Is Brier, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brier is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Brier has remained a Seller's Market.

Key Takeaway

Brier is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brier, WA

How much do homes in Brier, WA cost?

Median Sold Price

$810,000

$490/sqft

Based on all homes sold in January 2024.

Difference Since Last Month

-$31,500(-3.7%)

Key Takeaway

Homes in Brier have sold for 3.7% less than they did a month ago.

Summary: The median home sold price in Brier was $810,000 in January 2024, down 3.7% from last month, and the median price per square foot was $490.

Median Sold Price By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 --
N/A
2 --
N/A
3 $833K$1.2M
+52.5%
4 -$797.5K
N/A
5+ $1.8M$653K
-65.2%

Summary: Brier housing prices by bedroom type for January 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 52.5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 65.2%.

Housing Supply in Brier, WA

How many homes are available in Brier, WA?

Number of Homes For Sale

Dec 2023Jan 2024CHANGE
1311-15.4%

Summary: The Brier real estate market had 11 homes for sale in January 2024, a 15.4% decrease compared to December 2023.

Homes For Sale By Bedroom Count

# BEDSDec 2023Jan 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 43
-25.0%
4 22
0.0%
5+ 75
-28.6%

Summary: The Brier housing inventory by bedroom type for January 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 28.6%.

Number of Homes Sold

Dec 2023Jan 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brier, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Brier in January 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Brier, WA

How long does it take to sell a home in Brier, WA?

Average Sale Time

Dec 2023Jan 2024CHANGE
78 Days25 Days-68.2%

Summary: Homes in Brier had an average of 25 days on market in Jan 2024, down by 68.2% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brier are selling fast, if you're buying plan to act quickly.

Summary: During January 2024, 5 homes were sold in Brier; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

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