Is Fircrest, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Fircrest has remained a Seller's Market.
Key Takeaway
Fircrest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Fircrest, WA
How much do homes in Fircrest, WA cost?
Median Sold Price
$613,750
$314/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Fircrest have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Fircrest was $613,750 in May 2024, up 2.6% from last year, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $315K | $717K | +127.6% |
| 2 Bedrooms | $560K | $581K | +3.8% |
| 3 Bedrooms | $549K | $565K | +2.9% |
| 4 Bedrooms | $625K | $662.5K | +6.0% |
| 5+ Bedrooms | $735K | $700K | -4.8% |
Summary: Fircrest housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 127.6%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Cities
| University Place | $615K | $635K | +3.3% |
| Fircrest | $598K | $613.7K | +2.6% |
| Tacoma | $454.5K | $465.5K | +2.4% |
Housing Supply in Fircrest, WA
How many homes are available in Fircrest, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Summary: The Fircrest real estate market had 20 homes for sale in May 2024, a 11.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Fircrest housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 8 | +14.3% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fircrest, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Fircrest in May 2024, up by 14.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 8 Days | 12 Days | +56.6% |
Summary: Homes in Fircrest had an average of 12 days on market in May 2024, up by 56.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Fircrest are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 8 homes were sold in Fircrest; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.