$10,000 Closing Credit*
$999,000
6,806 SqFt
6 Beds
•2 Full Baths
Anita C Carlson, Listing Office: Van Dorm Realty, Inc
Is 98589, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 98589 was a Seller's Market.
Key Takeaway
98589 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 98589, WA
How much do homes in 98589, WA cost?
Median Sold Price
$477,500
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$12,500(+2.7%)
Key Takeaway
Homes in 98589 have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in 98589 was $477,500 in November 2024, up 2.7% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $177.5K | $81.6K | -54.0% |
| 2 Bedrooms | $362K | $392.5K | +8.4% |
| 3 Bedrooms | $475K | $520K | +9.5% |
| 4 Bedrooms | $605K | $485K | -19.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: 98589 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 54%, 2 bedroom homes increased by 8.4%, 3 bedroom homes increased by 9.5%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes did not change.
Housing Supply in 98589, WA
How many homes are available in 98589, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 24 | -31.4% |
Summary: The 98589 real estate market had 24 homes for sale in November 2024, a 31.4% 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 | 6 | 4 | -33.3% |
| 3 Bedrooms | 24 | 17 | -29.2% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 98589 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 decreased by 33.3%, 3 bedroom homes decreased by 29.2%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 4 | -66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 98589, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 98589 in November 2024, down by 66.7% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for 98589, WA
How long does it take to sell a home in 98589, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 78 Days | 33 Days | -57.5% |
Summary: Homes in 98589 had an average of 33 days on market in Nov 2024, down by 57.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 98589 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in 98589; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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.