$9,203 Closing Credit*
$775,000
3,595 SqFt
4 Beds
•3 Baths
Kim Hillman, Listing Office: eXp Realty, LLC Branch
Is 99005, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 99005 has remained a Seller's Market.
Key Takeaway
99005 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 99005, WA
How much do homes in 99005, WA cost?
Median Sold Price
$626,200
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,200(+6.3%)
Key Takeaway
Homes in 99005 have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in 99005 was $626,200 in October 2024, up 6.3% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $376K | - | N/A |
| 2 Bedrooms | $470K | $450K | -4.3% |
| 3 Bedrooms | $543.5K | $634.9K | +16.8% |
| 4 Bedrooms | $588K | $607.5K | +3.3% |
| 5+ Bedrooms | $640K | $657.5K | +2.7% |
Summary: 99005 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 decreased by 4.3%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 2.7%.
Housing Supply in 99005, WA
How many homes are available in 99005, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 55 | 61 | +10.9% |
Summary: The 99005 real estate market had 61 homes for sale in October 2024, a 10.9% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 27 | 30 | +11.1% |
| 5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The 99005 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 decreased by 50%, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 13 | +85.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 99005, expect to pay close to the asking price. 61.5% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in 99005 in October 2024, up by 85.7% month-over-month. Of the 13 sold homes, 23% were sold under asking, 62% were sold at asking, and 15% were sold over asking.
Days on Market for 99005, WA
How long does it take to sell a home in 99005, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 38 Days | 32 Days | -14.9% |
Summary: Homes in 99005 had an average of 32 days on market in Oct 2024, down by 14.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 99005 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 99005; 54% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS 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.