$5,818 Closing Credit*
$489,900
2,480 SqFt
3 Beds
•2 Baths
Maria Walker, Listing Office: Windermere Manito, LLC
Is 99212, 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, 99212 has remained a Seller's Market.
Key Takeaway
99212 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 99212, WA
How much do homes in 99212, WA cost?
Median Sold Price
$380,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+8.6%)
Key Takeaway
Homes in 99212 have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in 99212 was $380,000 in November 2024, up 8.6% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $184.5K | $196.8K | +6.7% |
| 2 Bedrooms | $272.5K | $266.5K | -2.2% |
| 3 Bedrooms | $350.6K | $375K | +7.0% |
| 4 Bedrooms | $422.5K | $451K | +6.7% |
| 5+ Bedrooms | $495K | $600K | +21.2% |
Summary: 99212 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 21.2%.
Housing Supply in 99212, WA
How many homes are available in 99212, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 100 | 81 | -19.0% |
Summary: The 99212 real estate market had 81 homes for sale in November 2024, a 19.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 38 | 35 | -7.9% |
| 4 Bedrooms | 33 | 22 | -33.3% |
| 5+ Bedrooms | 13 | 11 | -15.4% |
Summary: The 99212 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 15.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 15 | -42.3% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 99212, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 99212 in November 2024, down by 42.3% month-over-month. Of the 15 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for 99212, WA
How long does it take to sell a home in 99212, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 32 Days | +28.6% |
Summary: Homes in 99212 had an average of 32 days on market in Nov 2024, up by 28.6% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 99212 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in 99212; 73% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.