Is Fife, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Fife has remained a Seller's Market.
Housing Prices in Fife, WA
How much do homes in Fife, WA cost?
Median Sold Price
$475,500
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Fife was $475,500 in March 2024, down 11.1% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $296K | - | N/A |
2 Bedrooms | $410K | $417.4K | +1.8% |
3 Bedrooms | $511K | $505K | -1.2% |
4 Bedrooms | $590K | $532.5K | -9.7% |
5+ Bedrooms | $630.5K | $622.5K | -1.3% |
Summary: Fife 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 1.8%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 1.3%.
Housing Supply in Fife, WA
How many homes are available in Fife, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 23 | +4.5% |
Summary: The Fife real estate market had 23 homes for sale in March 2024, a 4.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Fife housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Fife in March 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Fife, WA
How long does it take to sell a home in Fife, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
15 Days | 59 Days | +284.2% |
Summary: Homes in Fife had an average of 59 days on market in Mar 2024, up by 284.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Fife; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.