Is 98601, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 98601 was a Neutral Market.
Housing Prices in 98601, WA
How much do homes in 98601, WA cost?
Median Sold Price
$1,250,000
$310/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in 98601 was $1,250,000 in April 2024, up 228.9% from last month, and the median price per square foot was $310.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $380K | - | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | $1.2M | N/A |
Summary: 98601 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
98601 | $380K | $1.2M | +228.9% |
98603 | $1.0M | $700K | -31.1% |
Housing Supply in 98601, WA
How many homes are available in 98601, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 17 | +41.7% |
Summary: The 98601 real estate market had 17 homes for sale in April 2024, a 41.7% 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 | 1 | 4 | +300.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 98601 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 300%, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in 98601 in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 98601, WA
How long does it take to sell a home in 98601, WA?
Average Sale Time
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
144 Days | 24 Days | -83.4% |
Summary: Homes in 98601 had an average of 24 days on market in Apr 2024, down by 83.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in 98601; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.