Is 98335, 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, 98335 has remained a Seller's Market.
Housing Prices in 98335, WA
How much do homes in 98335, WA cost?
Median Sold Price
$840,000
$373/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98335 was $840,000 in April 2024, up 3.8% from last year, and the median price per square foot was $373.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $896K | $547K | -39.0% |
2 Bedrooms | $625K | $623K | -0.3% |
3 Bedrooms | $749K | $770K | +2.8% |
4 Bedrooms | $1.0M | $1.0M | +2.5% |
5+ Bedrooms | $1.0M | $1.3M | +26.6% |
Summary: 98335 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 39%, 2 bedroom homes decreased by 0.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 26.6%.
Housing Supply in 98335, WA
How many homes are available in 98335, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
87 | 107 | +23.0% |
Summary: The 98335 real estate market had 107 homes for sale in April 2024, a 23.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 15 | 16 | +6.7% |
3 Bedrooms | 47 | 58 | +23.4% |
4 Bedrooms | 19 | 28 | +47.4% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 98335 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 increased by 6.7%, 3 bedroom homes increased by 23.4%, 4 bedroom homes increased by 47.4%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
19 | 29 | +52.6% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in 98335 in April 2024, up by 52.6% month-over-month. Of the 29 sold homes, 52% were sold under asking, 34% were sold at asking, and 14% were sold over asking.
Days on Market for 98335, WA
How long does it take to sell a home in 98335, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 33 Days | -14.4% |
Summary: Homes in 98335 had an average of 33 days on market in Apr 2024, down by 14.4% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 29 homes were sold in 98335; 69% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.