Is 98383, 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, 98383 has remained a Seller's Market.
Housing Prices in 98383, WA
How much do homes in 98383, WA cost?
Median Sold Price
$557,559
$275/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98383 was $557,559 in April 2024, down 6.4% from last year, and the median price per square foot was $275.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $425K | $417.5K | -1.8% |
3 Bedrooms | $516K | $522.5K | +1.3% |
4 Bedrooms | $659.8K | $650K | -1.5% |
5+ Bedrooms | $734K | $789.9K | +7.6% |
Summary: 98383 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 decreased by 1.8%, 3 bedroom homes increased by 1.3%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 7.6%.
Housing Supply in 98383, WA
How many homes are available in 98383, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 62 | +3.3% |
Summary: The 98383 real estate market had 62 homes for sale in April 2024, a 3.3% 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 | 6 | 7 | +16.7% |
3 Bedrooms | 29 | 32 | +10.3% |
4 Bedrooms | 21 | 20 | -4.8% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The 98383 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 16.7%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 19 | +18.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in 98383 in April 2024, up by 18.8% month-over-month. Of the 19 sold homes, 32% were sold under asking, 42% were sold at asking, and 26% were sold over asking.
Days on Market for 98383, WA
How long does it take to sell a home in 98383, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 24 Days | -43.0% |
Summary: Homes in 98383 had an average of 24 days on market in Apr 2024, down by 43% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in 98383; 74% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.