Is 98843, 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, 98843 has remained a Seller's Market.
Housing Prices in 98843, WA
How much do homes in 98843, WA cost?
Median Sold Price
$562,500
$362/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98843 was $562,500 in April 2024, down 20.7% from last year, and the median price per square foot was $362.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $212.5K | $274.5K | +29.2% |
2 Bedrooms | $390K | $425K | +9.0% |
3 Bedrooms | $758.9K | $550K | -27.5% |
4 Bedrooms | $1.0M | $1.3M | +29.4% |
5+ Bedrooms | $1.2M | - | N/A |
Summary: 98843 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.2%, 2 bedroom homes increased by 9%, 3 bedroom homes decreased by 27.5%, 4 bedroom homes increased by 29.4%, and 5+ bedroom homes did not change.
Housing Supply in 98843, WA
How many homes are available in 98843, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 17 | +70.0% |
Summary: The 98843 real estate market had 17 homes for sale in April 2024, a 70.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 4 | 5 | +25.0% |
4 Bedrooms | 4 | 7 | +75.0% |
5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The 98843 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%, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in 98843 in April 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 98843, WA
How long does it take to sell a home in 98843, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
4 Days | 19 Days | +383.3% |
Summary: Homes in 98843 had an average of 19 days on market in Apr 2024, up by 383.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in 98843; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.