$6,994 Closing Credit*
$589,000
3,174 SqFt
5 Beds
•3 Baths
Rich King, Listing Office: Keller Williams Spokane - Main
Is 99037, 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, 99037 was a Neutral Market.
Key Takeaway
99037 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 99037, WA
How much do homes in 99037, WA cost?
Median Sold Price
$515,500
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,500(+3.1%)
Key Takeaway
Homes in 99037 have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in 99037 was $515,500 in November 2024, up 3.1% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $278K | - | N/A |
| 2 Bedrooms | $365K | $410K | +12.3% |
| 3 Bedrooms | $447K | $435.5K | -2.6% |
| 4 Bedrooms | $488.3K | $474.9K | -2.7% |
| 5+ Bedrooms | $640K | $583.7K | -8.8% |
Summary: 99037 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 12.3%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 8.8%.
Housing Supply in 99037, WA
How many homes are available in 99037, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 61 | 0.0% |
Summary: The 99037 real estate market had 61 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 | 2 | 2 | 0.0% |
| 3 Bedrooms | 18 | 13 | -27.8% |
| 4 Bedrooms | 21 | 24 | +14.3% |
| 5+ Bedrooms | 20 | 22 | +10.0% |
Summary: The 99037 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 27.8%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 16 | 7 | -56.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 99037, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in 99037 in November 2024, down by 56.3% month-over-month. Of the 7 sold homes, 29% were sold under asking, 57% were sold at asking, and 14% were sold over asking.
Days on Market for 99037, WA
How long does it take to sell a home in 99037, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 10 Days | 13 Days | +27.7% |
Summary: Homes in 99037 had an average of 13 days on market in Nov 2024, up by 27.7% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 99037 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in 99037; 86% of homes were sold within 30 days, 14% 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.
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.