$2,126 Closing Credit*
$179,000
704 SqFt
1 Bed
•1 Bath
Jason Finley, Listing Office: EXIT Real Estate Professionals
Is 99202, 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, 99202 was a Seller's Market.
Key Takeaway
99202 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 99202, WA
How much do homes in 99202, WA cost?
Median Sold Price
$320,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,700(+6.9%)
Key Takeaway
Homes in 99202 have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in 99202 was $320,000 in November 2024, up 6.9% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $155K | -11.5% |
| 2 Bedrooms | $259K | $255K | -1.5% |
| 3 Bedrooms | $325K | $335K | +3.1% |
| 4 Bedrooms | $347.5K | $360K | +3.6% |
| 5+ Bedrooms | $377.5K | $340K | -9.9% |
Summary: 99202 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.5%, 2 bedroom homes decreased by 1.5%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes decreased by 9.9%.
Housing Supply in 99202, WA
How many homes are available in 99202, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 73 | 64 | -12.3% |
Summary: The 99202 real estate market had 64 homes for sale in November 2024, a 12.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 18 | 14 | -22.2% |
| 3 Bedrooms | 24 | 23 | -4.2% |
| 4 Bedrooms | 18 | 14 | -22.2% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 99202 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 decreased by 22.2%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 8 | -61.9% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 99202, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 99202 in November 2024, down by 61.9% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for 99202, WA
How long does it take to sell a home in 99202, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 36 Days | +25.4% |
Summary: Homes in 99202 had an average of 36 days on market in Nov 2024, up by 25.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 99202 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 8 homes were sold in 99202; 50% of homes were sold within 30 days, 50% 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.