Is 99362, 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, 99362 has remained a Seller's Market.
Housing Prices in 99362, WA
How much do homes in 99362, WA cost?
Median Sold Price
$425,000
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 99362 was $425,000 in April 2024, down 1.2% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $250K | +11.1% |
2 Bedrooms | $290K | $299K | +3.1% |
3 Bedrooms | $425K | $410K | -3.5% |
4 Bedrooms | $508.5K | $535K | +5.2% |
5+ Bedrooms | $553.5K | $615K | +11.1% |
Summary: 99362 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 11.1%.
Housing Supply in 99362, WA
How many homes are available in 99362, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
178 | 196 | +10.1% |
Summary: The 99362 real estate market had 196 homes for sale in April 2024, a 10.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 26 | 28 | +7.7% |
3 Bedrooms | 85 | 98 | +15.3% |
4 Bedrooms | 44 | 44 | 0.0% |
5+ Bedrooms | 21 | 25 | +19.0% |
Summary: The 99362 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 15.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 19%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 45 | +80.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in 99362 in April 2024, up by 80.0% month-over-month. Of the 45 sold homes, 33% were sold under asking, 42% were sold at asking, and 24% were sold over asking.
Days on Market for 99362, WA
How long does it take to sell a home in 99362, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
55 Days | 34 Days | -37.7% |
Summary: Homes in 99362 had an average of 34 days on market in Apr 2024, down by 37.7% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 45 homes were sold in 99362; 69% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.