Is 98683, 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, 98683 has remained a Seller's Market.
Housing Prices in 98683, WA
How much do homes in 98683, WA cost?
Median Sold Price
$550,000
$305/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98683 was $550,000 in April 2024, up 2.2% from last year, and the median price per square foot was $305.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $315K | $225K | -28.6% |
2 Bedrooms | $425K | $467.5K | +10.0% |
3 Bedrooms | $500K | $519K | +3.8% |
4 Bedrooms | $592.5K | $624K | +5.3% |
5+ Bedrooms | $831K | $759.7K | -8.6% |
Summary: 98683 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.6%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 8.6%.
Housing Supply in 98683, WA
How many homes are available in 98683, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
105 | 122 | +16.2% |
Summary: The 98683 real estate market had 122 homes for sale in April 2024, a 16.2% 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 | 17 | 20 | +17.6% |
3 Bedrooms | 56 | 65 | +16.1% |
4 Bedrooms | 24 | 27 | +12.5% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The 98683 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 17.6%, 3 bedroom homes increased by 16.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
28 | 33 | +17.9% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 33 homes were sold or pending in 98683 in April 2024, up by 17.9% month-over-month. Of the 33 sold homes, 42% were sold under asking, 36% were sold at asking, and 21% were sold over asking.
Days on Market for 98683, WA
How long does it take to sell a home in 98683, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 20 Days | +32.1% |
Summary: Homes in 98683 had an average of 20 days on market in Apr 2024, up by 32.1% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 33 homes were sold in 98683; 91% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.