Is 98675, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 98675 was a Neutral Market.
Housing Prices in 98675, WA
How much do homes in 98675, WA cost?
Median Sold Price
$545,000
$311/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98675 was $545,000 in April 2024, down 2.4% from last year, and the median price per square foot was $311.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $455.7K | N/A |
2 Bedrooms | $482.5K | $366K | -24.1% |
3 Bedrooms | $459.9K | $439K | -4.5% |
4 Bedrooms | $660K | $725K | +9.8% |
5+ Bedrooms | $801K | $794.7K | -0.8% |
Summary: 98675 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 24.1%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 9.8%, and 5+ bedroom homes decreased by 0.8%.
Housing Supply in 98675, WA
How many homes are available in 98675, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 31 | +10.7% |
Summary: The 98675 real estate market had 31 homes for sale in April 2024, a 10.7% 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 | 2 | 4 | +100.0% |
3 Bedrooms | 18 | 15 | -16.7% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 98675 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 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 9 | +28.6% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 98675 in April 2024, up by 28.6% month-over-month. Of the 9 sold homes, 22% were sold under asking, 44% were sold at asking, and 33% were sold over asking.
Days on Market for 98675, WA
How long does it take to sell a home in 98675, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
78 Days | 20 Days | -74.4% |
Summary: Homes in 98675 had an average of 20 days on market in Apr 2024, down by 74.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in 98675; 89% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.