Is 98373, 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, 98373 has remained a Seller's Market.
Housing Prices in 98373, WA
How much do homes in 98373, WA cost?
Median Sold Price
$587,000
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98373 was $587,000 in April 2024, up 8.7% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $250K | - | N/A |
2 Bedrooms | $318K | $375K | +17.9% |
3 Bedrooms | $510K | $520K | +2.0% |
4 Bedrooms | $657.5K | $673.7K | +2.5% |
5+ Bedrooms | $652.5K | $724.9K | +11.1% |
Summary: 98373 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 11.1%.
Housing Supply in 98373, WA
How many homes are available in 98373, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 64 | +6.7% |
Summary: The 98373 real estate market had 64 homes for sale in April 2024, a 6.7% increase 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 | 5 | 3 | -40.0% |
3 Bedrooms | 28 | 32 | +14.3% |
4 Bedrooms | 20 | 21 | +5.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The 98373 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 40%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 17 | -22.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in 98373 in April 2024, down by 22.7% month-over-month. Of the 17 sold homes, 18% were sold under asking, 18% were sold at asking, and 65% were sold over asking.
Days on Market for 98373, WA
How long does it take to sell a home in 98373, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 12 Days | -74.7% |
Summary: Homes in 98373 had an average of 12 days on market in Apr 2024, down by 74.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in 98373; 94% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.