Is 98665, 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, 98665 has remained a Seller's Market.
Housing Prices in 98665, WA
How much do homes in 98665, WA cost?
Median Sold Price
$496,000
$268/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98665 was $496,000 in April 2024, up 5.5% from last year, and the median price per square foot was $268.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $215K | $265.5K | +23.5% |
2 Bedrooms | $256.9K | $310K | +20.7% |
3 Bedrooms | $432.6K | $483.2K | +11.7% |
4 Bedrooms | $537.5K | $542.5K | +0.9% |
5+ Bedrooms | $600K | $599.9K | 0% |
Summary: 98665 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.5%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes did not change.
Housing Supply in 98665, WA
How many homes are available in 98665, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
67 | 80 | +19.4% |
Summary: The 98665 real estate market had 80 homes for sale in April 2024, a 19.4% 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 | 11 | 12 | +9.1% |
3 Bedrooms | 32 | 43 | +34.4% |
4 Bedrooms | 22 | 23 | +4.5% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 98665 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 9.1%, 3 bedroom homes increased by 34.4%, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
18 | 26 | +44.4% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 98665 in April 2024, up by 44.4% month-over-month. Of the 26 sold homes, 31% were sold under asking, 31% were sold at asking, and 38% were sold over asking.
Days on Market for 98665, WA
How long does it take to sell a home in 98665, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 15 Days | -51.9% |
Summary: Homes in 98665 had an average of 15 days on market in Apr 2024, down by 51.9% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 26 homes were sold in 98665; 81% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.