Is West Central, 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, West Central has remained a Seller's Market.
Housing Prices in West Central, WA
How much do homes in West Central, WA cost?
Median Sold Price
$321,750
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in West Central was $321,750 in April 2024, down 0.7% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $270K | $192.2K | -28.8% |
2 Bedrooms | $296.5K | $269.9K | -9.0% |
3 Bedrooms | $332.7K | $332.3K | -0.1% |
4 Bedrooms | $315K | $325K | +3.2% |
5+ Bedrooms | $325K | $374.5K | +15.2% |
Summary: West Central housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.8%, 2 bedroom homes decreased by 9%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 15.2%.
Median Sold Price Compared To Nearby Neighborhoods
Nettletons | $320K | $323.5K | +1.1% |
West Central | $324K | $321.7K | -0.7% |
Housing Supply in West Central, WA
How many homes are available in West Central, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
25 | 33 | +32.0% |
Summary: The West Central real estate market had 33 homes for sale in April 2024, a 32.0% 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 | 7 | 11 | +57.1% |
3 Bedrooms | 11 | 11 | 0.0% |
4 Bedrooms | 4 | 7 | +75.0% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The West Central 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 increased by 57.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 75%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 11 | +120.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in West Central in April 2024, up by 120.0% month-over-month. Of the 11 sold homes, 36% were sold under asking, 18% were sold at asking, and 45% were sold over asking.
Days on Market for West Central, WA
How long does it take to sell a home in West Central, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
44 Days | 21 Days | -51.4% |
Summary: Homes in West Central had an average of 21 days on market in Apr 2024, down by 51.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in West Central; 82% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.