$10,000 Closing Credit*
$950,000
2,726 SqFt
3 Beds
•4 Baths
Joanne Pettit, Listing Office: John L Scott, Inc.
Is 99003, 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, 99003 was a Seller's Market.
Key Takeaway
99003 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 99003, WA
How much do homes in 99003, WA cost?
Median Sold Price
$550,000
$232/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$80,000(-12.7%)
Key Takeaway
Homes in 99003 have sold for 12.7% less than they did a year ago.
Summary: The median home sold price in 99003 was $550,000 in November 2024, down 12.7% from last year, and the median price per square foot was $232.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $270K | - | N/A |
| 2 Bedrooms | $325K | $524.5K | +61.4% |
| 3 Bedrooms | $590K | $574.5K | -2.6% |
| 4 Bedrooms | $648.3K | $610K | -5.9% |
| 5+ Bedrooms | $685K | $540K | -21.2% |
Summary: 99003 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 61.4%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 21.2%.
Housing Supply in 99003, WA
How many homes are available in 99003, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Summary: The 99003 real estate market had 22 homes for sale in November 2024, a 10.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 8 | 7 | -12.5% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 99003 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 12.5%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 99003, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 99003 in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 99003, WA
How long does it take to sell a home in 99003, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 8 Days | -54.9% |
Summary: Homes in 99003 had an average of 8 days on market in Nov 2024, down by 54.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 99003 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 99003; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.