Is First Glenwood Park, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, First Glenwood Park has remained a Seller's Market.
Key Takeaway
First Glenwood Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in First Glenwood Park, WA
How much do homes in First Glenwood Park, WA cost?
Median Sold Price
$337,500
$206/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in First Glenwood Park have sold for 10.7% more than they did a month ago.
Summary: The median home sold price in First Glenwood Park was $337,500 in April 2024, up 10.7% from last month, and the median price per square foot was $206.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $330K | N/A |
| 3 Bedrooms | $262.5K | $310K | +18.1% |
| 4 Bedrooms | $305K | $355K | +16.4% |
| 5+ Bedrooms | - | $315K | N/A |
Summary: First Glenwood Park housing prices by bedroom type for April 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 18.1%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes did not change.
Housing Supply in First Glenwood Park, WA
How many homes are available in First Glenwood Park, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The First Glenwood Park real estate market had 10 homes for sale in April 2024, a 11.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 4 | +33.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The First Glenwood Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 4 | 6 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in First Glenwood Park, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 6 homes were sold or pending in First Glenwood Park in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 33% were sold at asking, and 50% were sold over asking.
Days on Market for First Glenwood Park, WA
How long does it take to sell a home in First Glenwood Park, WA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 Days | 8 Days | -44.4% |
Summary: Homes in First Glenwood Park had an average of 8 days on market in Apr 2024, down by 44.4% compared to last month.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in First Glenwood Park are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 6 homes were sold in First Glenwood Park; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.