$5,878 Closing Credit*
$495,000
3 Beds
•2 Baths
Kathryn Barron, Listing Office: Best Choice Realty
Is 99203, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 99203 has remained a Seller's Market.
Key Takeaway
99203 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 99203, WA
How much do homes in 99203, WA cost?
Median Sold Price
$528,300
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$38,300(+7.8%)
Key Takeaway
Homes in 99203 have sold for 7.8% more than they did a year ago.
Summary: The median home sold price in 99203 was $528,300 in November 2024, up 7.8% 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 | - | $207.5K | N/A |
| 2 Bedrooms | $366K | $372.5K | +1.8% |
| 3 Bedrooms | $458.5K | $461.8K | +0.7% |
| 4 Bedrooms | $524.2K | $595K | +13.5% |
| 5+ Bedrooms | $635.5K | $625K | -1.7% |
Summary: 99203 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 1.8%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes decreased by 1.7%.
Housing Supply in 99203, WA
How many homes are available in 99203, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 112 | 103 | -8.0% |
Summary: The 99203 real estate market had 103 homes for sale in November 2024, a 8.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 28 | 33 | +17.9% |
| 4 Bedrooms | 48 | 38 | -20.8% |
| 5+ Bedrooms | 25 | 22 | -12.0% |
Summary: The 99203 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 9.1%, 3 bedroom homes increased by 17.9%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes decreased by 12%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 19 | -26.9% |
Asking Price vs. Sold Price
14 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 99203, you may be able to get a good deal. 73.7% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 99203 in November 2024, down by 26.9% month-over-month. Of the 19 sold homes, 74% were sold under asking, 21% were sold at asking, and 5% were sold over asking.
Days on Market for 99203, WA
How long does it take to sell a home in 99203, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 30 Days | 40 Days | +34.1% |
Summary: Homes in 99203 had an average of 40 days on market in Nov 2024, up by 34.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 99203 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 19 homes were sold in 99203; 53% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 16% 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.