Is Greenacres, 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, Greenacres has remained a Seller's Market.
Housing Prices in Greenacres, WA
How much do homes in Greenacres, WA cost?
Median Sold Price
$495,184
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Greenacres was $495,184 in April 2024, down 11.6% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $735K | $225K | -69.4% |
2 Bedrooms | $431.5K | $379.6K | -12.0% |
3 Bedrooms | $450K | $441.7K | -1.8% |
4 Bedrooms | $637.5K | $550K | -13.7% |
5+ Bedrooms | $770.7K | $770.1K | -0.1% |
Summary: Greenacres housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 69.4%, 2 bedroom homes decreased by 12%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 13.7%, and 5+ bedroom homes decreased by 0.1%.
Median Sold Price Compared To Nearby Cities
Liberty Lake | $530.5K | $547.5K | +3.2% |
Spokane Valley | $414.9K | $417.6K | +0.6% |
Veradale | $520K | $511.2K | -1.7% |
Greenacres | $560.3K | $495.1K | -11.6% |
Housing Supply in Greenacres, WA
How many homes are available in Greenacres, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
92 | 115 | +25.0% |
Summary: The Greenacres real estate market had 115 homes for sale in April 2024, a 25.0% 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 | 5 | 4 | -20.0% |
3 Bedrooms | 35 | 45 | +28.6% |
4 Bedrooms | 30 | 41 | +36.7% |
5+ Bedrooms | 22 | 25 | +13.6% |
Summary: The Greenacres 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 20%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 36.7%, and 5+ bedroom homes increased by 13.6%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
23 | 31 | +34.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Greenacres in April 2024, up by 34.8% month-over-month. Of the 31 sold homes, 39% were sold under asking, 35% were sold at asking, and 26% were sold over asking.
Days on Market for Greenacres, WA
How long does it take to sell a home in Greenacres, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 39 Days | +44.3% |
Summary: Homes in Greenacres had an average of 39 days on market in Apr 2024, up by 44.3% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in Greenacres; 74% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.