Is 99201, 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, 99201 has remained a Seller's Market.
Key Takeaway
99201 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 99201, WA
How much do homes in 99201, WA cost?
Median Sold Price
$340,000
$222/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Key Takeaway
The sold price of homes in 99201 has remained the same since last year.
Summary: The median home sold price in 99201 was $340,000 in April 2024, the same as last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $379.5K | $217K | -42.8% |
| 2 Bedrooms | $327.5K | $342.5K | +4.6% |
| 3 Bedrooms | $352.5K | $344.4K | -2.3% |
| 4 Bedrooms | $317.5K | $327.8K | +3.2% |
| 5+ Bedrooms | $375K | $384K | +2.4% |
Summary: 99201 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.8%, 2 bedroom homes increased by 4.6%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 2.4%.
Housing Supply in 99201, WA
How many homes are available in 99201, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 33 | 43 | +30.3% |
Summary: The 99201 real estate market had 43 homes for sale in April 2024, a 30.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 12 | 15 | +25.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 3 | 9 | +200.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 99201 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 200%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 14 | +100.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 99201, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 99201 in April 2024, up by 100.0% month-over-month. Of the 14 sold homes, 36% were sold under asking, 29% were sold at asking, and 36% were sold over asking.
Days on Market for 99201, WA
How long does it take to sell a home in 99201, WA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 40 Days | 25 Days | -36.2% |
Summary: Homes in 99201 had an average of 25 days on market in Apr 2024, down by 36.2% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 99201 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in 99201; 79% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS 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.