Is 98847, 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, 98847 was a Seller's Market.
Housing Prices in 98847, WA
How much do homes in 98847, WA cost?
Median Sold Price
$461,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98847 was $461,000 in April 2024, down 34.1% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $340K | - | N/A |
2 Bedrooms | - | $461K | N/A |
3 Bedrooms | $629K | $480K | -23.7% |
4 Bedrooms | $724.7K | $1.9M | +167.0% |
5+ Bedrooms | $507.5K | $430K | -15.3% |
Summary: 98847 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 did not change, 3 bedroom homes decreased by 23.7%, 4 bedroom homes increased by 167%, and 5+ bedroom homes decreased by 15.3%.
Housing Supply in 98847, WA
How many homes are available in 98847, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Summary: The 98847 real estate market had 6 homes for sale in April 2024, a 20.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 4 | +100.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 98847 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in 98847 in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 98847, WA
How long does it take to sell a home in 98847, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
104 Days | 308 Days | +196.2% |
Summary: Homes in 98847 had an average of 308 days on market in Apr 2024, up by 196.2% compared to last year.
Breakdown of Home Sale Times
0 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, 1 homes were sold in 98847; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.