Is Union-Grapeview, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Union-Grapeview was a Seller's Market.
Housing Prices in Union-Grapeview, WA
How much do homes in Union-Grapeview, WA cost?
Median Sold Price
$469,000
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Union-Grapeview was $469,000 in March 2024, up 4.2% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $329.9K | $315K | -4.5% |
2 Bedrooms | $445.9K | $425K | -4.7% |
3 Bedrooms | $454.9K | $483K | +6.2% |
4 Bedrooms | $550K | $557K | +1.3% |
5+ Bedrooms | $900K | $655K | -27.2% |
Summary: Union-Grapeview housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.5%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 27.2%.
Median Sold Price Compared To Nearby Cities
Union-Grapeview | $450K | $469K | +4.2% |
Union | $480K | $488.5K | +1.8% |
Timber Lake-Harstine Island | $385K | $359K | -6.8% |
Grapeview | $475K | $439.9K | -7.4% |
Housing Supply in Union-Grapeview, WA
How many homes are available in Union-Grapeview, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
84 | 97 | +15.5% |
Summary: The Union-Grapeview real estate market had 97 homes for sale in March 2024, a 15.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 21 | 27 | +28.6% |
3 Bedrooms | 52 | 57 | +9.6% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Union-Grapeview housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 16 | +14.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Union-Grapeview in March 2024, up by 14.3% month-over-month. Of the 16 sold homes, 63% were sold under asking, 19% were sold at asking, and 19% were sold over asking.
Days on Market for Union-Grapeview, WA
How long does it take to sell a home in Union-Grapeview, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
48 Days | 94 Days | +94.4% |
Summary: Homes in Union-Grapeview had an average of 94 days on market in Mar 2024, up by 94.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 16 homes were sold in Union-Grapeview; 44% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 44% of homes were sold over 90 days.