Is 98337, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 98337 was a Buyer's Market.
Housing Prices in 98337, WA
How much do homes in 98337, WA cost?
Median Sold Price
$365,000
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98337 was $365,000 in April 2024, down 6.9% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $286.8K | $288.7K | +0.7% |
2 Bedrooms | $369K | $359.3K | -2.6% |
3 Bedrooms | $393.5K | $403K | +2.4% |
4 Bedrooms | $402.2K | $465K | +15.6% |
5+ Bedrooms | $470.8K | $500K | +6.2% |
Summary: 98337 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 6.2%.
Housing Supply in 98337, WA
How many homes are available in 98337, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 31 | +19.2% |
Summary: The 98337 real estate market had 31 homes for sale in April 2024, a 19.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 7 | +75.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 0 | 2 | +100.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 98337 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 10 | +42.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in 98337 in April 2024, up by 42.9% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.
Days on Market for 98337, WA
How long does it take to sell a home in 98337, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
3 Days | 22 Days | +660.0% |
Summary: Homes in 98337 had an average of 22 days on market in Apr 2024, up by 660% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 10 homes were sold in 98337; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.