Is 98674, 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, 98674 has remained a Seller's Market.
Housing Prices in 98674, WA
How much do homes in 98674, WA cost?
Median Sold Price
$564,900
$261/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98674 was $564,900 in April 2024, up 15.3% from last year, and the median price per square foot was $261.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $114K | $1.5M | +1215.8% |
2 Bedrooms | $380K | $450K | +18.4% |
3 Bedrooms | $438K | $547.5K | +25.0% |
4 Bedrooms | $598K | $710K | +18.7% |
5+ Bedrooms | $642.5K | $564.9K | -12.1% |
Summary: 98674 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1215.8%, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes decreased by 12.1%.
Housing Supply in 98674, WA
How many homes are available in 98674, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 | 96 | +31.5% |
Summary: The 98674 real estate market had 96 homes for sale in April 2024, a 31.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 35 | 44 | +25.7% |
4 Bedrooms | 24 | 33 | +37.5% |
5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The 98674 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25.7%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 24 | +140.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in 98674 in April 2024, up by 140.0% month-over-month. Of the 24 sold homes, 38% were sold under asking, 29% were sold at asking, and 33% were sold over asking.
Days on Market for 98674, WA
How long does it take to sell a home in 98674, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 55 Days | +260.5% |
Summary: Homes in 98674 had an average of 55 days on market in Apr 2024, up by 260.5% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in 98674; 58% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.