$10,000 Closing Credit*
$950,000
3,706 SqFt
5 Beds
•3 Full Baths
Marci Caputo, Mark Long, Listing Office: Luxe Realty, LLC
Is 98685, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 98685 was a Seller's Market.
Key Takeaway
98685 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 98685, WA
How much do homes in 98685, WA cost?
Median Sold Price
$599,500
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,250(+3.5%)
Key Takeaway
Homes in 98685 have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in 98685 was $599,500 in October 2024, up 3.5% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $400K | N/A |
| 2 Bedrooms | $337K | $350K | +3.9% |
| 3 Bedrooms | $500K | $540K | +8.0% |
| 4 Bedrooms | $660K | $675K | +2.3% |
| 5+ Bedrooms | $1.0M | $770K | -23.0% |
Summary: 98685 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes decreased by 23%.
Housing Supply in 98685, WA
How many homes are available in 98685, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 148 | 153 | +3.4% |
Summary: The 98685 real estate market had 153 homes for sale in October 2024, a 3.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 20 | 21 | +5.0% |
| 3 Bedrooms | 49 | 44 | -10.2% |
| 4 Bedrooms | 56 | 58 | +3.6% |
| 5+ Bedrooms | 23 | 30 | +30.4% |
Summary: The 98685 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 10.2%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 30.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 23 | -32.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98685, you may be able to get a good deal. 39.1% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 98685 in October 2024, down by 32.4% month-over-month. Of the 23 sold homes, 39% were sold under asking, 30% were sold at asking, and 30% were sold over asking.
Days on Market for 98685, WA
How long does it take to sell a home in 98685, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 46 Days | +47.0% |
Summary: Homes in 98685 had an average of 46 days on market in Oct 2024, up by 47% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 98685 has remained consistent over time.
Summary: During October 2024, 23 homes were sold in 98685; 30% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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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.