Is 98499, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, 98499 has remained a Seller's Market.
Housing Prices in 98499, WA
How much do homes in 98499, WA cost?
Median Sold Price
$445,500
$305/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in 98499 was $445,500 in February 2024, down 4.7% from last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $205K | $219.9K | +7.3% |
2 Bedrooms | $360K | $355K | -1.4% |
3 Bedrooms | $455K | $435.7K | -4.2% |
4 Bedrooms | $615K | $502.5K | -18.3% |
5+ Bedrooms | $701K | $659.9K | -5.9% |
Summary: 98499 housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.3%, 2 bedroom homes decreased by 1.4%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 18.3%, and 5+ bedroom homes decreased by 5.9%.
Housing Supply in 98499, WA
How many homes are available in 98499, WA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
47 | 48 | +2.1% |
Summary: The 98499 real estate market had 48 homes for sale in February 2024, a 2.1% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 11 | 11 | 0.0% |
3 Bedrooms | 20 | 19 | -5.0% |
4 Bedrooms | 10 | 13 | +30.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The 98499 housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 30%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
10 | 14 | +40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 98499 in February 2024, up by 40.0% month-over-month. Of the 14 sold homes, 21% were sold under asking, 36% were sold at asking, and 43% were sold over asking.
Days on Market for 98499, WA
How long does it take to sell a home in 98499, WA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
49 Days | 54 Days | +9.2% |
Summary: Homes in 98499 had an average of 54 days on market in Feb 2024, up by 9.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 14 homes were sold in 98499; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.