Is 98310, 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, 98310 has remained a Seller's Market.
Housing Prices in 98310, WA
How much do homes in 98310, WA cost?
Median Sold Price
$420,000
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98310 was $420,000 in April 2024, down 6.7% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $259K | +29.5% |
2 Bedrooms | $372.8K | $352K | -5.6% |
3 Bedrooms | $443.7K | $425K | -4.2% |
4 Bedrooms | $500K | $480K | -4.0% |
5+ Bedrooms | $551.8K | $500K | -9.4% |
Summary: 98310 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.5%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes decreased by 9.4%.
Housing Supply in 98310, WA
How many homes are available in 98310, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 51 | +13.3% |
Summary: The 98310 real estate market had 51 homes for sale in April 2024, a 13.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 1 | -66.7% |
2 Bedrooms | 5 | 12 | +140.0% |
3 Bedrooms | 26 | 27 | +3.8% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 98310 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 140%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 13 | -40.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 98310 in April 2024, down by 40.9% month-over-month. Of the 13 sold homes, 8% were sold under asking, 46% were sold at asking, and 46% were sold over asking.
Days on Market for 98310, WA
How long does it take to sell a home in 98310, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
30 Days | 29 Days | -3.8% |
Summary: Homes in 98310 had an average of 29 days on market in Apr 2024, down by 3.8% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in 98310; 85% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.