Is 98465, 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, 98465 has remained a Seller's Market.
Housing Prices in 98465, WA
How much do homes in 98465, WA cost?
Median Sold Price
$569,725
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 98465 was $569,725 in April 2024, down 5.1% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $404.7K | $370K | -8.6% |
3 Bedrooms | $515K | $550K | +6.8% |
4 Bedrooms | $644.9K | $610K | -5.4% |
5+ Bedrooms | $900K | $800K | -11.1% |
Summary: 98465 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 8.6%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes decreased by 11.1%.
Housing Supply in 98465, WA
How many homes are available in 98465, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 23 | +53.3% |
Summary: The 98465 real estate market had 23 homes for sale in April 2024, a 53.3% 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 | 6 | 5 | -16.7% |
3 Bedrooms | 5 | 7 | +40.0% |
4 Bedrooms | 2 | 7 | +250.0% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 98465 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 decreased by 16.7%, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 250%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in 98465 in April 2024, up by 50.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.
Days on Market for 98465, WA
How long does it take to sell a home in 98465, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
13 Days | 23 Days | +73.2% |
Summary: Homes in 98465 had an average of 23 days on market in Apr 2024, up by 73.2% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in 98465; 89% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.