Is Grass Lawn, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Grass Lawn has remained a Seller's Market.
Housing Prices in Grass Lawn, WA
How much do homes in Grass Lawn, WA cost?
Median Sold Price
$1,075,000
$572/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Grass Lawn was $1,075,000 in April 2024, up 13.7% from last year, and the median price per square foot was $572.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $359.9K | $355K | -1.4% |
2 Bedrooms | $555K | $560K | +0.9% |
3 Bedrooms | $1.1M | $1.0M | -2.2% |
4 Bedrooms | $1.5M | $1.4M | -10.8% |
5+ Bedrooms | $1.9M | $1.9M | +1.0% |
Summary: Grass Lawn housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.4%, 2 bedroom homes increased by 0.9%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes increased by 1%.
Housing Supply in Grass Lawn, WA
How many homes are available in Grass Lawn, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 31 | +19.2% |
Summary: The Grass Lawn real estate market had 31 homes for sale in April 2024, a 19.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 4 | 9 | +125.0% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Grass Lawn housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes increased by 75%, 3 bedroom homes increased by 125%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 15 | +25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Grass Lawn in April 2024, up by 25.0% month-over-month. Of the 15 sold homes, 13% were sold under asking, 33% were sold at asking, and 53% were sold over asking.
Days on Market for Grass Lawn, WA
How long does it take to sell a home in Grass Lawn, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 5 Days | -81.8% |
Summary: Homes in Grass Lawn had an average of 5 days on market in Apr 2024, down by 81.8% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Grass Lawn; 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.