Is 98569, 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, 98569 has remained a Buyer's Market.
Housing Prices in 98569, WA
How much do homes in 98569, WA cost?
Median Sold Price
$373,445
$280/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98569 was $373,445 in April 2024, down 4.2% from last year, and the median price per square foot was $280.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $219K | $145K | -33.8% |
2 Bedrooms | $365K | $349K | -4.4% |
3 Bedrooms | $439.9K | $415K | -5.7% |
4 Bedrooms | $553K | $497.5K | -10.0% |
5+ Bedrooms | $315K | $862.5K | +173.8% |
Summary: 98569 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.8%, 2 bedroom homes decreased by 4.4%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 173.8%.
Housing Supply in 98569, WA
How many homes are available in 98569, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
179 | 210 | +17.3% |
Summary: The 98569 real estate market had 210 homes for sale in April 2024, a 17.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 22 | +37.5% |
2 Bedrooms | 64 | 79 | +23.4% |
3 Bedrooms | 76 | 83 | +9.2% |
4 Bedrooms | 18 | 21 | +16.7% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 98569 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 23.4%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 22 | -35.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in 98569 in April 2024, down by 35.3% month-over-month. Of the 22 sold homes, 68% were sold under asking, 18% were sold at asking, and 14% were sold over asking.
Days on Market for 98569, WA
How long does it take to sell a home in 98569, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
53 Days | 109 Days | +106.0% |
Summary: Homes in 98569 had an average of 109 days on market in Apr 2024, up by 106% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in 98569; 36% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.