$7,243 Closing Credit*
$609,900
2,178 SqFt
3 Beds
•3 Baths
Gina Snyder, Listing Office: John L Scott, Spokane Valley
Is 99206, 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, 99206 has remained a Seller's Market.
Key Takeaway
99206 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 99206, WA
How much do homes in 99206, WA cost?
Median Sold Price
$429,941
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,941(+2.4%)
Key Takeaway
Homes in 99206 have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in 99206 was $429,941 in October 2024, up 2.4% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | $163K | +8.7% |
| 2 Bedrooms | $320K | $313.5K | -2.0% |
| 3 Bedrooms | $390K | $397.2K | +1.9% |
| 4 Bedrooms | $440K | $454.7K | +3.4% |
| 5+ Bedrooms | $535K | $511.9K | -4.3% |
Summary: 99206 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.7%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes decreased by 4.3%.
Housing Supply in 99206, WA
How many homes are available in 99206, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 142 | 167 | +17.6% |
Summary: The 99206 real estate market had 167 homes for sale in October 2024, a 17.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 36 | 45 | +25.0% |
| 4 Bedrooms | 59 | 74 | +25.4% |
| 5+ Bedrooms | 35 | 36 | +2.9% |
Summary: The 99206 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 25.4%, and 5+ bedroom homes increased by 2.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 33 | 40 | +21.2% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 99206, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 40 homes were sold or pending in 99206 in October 2024, up by 21.2% month-over-month. Of the 40 sold homes, 40% were sold under asking, 33% were sold at asking, and 28% were sold over asking.
Days on Market for 99206, WA
How long does it take to sell a home in 99206, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 28 Days | -7.9% |
Summary: Homes in 99206 had an average of 28 days on market in Oct 2024, down by 7.9% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 99206 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 40 homes were sold in 99206; 65% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 5% 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.