Is 98926, 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, 98926 has remained a Seller's Market.
Key Takeaway
98926 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 98926, WA
How much do homes in 98926, WA cost?
Median Sold Price
$467,310
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 98926 have sold for 4.7% less than they did a year ago.
Summary: The median home sold price in 98926 was $467,310 in April 2024, down 4.7% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $285K | $273K | -4.2% |
| 2 Bedrooms | $322K | $350K | +8.7% |
| 3 Bedrooms | $472.5K | $458.2K | -3.0% |
| 4 Bedrooms | $570.2K | $496.5K | -12.9% |
| 5+ Bedrooms | $565K | $509.9K | -9.7% |
Summary: 98926 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes increased by 8.7%, 3 bedroom homes decreased by 3%, 4 bedroom homes decreased by 12.9%, and 5+ bedroom homes decreased by 9.7%.
Housing Supply in 98926, WA
How many homes are available in 98926, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 119 | 142 | +19.3% |
Summary: The 98926 real estate market had 142 homes for sale in April 2024, a 19.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 52 | 67 | +28.8% |
| 4 Bedrooms | 37 | 40 | +8.1% |
| 5+ Bedrooms | 15 | 18 | +20.0% |
Summary: The 98926 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 28.8%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 33 | +13.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98926, expect to pay close to the asking price. 51.5% of homes here sold near the asking price last month.
Summary: A total of 33 homes were sold or pending in 98926 in April 2024, up by 13.8% month-over-month. Of the 33 sold homes, 36% were sold under asking, 52% were sold at asking, and 12% were sold over asking.
Days on Market for 98926, WA
How long does it take to sell a home in 98926, WA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 29 Days | 48 Days | +64.2% |
Summary: Homes in 98926 had an average of 48 days on market in Apr 2024, up by 64.2% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 98926 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 33 homes were sold in 98926; 70% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.