$7,066 Closing Credit*
$595,000
1,500 SqFt
2 Beds
•1 Full Bath, 1 Partial
Ethan Potts, Listing Office: Windermere Real Estate Whatcom
Is 98232, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 98232 has remained a Neutral Market.
Key Takeaway
98232 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 98232, WA
How much do homes in 98232, WA cost?
Median Sold Price
$950,000
$484/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$270,000(+39.7%)
Key Takeaway
Homes in 98232 have sold for 39.7% more than they did a year ago.
Summary: The median home sold price in 98232 was $950,000 in November 2024, up 39.7% from last year, and the median price per square foot was $484.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $665K | $985K | +48.1% |
| 2 Bedrooms | $685K | $620K | -9.5% |
| 3 Bedrooms | $715K | $892.5K | +24.8% |
| 4 Bedrooms | $652K | $1.1M | +81.4% |
| 5+ Bedrooms | $1.0M | - | N/A |
Summary: 98232 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.1%, 2 bedroom homes decreased by 9.5%, 3 bedroom homes increased by 24.8%, 4 bedroom homes increased by 81.4%, and 5+ bedroom homes did not change.
Housing Supply in 98232, WA
How many homes are available in 98232, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 19 | -13.6% |
Summary: The 98232 real estate market had 19 homes for sale in November 2024, a 13.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 6 | 4 | -33.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 98232 housing inventory by bedroom type for November 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 8.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98232, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 98232 in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 98232, WA
How long does it take to sell a home in 98232, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 200 Days | 78 Days | -60.7% |
Summary: Homes in 98232 had an average of 78 days on market in Nov 2024, down by 60.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 98232 has remained consistent over time.
Summary: During November 2024, 3 homes were sold in 98232; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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.