who entrust Gerhard with their listings know from experience that his “Three P” method works. The usual results are listings that get the attention of potential buyers, get offers and sell quickly at or above list price.
If you need more detailed information on Medina home sales, such as home prices in your neighborhood, don’t hesitate to contact me.