Is 98671, 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, 98671 has remained a Seller's Market.
Housing Prices in 98671, WA
How much do homes in 98671, WA cost?
Median Sold Price
$648,333
$293/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98671 was $648,333 in April 2024, up 3% from last year, and the median price per square foot was $293.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $417.5K | $550K | +31.7% |
2 Bedrooms | $380K | $377.5K | -0.7% |
3 Bedrooms | $570K | $550K | -3.5% |
4 Bedrooms | $695K | $695K | 0.0% |
5+ Bedrooms | $861.4K | $737.5K | -14.4% |
Summary: 98671 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.7%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 14.4%.
Housing Supply in 98671, WA
How many homes are available in 98671, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
138 | 151 | +9.4% |
Summary: The 98671 real estate market had 151 homes for sale in April 2024, a 9.4% 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 | 14 | 12 | -14.3% |
3 Bedrooms | 45 | 45 | 0.0% |
4 Bedrooms | 52 | 69 | +32.7% |
5+ Bedrooms | 27 | 25 | -7.4% |
Summary: The 98671 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 decreased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 32.7%, and 5+ bedroom homes decreased by 7.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 31 | +29.2% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in 98671 in April 2024, up by 29.2% month-over-month. Of the 31 sold homes, 65% were sold under asking, 13% were sold at asking, and 23% were sold over asking.
Days on Market for 98671, WA
How long does it take to sell a home in 98671, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 58 Days | +27.8% |
Summary: Homes in 98671 had an average of 58 days on market in Apr 2024, up by 27.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in 98671; 45% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.