Is 98467, 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, 98467 has remained a Seller's Market.
Housing Prices in 98467, WA
How much do homes in 98467, WA cost?
Median Sold Price
$659,500
$316/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98467 was $659,500 in April 2024, down 2.3% from last year, and the median price per square foot was $316.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $302.5K | - | N/A |
2 Bedrooms | $446.5K | $427.5K | -4.3% |
3 Bedrooms | $617.5K | $632.5K | +2.4% |
4 Bedrooms | $740K | $710K | -4.1% |
5+ Bedrooms | $980K | $825K | -15.8% |
Summary: 98467 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 4.3%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes decreased by 15.8%.
Housing Supply in 98467, WA
How many homes are available in 98467, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 43 | +34.4% |
Summary: The 98467 real estate market had 43 homes for sale in April 2024, a 34.4% 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 | 3 | 9 | +200.0% |
3 Bedrooms | 15 | 18 | +20.0% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 98467 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 200%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 16 | +100.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in 98467 in April 2024, up by 100.0% month-over-month. Of the 16 sold homes, 44% were sold under asking, 19% were sold at asking, and 38% were sold over asking.
Days on Market for 98467, WA
How long does it take to sell a home in 98467, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
16 Days | 14 Days | -16.1% |
Summary: Homes in 98467 had an average of 14 days on market in Apr 2024, down by 16.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in 98467; 94% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.