$4,014 Closing Credit*
$338,000
1,920 SqFt
3 Beds
•1 Bath
Elizabeth Bendinelli, 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 October 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
$508,166
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,666(+1.1%)
Key Takeaway
Homes in 99203 have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in 99203 was $508,166 in October 2024, up 1.1% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $207.5K | N/A |
| 2 Bedrooms | $372.5K | $369K | -0.9% |
| 3 Bedrooms | $453.5K | $459.9K | +1.4% |
| 4 Bedrooms | $529.4K | $577.5K | +9.1% |
| 5+ Bedrooms | $689.1K | $622.5K | -9.7% |
Summary: 99203 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 9.7%.
Housing Supply in 99203, WA
How many homes are available in 99203, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 111 | 124 | +11.7% |
Summary: The 99203 real estate market had 124 homes for sale in October 2024, a 11.7% 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 | 11 | 11 | 0.0% |
| 3 Bedrooms | 31 | 34 | +9.7% |
| 4 Bedrooms | 44 | 51 | +15.9% |
| 5+ Bedrooms | 25 | 28 | +12.0% |
Summary: The 99203 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 remained the same, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 12%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 23 | -4.2% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 99203, you may be able to get a good deal. 39.1% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 99203 in October 2024, down by 4.2% month-over-month. Of the 23 sold homes, 39% were sold under asking, 39% were sold at asking, and 22% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 14 Days | -42.9% |
Summary: Homes in 99203 had an average of 14 days on market in Oct 2024, down by 42.9% compared to last year.
Breakdown of Home Sale Times
19 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 99203 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in 99203; 83% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.