Is Graham-Thrift, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Graham-Thrift is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Graham-Thrift has remained a Seller's Market.

Key Takeaway

Graham-Thrift is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Graham-Thrift, WA

How much do homes in Graham-Thrift, WA cost?

Median Sold Price

$534,983

$267/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$4,983(+0.9%)

Key Takeaway

Homes in Graham-Thrift have sold for 0.9% more than they did a year ago.

Summary: The median home sold price in Graham-Thrift was $534,983 in April 2024, up 0.9% from last year, and the median price per square foot was $267.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $240K$385K
+60.4%
2 $408K$420K
+2.9%
3 $495.3K$499.9K
+0.9%
4 $580.2K$560.9K
-3.3%
5+ $629.9K$612.4K
-2.8%

Summary: Graham-Thrift housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 60.4%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 3.3%, and 5+ bedroom homes decreased by 2.8%.

Median Sold Price Compared To Nearby Cities

Graham
+2.7%
Spanaway
+2.1%
Graham-Thrift
+0.9%
Mount Rainier
-1.9%
Fort Lewis-DuPont
-2.0%

Housing Supply in Graham-Thrift, WA

How many homes are available in Graham-Thrift, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
372419+12.6%

Summary: The Graham-Thrift real estate market had 419 homes for sale in April 2024, a 12.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 3134
+9.7%
3 156179
+14.7%
4 136156
+14.7%
5+ 4850
+4.2%

Summary: The Graham-Thrift housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 9.7%, 3 bedroom homes increased by 14.7%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes increased by 4.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
107106-0.9%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

38 Homes Were Sold
At Asking

45 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Graham-Thrift, you could pay more than the asking price. 42.5% of homes here sold above asking price last month.

Summary: A total of 106 homes were sold or pending in Graham-Thrift in April 2024, down by 0.9% month-over-month. Of the 106 sold homes, 22% were sold under asking, 36% were sold at asking, and 42% were sold over asking.

Days on Market for Graham-Thrift, WA

How long does it take to sell a home in Graham-Thrift, WA?

Average Sale Time

Apr 2023Apr 2024CHANGE
35 Days28 Days-19.0%

Summary: Homes in Graham-Thrift had an average of 28 days on market in Apr 2024, down by 19% compared to last year.

Breakdown of Home Sale Times

84 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 106 homes were sold in Graham-Thrift; 79% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 8% 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 14 Days Ago

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