Is Grapeview, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Grapeview was a Seller's Market.
Key Takeaway
Grapeview is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Grapeview, WA
How much do homes in Grapeview, WA cost?
Median Sold Price
$539,900
$335/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Grapeview have sold for 17.8% more than they did a year ago.
Summary: The median home sold price in Grapeview was $539,900 in May 2024, up 17.8% from last year, and the median price per square foot was $335.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $590K | $349.9K | -40.7% |
| 2 Bedrooms | $388.5K | $565K | +45.4% |
| 3 Bedrooms | $389.5K | $465K | +19.4% |
| 4 Bedrooms | $525K | $625K | +19.0% |
| 5+ Bedrooms | - | - | N/A |
Summary: Grapeview housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.7%, 2 bedroom homes increased by 45.4%, 3 bedroom homes increased by 19.4%, 4 bedroom homes increased by 19%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Grapeview | $458.5K | $539.9K | +17.8% |
| Allyn | $507K | $535K | +5.5% |
| Union | $479.9K | $489K | +1.9% |
| Union-Grapeview | $455K | $461K | +1.3% |
| Timber Lake-Harstine Island | $359.9K | $360.5K | 0.2% |
Housing Supply in Grapeview, WA
How many homes are available in Grapeview, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 19 | 23 | +21.1% |
Summary: The Grapeview real estate market had 23 homes for sale in May 2024, a 21.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 4 | 6 | +50.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Grapeview housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Grapeview, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Grapeview in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Grapeview, WA
How long does it take to sell a home in Grapeview, WA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 11 Days | 8 Days | -28.6% |
Summary: Homes in Grapeview had an average of 8 days on market in May 2024, down by 28.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grapeview are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Grapeview; 100% of homes were sold within 30 days, 0% 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.