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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fircrest is a seller's market

Buyer's
Market

Difference Since October 2021

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

Key Takeaway

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

How much do homes in Fircrest, WA cost?

Median Sold Price

$612,500

$305/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2021

+$76,000(+14.2%)

Key Takeaway

Homes in Fircrest have sold for 14.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSOct 2021Oct 2022%
1 --
N/A
2 $410K$480K
+17.1%
3 $475K$560K
+17.9%
4 $574.9K$650K
+13.1%
5+ $700K$777K
+11.0%

Median Sold Price Compared To Nearby Cities

University Place
+17.2%
Fircrest
+14.2%
Tacoma
+11.8%

How many homes are available in Fircrest, WA?

Number of Homes For Sale

Sep 2022Oct 2022%
1624+50.0%

Homes For Sale By Bedroom Count

# BEDSSep 2022Oct 2022%
1 00
0.0%
2 21
-50.0%
3 710
+42.9%
4 711
+57.1%
5+ 02
+100.0%

Number of Homes Sold

Sep 2022Oct 2022%
15+400.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Average Sale Time

Oct 2021Oct 2022%
22 Days21 Days-4.8%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

About Fircrest, WA

There are 24 homes are for sale in Fircrest, WA real estate market. The number of listings in Fircrest, WA increased by 50% between September 2022 and October 2022. In October 2022, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $612,500. Listing prices have changed in this real estate market between September 2022 and October 2022: the cost of 1 bedroom properties went up by 0%, prices of 2 bedrooms properties increased by 17.1%, 3 bedrooms properties became 17.9% more expensive, prices of 4 bedrooms properties increased by 13.1%, the cost of 5 bedrooms properties went up by 11%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, volume of 2 bedrooms homes went down by 50%, 3 bedrooms homes became 42.9% more available, number of 4 bedrooms homes increased by 57.1%, 5 bedrooms homes inventory increased by 100%. In October 2022 more than 1 listings in Fircrest, WA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below.

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