Is North Indian Trail, 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, North Indian Trail has remained a Seller's Market.
Key Takeaway
North Indian Trail is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Indian Trail, WA
How much do homes in North Indian Trail, WA cost?
Median Sold Price
$465,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in North Indian Trail have sold for 5% less than they did a year ago.
Summary: The median home sold price in North Indian Trail was $465,000 in April 2024, down 5% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $525K | $367.4K | -30.0% |
| 3 Bedrooms | $429.9K | $437.4K | +1.7% |
| 4 Bedrooms | $480K | $450.5K | -6.1% |
| 5+ Bedrooms | $572K | $530K | -7.3% |
Summary: North Indian Trail housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes decreased by 7.3%.
Housing Supply in North Indian Trail, WA
How many homes are available in North Indian Trail, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 | 64 | +60.0% |
Summary: The North Indian Trail real estate market had 64 homes for sale in April 2024, a 60.0% 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 | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 15 | +87.5% |
| 4 Bedrooms | 21 | 30 | +42.9% |
| 5+ Bedrooms | 11 | 19 | +72.7% |
Summary: The North Indian Trail 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 87.5%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 72.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 15 | +66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
9 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Indian Trail, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 15 homes were sold or pending in North Indian Trail in April 2024, up by 66.7% month-over-month. Of the 15 sold homes, 7% were sold under asking, 60% were sold at asking, and 33% were sold over asking.
Days on Market for North Indian Trail, WA
How long does it take to sell a home in North Indian Trail, WA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 61 Days | 33 Days | -45.9% |
Summary: Homes in North Indian Trail had an average of 33 days on market in Apr 2024, down by 45.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Indian Trail are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in North Indian Trail; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.