$10,000 Closing Credit*
$1,500,000
4,032 SqFt
5 Beds
•3 Full Baths
John Bishop, Travis Bishop, Listing Office: Premiere Property Group, LLC
Is 98604, 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, 98604 was a Seller's Market.
Key Takeaway
98604 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 98604, WA
How much do homes in 98604, WA cost?
Median Sold Price
$585,000
$303/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$2,593(-0.4%)
Key Takeaway
The sold price of homes in 98604 has remained the same since last year.
Summary: The median home sold price in 98604 was $585,000 in November 2024, down 0.4% from last year, and the median price per square foot was $303.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $530.6K | +47.4% |
| 2 Bedrooms | $411K | $380K | -7.5% |
| 3 Bedrooms | $552.8K | $538.1K | -2.6% |
| 4 Bedrooms | $631K | $680K | +7.8% |
| 5+ Bedrooms | $729.8K | $690K | -5.5% |
Summary: 98604 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 47.4%, 2 bedroom homes decreased by 7.5%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes decreased by 5.5%.
Housing Supply in 98604, WA
How many homes are available in 98604, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 244 | 230 | -5.7% |
Summary: The 98604 real estate market had 230 homes for sale in November 2024, a 5.7% 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 | 12 | 12 | 0.0% |
| 3 Bedrooms | 127 | 117 | -7.9% |
| 4 Bedrooms | 85 | 80 | -5.9% |
| 5+ Bedrooms | 20 | 21 | +5.0% |
Summary: The 98604 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 7.9%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 35 | -32.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98604, expect to pay close to the asking price. 48.6% of homes here sold near the asking price last month.
Summary: A total of 35 homes were sold or pending in 98604 in November 2024, down by 32.7% month-over-month. Of the 35 sold homes, 40% were sold under asking, 49% were sold at asking, and 11% were sold over asking.
Days on Market for 98604, WA
How long does it take to sell a home in 98604, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 77 Days | 60 Days | -21.8% |
Summary: Homes in 98604 had an average of 60 days on market in Nov 2024, down by 21.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 98604 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 35 homes were sold in 98604; 46% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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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.