Market report, updated November 10, 2026

Lennar at Madrona Ridge Home Values and Market Report

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Report prepared by Homes77.com

(253) 209-4200

Market at a glance

Over the last 12 months, homes sold for 99.9% of list price in 35 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $474K Sold · $474K

$600K$540K$480K$420K

NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

2 N

0 D

1 J

7 F

4 M

7 A

9 M

4 J

7 J

7 A

2 S

6 O

Peak: 9 sales in May. Last month: 6.

Where the market stands

All homes in this report, by status.

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

1.4months of inventory

Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$454K

Under contract$486K

Sold$469K

Average days on market

Active22 days

Under contract57 days

Sold35 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale

Homes for sale 8

Average list price $454,075

Avg. days on market 22 days

Avg. price per ft² $277

Avg. living area 1,651 ft²

Avg. beds / baths 3.5 / 2.9

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 8 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

6 0–30 days

2 31–90

0 91–180

0 181–365

0 365+

Bedroom mix

Number of homes by bedroom count.

4 ≤3 bd

4 4 bd

0 5 bd

0 6 bd

0 7 bd

0 8+ bd

Highest price per ft²

Top 7 homes in this status.

2736 Wonderland Way$324

1624 Morning Star Way$292

1619 Morning Star Way$292

1612 Morning Star Way$285

1613 Morning Star Way$261

1619 Illusion Way$258

1606 Morning Star Way$255

All active listings

Click a column to sort

Address	Beds	Baths	Living ft²	List price	$ / ft²	Days on market
2736 Wonderland WayPort Townsend, WA 98368	3	2	1,232	$399,950	$324	4 days
1619 Illusion WayPort Townsend, WA 98368	4	3	1,877	$484,950	$258	7 days
1606 Morning Star WayPort Townsend, WA 98368	4	3	1,877	$479,950	$255	12 days
1612 Morning Star WayPort Townsend, WA 98368	3	3	1,490	$425,950	$285	23 days
1624 Morning Star WayPort Townsend, WA 98368	3	3	1,490	$435,950	$292	21 days
1619 Morning Star WayPort Townsend, WA 98368	3	3	1,490	$435,950	$292	21 days
1613 Morning Star WayPort Townsend, WA 98368	4	3	1,877	$489,950	$261	42 days
1618 Morning Star WayPort Townsend, WA 98368	4	3	1,877	$479,950	$255	49 days

Under contract homes

Pending and contingent sales

Homes under contract 7

Average list price $485,950

Avg. days on market 57 days

Avg. price per ft² $239

Avg. living area 2,047 ft²

Avg. beds / baths 3.4 / 3.1

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 7 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

Days on market before going under contract

Number of homes by days on market.

1 0–30 days

5 31–90

1 91–180

0 181–365

0 365+

Bedroom mix

Number of homes by bedroom count.

4 ≤3 bd

3 4 bd

0 5 bd

0 6 bd

0 7 bd

0 8+ bd

Highest price per ft²

Top 7 homes in this status.

1601 Illusion Way$265

1606 Illusion Way$261

1607 Morning Star Way$259

1607 Illusion Way$234

2730 Wonderland Way$234

1600 Illusion Way$232

2724 Wonderland Way$192

All under contract listings

Click a column to sort

Address	Beds	Baths	Living ft²	List price	$ / ft²	Days on market
1607 Morning Star WayPort Townsend, WA 98368	4	3	1,877	$487,950	$259	58 days
1600 Illusion WayPort Townsend, WA 98368	4	3	2,066	$479,950	$232	52 days
1607 Illusion WayPort Townsend, WA 98368	4	3	2,066	$484,950	$234	17 days
1606 Illusion WayPort Townsend, WA 98368	3	3	1,802	$470,950	$261	60 days
1601 Illusion WayPort Townsend, WA 98368	3	3	1,802	$477,950	$265	58 days
2730 Wonderland WayPort Townsend, WA 98368	3	4	2,222	$519,950	$234	43 days
2724 Wonderland WayPort Townsend, WA 98368	3	3	2,494	$479,950	$192	109 days

Sold homes

Closed in the last 12 months

Homes sold 57

Average sold price $468,829

Avg. days to sell 35 days

Sold vs. list price 99.9%

Avg. price per ft² $239

Avg. living area 1,974 ft²

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 57 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes took to sell

Number of homes by days on market.

34 0–30 days

19 31–90

4 91–180

0 181–365

0 365+

Bedroom mix

Number of homes by bedroom count.

41 ≤3 bd

16 4 bd

0 5 bd

0 6 bd

0 7 bd

0 8+ bd

Highest price per ft²

Top 7 homes in this status.

1613 Lorraine Way$301

2600 Wonderland Way$290

1624 Lorraine Way$270

2530 Wonderland Way$268

2612 Wonderland Way$268

1636 Pacifica Way$265

1631 Lorraine Way$265

Sold price vs. list price

How close homes sold to their asking price.

91% sold at or above asking

0 Under 95%

1 95–98%

4 98–100%

51 100–102%

1 Over 102%

All sold listings

Click a column to sort

Address	Beds	Baths	Living ft²	Sold price	Sold / list	$ / ft²	Days to sell
2718 Wonderland WayPort Townsend, WA 98368	3	3	2,494	$487,950	100.0%	$195	26 days
1642 Pacifica WayPort Townsend, WA 98368	4	3	2,066	$499,950	100.0%	$241	25 days
1637 Pacifica WayPort Townsend, WA 98368	3	3	1,802	$464,950	100.0%	$258	10 days
2712 Wonderland WayPort Townsend, WA 98368	3	4	2,222	$522,950	100.0%	$235	3 days
1643 Pacifica WayPort Townsend, WA 98368	4	3	2,066	$466,950	100.0%	$226	9 days
1630 Pacifica WayPort Townsend, WA 98368	3	3	1,802	$449,950	100.0%	$249	32 days
1636 Pacifica WayPort Townsend, WA 98368	3	3	1,656	$438,950	100.0%	$265	21 days
1625 Pacifica WayPort Townsend, WA 98368	4	3	2,066	$461,950	100.0%	$223	25 days
1631 Pacifica WayPort Townsend, WA 98368	3	3	1,656	$426,950	100.0%	$257	69 days
1624 Pacifica WayPort Townsend, WA 98368	4	3	2,066	$484,950	100.0%	$234	12 days

Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Call (253) 209-4200

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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