$350,000
53.83 Acres
Land
Brandon Douglass, Listing Office: Windermere RE K-2 Realty
Is 98837, 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, 98837 was a Seller's Market.
Key Takeaway
98837 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 98837, WA
How much do homes in 98837, WA cost?
Median Sold Price
$340,000
$229/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since November 2023.
Key Takeaway
The sold price of homes in 98837 has remained the same since last year.
Summary: The median home sold price in 98837 was $340,000 in November 2024, the same as last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $317K | +134.8% |
| 2 Bedrooms | $235K | $249K | +6.0% |
| 3 Bedrooms | $330.6K | $329.9K | -0.2% |
| 4 Bedrooms | $412.5K | $421.5K | +2.2% |
| 5+ Bedrooms | $541.2K | $445.9K | -17.6% |
Summary: 98837 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 134.8%, 2 bedroom homes increased by 6%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 2.2%, and 5+ bedroom homes decreased by 17.6%.
Housing Supply in 98837, WA
How many homes are available in 98837, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 215 | 215 | 0.0% |
Summary: The 98837 real estate market had 215 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 | 1 | 0 | -100.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 127 | 127 | 0.0% |
| 4 Bedrooms | 55 | 56 | +1.8% |
| 5+ Bedrooms | 22 | 23 | +4.5% |
Summary: The 98837 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 10%, 3 bedroom homes remained the same, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 37 | 19 | -48.6% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98837, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 98837 in November 2024, down by 48.6% month-over-month. Of the 19 sold homes, 47% were sold under asking, 26% were sold at asking, and 26% were sold over asking.
Days on Market for 98837, WA
How long does it take to sell a home in 98837, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 47 Days | 61 Days | +31.0% |
Summary: Homes in 98837 had an average of 61 days on market in Nov 2024, up by 31% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 98837 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in 98837; 42% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 26% 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.