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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Felida is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Felida has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Felida, WA

How much do homes in Felida, WA cost?

Median Sold Price

$675,000

$285/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$65,735(+10.8%)

Key Takeaway

Homes in Felida have sold for 10.8% more than they did a year ago.

Summary: The median home sold price in Felida was $675,000 in March 2024, up 10.8% from last year, and the median price per square foot was $285.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$170K
N/A
2 $390.9K$460K
+17.7%
3 $511.2K$583K
+14.0%
4 $692.4K$719.9K
+4.0%
5+ $863.5K$840K
-2.7%

Summary: Felida housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.7%, 3 bedroom homes increased by 14%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 2.7%.

Housing Supply in Felida, WA

How many homes are available in Felida, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
9485-9.6%

Summary: The Felida real estate market had 85 homes for sale in March 2024, a 9.6% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 73
-57.1%
3 3426
-23.5%
4 3536
+2.9%
5+ 1720
+17.6%

Summary: The Felida housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 57.1%, 3 bedroom homes decreased by 23.5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 17.6%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1415+7.1%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Felida, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Felida in March 2024, up by 7.1% month-over-month. Of the 15 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% were sold over asking.

Days on Market for Felida, WA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
35 Days42 Days+19.5%

Summary: Homes in Felida had an average of 42 days on market in Mar 2024, up by 19.5% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 15 homes were sold in Felida; 53% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 13% 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 28 Days Ago

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