Is Fife, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$485,000
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Fife was $485,000 in June 2024, down 5.6% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $405K | $410K | +1.2% |
3 Bedrooms | $509.9K | $502.9K | -1.4% |
4 Bedrooms | $558K | $593.5K | +6.4% |
5+ Bedrooms | $607K | $650K | +7.1% |
Summary: Fife housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.2%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 7.1%.
Housing Supply in Fife, WA
How many homes are available in Fife, WA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
27 | 27 | 0.0% |
Summary: The Fife real estate market had 27 homes for sale in June 2024, the same as May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 3 | -50.0% |
3 Bedrooms | 16 | 17 | +6.3% |
4 Bedrooms | 4 | 6 | +50.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Fife housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
8 | 5 | -37.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Fife in June 2024, down by 37.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
4 Days | 14 Days | +198.9% |
Summary: Homes in Fife had an average of 14 days on market in Jun 2024, up by 198.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 5 homes were sold in Fife; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.