$6,293 Closing Credit*
$529,900
1,825 SqFt
3 Beds
•2 Full Baths, 1 Partial
Shay Howsmon, Listing Office: Keller Williams-Premier Prtnrs
Is 98625, 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, 98625 has remained a Seller's Market.
Key Takeaway
98625 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 98625, WA
How much do homes in 98625, WA cost?
Median Sold Price
$495,000
$278/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$17,500(-3.4%)
Key Takeaway
Homes in 98625 have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in 98625 was $495,000 in November 2024, down 3.4% from last year, and the median price per square foot was $278.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $560K | $345K | -38.4% |
| 2 Bedrooms | $526.2K | $400K | -24.0% |
| 3 Bedrooms | $510K | $490K | -3.9% |
| 4 Bedrooms | $510K | $565K | +10.8% |
| 5+ Bedrooms | $639K | $900K | +40.8% |
Summary: 98625 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.4%, 2 bedroom homes decreased by 24%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 40.8%.
Housing Supply in 98625, WA
How many homes are available in 98625, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 63 | 56 | -11.1% |
Summary: The 98625 real estate market had 56 homes for sale in November 2024, a 11.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 5 | 2 | -60.0% |
| 3 Bedrooms | 29 | 21 | -27.6% |
| 4 Bedrooms | 23 | 27 | +17.4% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 98625 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 60%, 3 bedroom homes decreased by 27.6%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 11 | +10.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98625, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 98625 in November 2024, up by 10.0% month-over-month. Of the 11 sold homes, 55% were sold under asking, 27% were sold at asking, and 18% were sold over asking.
Days on Market for 98625, WA
How long does it take to sell a home in 98625, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 86 Days | 91 Days | +5.7% |
Summary: Homes in 98625 had an average of 91 days on market in Nov 2024, up by 5.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 98625 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 11 homes were sold in 98625; 36% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 55% 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.