Is Sifton, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Sifton has remained a Seller's Market.
Housing Prices in Sifton, WA
How much do homes in Sifton, WA cost?
Median Sold Price
$457,000
$323/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sifton was $457,000 in May 2024, up 1.1% from last year, and the median price per square foot was $323.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | - | N/A |
2 Bedrooms | $420K | $600K | +42.9% |
3 Bedrooms | $432.5K | $439.9K | +1.7% |
4 Bedrooms | $505K | $514.6K | +1.9% |
5+ Bedrooms | $545K | $520K | -4.6% |
Summary: Sifton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.9%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 4.6%.
Housing Supply in Sifton, WA
How many homes are available in Sifton, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
55 | 53 | -3.6% |
Summary: The Sifton real estate market had 53 homes for sale in May 2024, a 3.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 38 | 35 | -7.9% |
4 Bedrooms | 12 | 12 | 0.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Sifton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 15 | +36.4% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Sifton in May 2024, up by 36.4% month-over-month. Of the 15 sold homes, 33% were sold under asking, 20% were sold at asking, and 47% were sold over asking.
Days on Market for Sifton, WA
How long does it take to sell a home in Sifton, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
59 Days | 12 Days | -79.7% |
Summary: Homes in Sifton had an average of 12 days on market in May 2024, down by 79.7% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in Sifton; 87% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.