Is 98682, 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, 98682 has remained a Seller's Market.
Housing Prices in 98682, WA
How much do homes in 98682, WA cost?
Median Sold Price
$503,698
$295/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98682 was $503,698 in April 2024, up 3.2% from last year, and the median price per square foot was $295.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $211K | $214.9K | +1.8% |
2 Bedrooms | $275K | $299.9K | +9.1% |
3 Bedrooms | $450.7K | $465K | +3.2% |
4 Bedrooms | $567.3K | $589.9K | +4.0% |
5+ Bedrooms | $727.5K | $702K | -3.5% |
Summary: 98682 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 3.5%.
Housing Supply in 98682, WA
How many homes are available in 98682, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
307 | 314 | +2.3% |
Summary: The 98682 real estate market had 314 homes for sale in April 2024, a 2.3% 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 | 7 | 13 | +85.7% |
3 Bedrooms | 167 | 176 | +5.4% |
4 Bedrooms | 101 | 99 | -2.0% |
5+ Bedrooms | 32 | 26 | -18.8% |
Summary: The 98682 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 85.7%, 3 bedroom homes increased by 5.4%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 18.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
82 | 71 | -13.4% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Summary: A total of 71 homes were sold or pending in 98682 in April 2024, down by 13.4% month-over-month. Of the 71 sold homes, 21% were sold under asking, 35% were sold at asking, and 44% were sold over asking.
Days on Market for 98682, WA
How long does it take to sell a home in 98682, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
38 Days | 56 Days | +46.5% |
Summary: Homes in 98682 had an average of 56 days on market in Apr 2024, up by 46.5% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 71 homes were sold in 98682; 61% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.