$8,776 Closing Credit*
$739,000
1,853 SqFt
3 Beds
•2 Full Baths, 1 Partial
Stacie Whitfield, Listing Office: List4FlatFee.com, LLC
Is 98831, 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, 98831 was a Seller's Market.
Key Takeaway
98831 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 98831, WA
How much do homes in 98831, WA cost?
Median Sold Price
$692,000
$399/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$48,000(-6.5%)
Key Takeaway
Homes in 98831 have sold for 6.5% less than they did a year ago.
Summary: The median home sold price in 98831 was $692,000 in November 2024, down 6.5% from last year, and the median price per square foot was $399.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $500 | $375K | +74900.0% |
| 2 Bedrooms | $420K | $495K | +17.9% |
| 3 Bedrooms | $679.7K | $710K | +4.5% |
| 4 Bedrooms | $990K | $754.3K | -23.8% |
| 5+ Bedrooms | $2.8M | $1.4M | -49.3% |
Summary: 98831 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 74900%, 2 bedroom homes increased by 17.9%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 23.8%, and 5+ bedroom homes decreased by 49.3%.
Median Sold Price Compared To Nearby Zip Codes
| 98816 | $552.5K | $734K | +32.9% |
| 98831 | $740K | $692K | -6.5% |
Housing Supply in 98831, WA
How many homes are available in 98831, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 34 | 0.0% |
Summary: The 98831 real estate market had 34 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The 98831 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 increased by 5.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98831, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in 98831 in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 98831, WA
How long does it take to sell a home in 98831, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 70 Days | 158 Days | +123.6% |
Summary: Homes in 98831 had an average of 158 days on market in Nov 2024, up by 123.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 98831 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 1 homes were sold in 98831; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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.