$10,000 Closing Credit*
$1,100,000
2,321 SqFt
3 Beds
•2 Full Baths, 1 Partial
Susan Fogde, Listing Office: Better Properties Gig Harbor
Is 98333, 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, 98333 has remained a Seller's Market.
Key Takeaway
98333 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 98333, WA
How much do homes in 98333, WA cost?
Median Sold Price
$1,125,000
$424/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$215,000(+23.6%)
Key Takeaway
Homes in 98333 have sold for 23.6% more than they did a year ago.
Summary: The median home sold price in 98333 was $1,125,000 in November 2024, up 23.6% from last year, and the median price per square foot was $424.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $1.8M | N/A |
| 2 Bedrooms | $615K | $540K | -12.2% |
| 3 Bedrooms | $850K | $1.0M | +17.6% |
| 4 Bedrooms | $1.2M | $1.4M | +11.9% |
| 5+ Bedrooms | $1.3M | $1.3M | +6.3% |
Summary: 98333 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.2%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 6.3%.
Housing Supply in 98333, WA
How many homes are available in 98333, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 15 | -40.0% |
Summary: The 98333 real estate market had 15 homes for sale in November 2024, a 40.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 18 | 11 | -38.9% |
| 4 Bedrooms | 5 | 2 | -60.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 98333 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 38.9%, 4 bedroom homes decreased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98333, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 98333 in November 2024, down by 54.5% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for 98333, WA
How long does it take to sell a home in 98333, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 109 Days | +137.4% |
Summary: Homes in 98333 had an average of 109 days on market in Nov 2024, up by 137.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 98333 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 5 homes were sold in 98333; 20% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 80% 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.