Is Granite Falls, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Granite Falls was a Seller's Market.
Key Takeaway
Granite Falls is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Granite Falls, WA
How much do homes in Granite Falls, WA cost?
Median Sold Price
$527,500
$355/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Granite Falls have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Granite Falls was $527,500 in June 2024, up 1.4% from last year, and the median price per square foot was $355.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $252.5K | $331.2K | +31.2% |
| 2 Bedrooms | $405.7K | $424.5K | +4.6% |
| 3 Bedrooms | $500K | $512.5K | +2.5% |
| 4 Bedrooms | $543.5K | $619.5K | +14.0% |
| 5+ Bedrooms | $621.2K | $655K | +5.4% |
Summary: Granite Falls housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.2%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 14%, and 5+ bedroom homes increased by 5.4%.
Housing Supply in Granite Falls, WA
How many homes are available in Granite Falls, WA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 37 | 45 | +21.6% |
Summary: The Granite Falls real estate market had 45 homes for sale in June 2024, a 21.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 22 | 25 | +13.6% |
| 4 Bedrooms | 7 | 11 | +57.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Granite Falls 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 increased by 14.3%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Granite Falls, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Granite Falls in June 2024, down by 30.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 29% were sold at asking, and 57% were sold over asking.
Days on Market for Granite Falls, WA
How long does it take to sell a home in Granite Falls, WA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 5 Days | 9 Days | +65.4% |
Summary: Homes in Granite Falls had an average of 9 days on market in Jun 2024, up by 65.4% compared to last year.
Breakdown of Home Sale Times
6 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 Granite Falls are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 7 homes were sold in Granite Falls; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.