$2,200,000
1.20 Acres
Land
Eric Tucker, Listing Office: John L Scott, Inc.
Is 99201, 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, 99201 was a Seller's Market.
Key Takeaway
99201 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 99201, WA
How much do homes in 99201, WA cost?
Median Sold Price
$370,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,000(+13.8%)
Key Takeaway
Homes in 99201 have sold for 13.8% more than they did a year ago.
Summary: The median home sold price in 99201 was $370,000 in November 2024, up 13.8% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $217K | $272K | +25.3% |
| 2 Bedrooms | $325K | $369.5K | +13.7% |
| 3 Bedrooms | $333.6K | $373.7K | +12.0% |
| 4 Bedrooms | $320K | $370K | +15.6% |
| 5+ Bedrooms | $365K | $737.5K | +102.1% |
Summary: 99201 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.3%, 2 bedroom homes increased by 13.7%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 102.1%.
Housing Supply in 99201, WA
How many homes are available in 99201, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 53 | 58 | +9.4% |
Summary: The 99201 real estate market had 58 homes for sale in November 2024, a 9.4% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 14 | 16 | +14.3% |
| 3 Bedrooms | 20 | 22 | +10.0% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The 99201 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 increased by 14.3%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 99201, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 99201 in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 99201, WA
How long does it take to sell a home in 99201, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 19 Days | -57.1% |
Summary: Homes in 99201 had an average of 19 days on market in Nov 2024, down by 57.1% compared to last year.
Breakdown of Home Sale Times
4 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 99201 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 99201; 80% of homes were sold within 30 days, 20% 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.