$4,750 Closing Credit*
$400,000
2,100 SqFt
4 Beds
•2 Baths
Collin Kelley, Listing Office: eXp Realty, LLC
Is 99022, 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, 99022 has remained a Seller's Market.
Key Takeaway
99022 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 99022, WA
How much do homes in 99022, WA cost?
Median Sold Price
$465,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$52,500(+12.7%)
Key Takeaway
Homes in 99022 have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in 99022 was $465,000 in October 2024, up 12.7% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $297.4K | $242K | -18.6% |
| 2 Bedrooms | $282.2K | $275K | -2.6% |
| 3 Bedrooms | $400K | $392.5K | -1.9% |
| 4 Bedrooms | $401.2K | $441.5K | +10.0% |
| 5+ Bedrooms | $475K | $530K | +11.6% |
Summary: 99022 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.6%, 2 bedroom homes decreased by 2.6%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 11.6%.
Housing Supply in 99022, WA
How many homes are available in 99022, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 52 | +6.1% |
Summary: The 99022 real estate market had 52 homes for sale in October 2024, a 6.1% 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 | 4 | 5 | +25.0% |
| 3 Bedrooms | 17 | 21 | +23.5% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The 99022 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 25%, 3 bedroom homes increased by 23.5%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 99022, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 99022 in October 2024, up by 50.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 8% were sold at asking, and 42% were sold over asking.
Days on Market for 99022, WA
How long does it take to sell a home in 99022, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 28 Days | +8.9% |
Summary: Homes in 99022 had an average of 28 days on market in Oct 2024, up by 8.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 99022 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in 99022; 67% of homes were sold within 30 days, 25% 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.