Is 98252, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 98252 has remained a Seller's Market.
Housing Prices in 98252, WA
How much do homes in 98252, WA cost?
Median Sold Price
$525,000
$353/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98252 was $525,000 in April 2024, down 0.5% from last year, and the median price per square foot was $353.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $362.5K | $398.5K | +9.9% |
2 Bedrooms | $417.5K | $450K | +7.8% |
3 Bedrooms | $500K | $510K | +2.0% |
4 Bedrooms | $565K | $605K | +7.1% |
5+ Bedrooms | $644.9K | $650K | +0.8% |
Summary: 98252 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.9%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 0.8%.
Housing Supply in 98252, WA
How many homes are available in 98252, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
39 | 36 | -7.7% |
Summary: The 98252 real estate market had 36 homes for sale in April 2024, a 7.7% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 15 | 20 | +33.3% |
4 Bedrooms | 11 | 7 | -36.4% |
5+ Bedrooms | 5 | 2 | -60.0% |
Summary: The 98252 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes decreased by 60%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 18 | +28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in 98252 in April 2024, up by 28.6% month-over-month. Of the 18 sold homes, 22% were sold under asking, 33% were sold at asking, and 44% were sold over asking.
Days on Market for 98252, WA
How long does it take to sell a home in 98252, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
7 Days | 29 Days | +297.2% |
Summary: Homes in 98252 had an average of 29 days on market in Apr 2024, up by 297.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 18 homes were sold in 98252; 72% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.