Is Orting, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Orting has remained a Seller's Market.
Housing Prices in Orting, WA
How much do homes in Orting, WA cost?
Median Sold Price
$524,000
$301/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Orting was $524,000 in June 2024, up 0.2% from last year, and the median price per square foot was $301.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $280K | $325K | +16.1% |
2 Bedrooms | $385K | $467.5K | +21.4% |
3 Bedrooms | $485K | $494.9K | +2.1% |
4 Bedrooms | $559.9K | $590K | +5.4% |
5+ Bedrooms | $591.5K | $620K | +4.8% |
Summary: Orting housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.1%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 4.8%.
Median Sold Price Compared To Nearby Cities
Graham | $520.5K | $539.9K | +3.7% |
Orting | $522.9K | $524K | 0.2% |
Housing Supply in Orting, WA
How many homes are available in Orting, WA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
78 | 77 | -1.3% |
Summary: The Orting real estate market had 77 homes for sale in June 2024, a 1.3% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 6 | +20.0% |
3 Bedrooms | 36 | 29 | -19.4% |
4 Bedrooms | 28 | 33 | +17.9% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Orting 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 20%, 3 bedroom homes decreased by 19.4%, 4 bedroom homes increased by 17.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
18 | 19 | +5.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Orting in June 2024, up by 5.6% month-over-month. Of the 19 sold homes, 26% were sold under asking, 37% were sold at asking, and 37% were sold over asking.
Days on Market for Orting, WA
How long does it take to sell a home in Orting, WA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
21 Days | 39 Days | +82.1% |
Summary: Homes in Orting had an average of 39 days on market in Jun 2024, up by 82.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 19 homes were sold in Orting; 74% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.