Is Fircrest, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fircrest is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Fircrest was a Seller's Market.

Key Takeaway

Fircrest is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Fircrest, WA

How much do homes in Fircrest, WA cost?

Median Sold Price

$608,750

$306/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$3,750(-0.6%)

Key Takeaway

Homes in Fircrest have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in Fircrest was $608,750 in March 2024, down 0.6% from last year, and the median price per square foot was $306.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $315K-
N/A
2 $500K$596.7K
+19.4%
3 $560K$565K
+0.9%
4 $649.9K$647.5K
-0.4%
5+ $777K$735K
-5.4%

Summary: Fircrest housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 5.4%.

Median Sold Price Compared To Nearby Cities

Fircrest
-0.6%
Tacoma
-0.6%
University Place
-1.2%

Housing Supply in Fircrest, WA

How many homes are available in Fircrest, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1213+8.3%

Summary: The Fircrest real estate market had 13 homes for sale in March 2024, a 8.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 33
0.0%
3 54
-20.0%
4 35
+66.7%
5+ 11
0.0%

Summary: The Fircrest housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fircrest, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Fircrest in March 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Fircrest, WA

How long does it take to sell a home in Fircrest, WA?

Average Sale Time

Mar 2023Mar 2024CHANGE
9 Days48 Days+438.9%

Summary: Homes in Fircrest had an average of 48 days on market in Mar 2024, up by 438.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fircrest are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in Fircrest; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Fircrest, WA

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