Is 98372, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 98372 has remained a Seller's Market.
Housing Prices in 98372, WA
How much do homes in 98372, WA cost?
Median Sold Price
$569,925
$306/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 98372 was $569,925 in March 2024, down 5% from last year, and the median price per square foot was $306.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $362.5K | $285K | -21.4% |
2 Bedrooms | $363K | $375K | +3.3% |
3 Bedrooms | $558.9K | $569.9K | +2.0% |
4 Bedrooms | $677.4K | $701.2K | +3.5% |
5+ Bedrooms | $830.5K | $874.9K | +5.4% |
Summary: 98372 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.4%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 5.4%.
Housing Supply in 98372, WA
How many homes are available in 98372, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
54 | 59 | +9.3% |
Summary: The 98372 real estate market had 59 homes for sale in March 2024, a 9.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 13 | +8.3% |
3 Bedrooms | 22 | 22 | 0.0% |
4 Bedrooms | 18 | 21 | +16.7% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 98372 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 13 | +18.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in 98372 in March 2024, up by 18.2% month-over-month. Of the 13 sold homes, 23% were sold under asking, 31% were sold at asking, and 46% were sold over asking.
Days on Market for 98372, WA
How long does it take to sell a home in 98372, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
76 Days | 17 Days | -77.4% |
Summary: Homes in 98372 had an average of 17 days on market in Mar 2024, down by 77.4% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 13 homes were sold in 98372; 85% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.