Is Granite Falls, 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, Granite Falls has remained a Seller's Market.
Housing Prices in Granite Falls, WA
How much do homes in Granite Falls, WA cost?
Median Sold Price
$524,950
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $252.5K | $347K | +37.4% |
2 Bedrooms | $248K | $440.7K | +77.7% |
3 Bedrooms | $500K | $510K | +2.0% |
4 Bedrooms | $550K | $619.5K | +12.6% |
5+ Bedrooms | $631K | $655K | +3.8% |
Summary: Granite Falls housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.4%, 2 bedroom homes increased by 77.7%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 3.8%.
Housing Supply in Granite Falls, WA
How many homes are available in Granite Falls, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
37 | 36 | -2.7% |
Summary: The Granite Falls real estate market had 36 homes for sale in May 2024, a 2.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 21 | 22 | +4.8% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 3 | 0 | -100.0% |
Summary: The Granite Falls 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 remained the same, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
20 | 9 | -55.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Granite Falls in May 2024, down by 55.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.
Days on Market for Granite Falls, WA
How long does it take to sell a home in Granite Falls, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
7 Days | 5 Days | -27.7% |
Summary: Homes in Granite Falls had an average of 5 days on market in May 2024, down by 27.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Granite Falls; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.