$99,999
0.17 Acres
Land
Dustin Cramer, Listing Office: Amplify Real Estate Services
Is 99218, 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, 99218 has remained a Seller's Market.
Key Takeaway
99218 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 99218, WA
How much do homes in 99218, WA cost?
Median Sold Price
$471,500
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,500(+1.4%)
Key Takeaway
Homes in 99218 have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in 99218 was $471,500 in October 2024, up 1.4% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $272.2K | $276K | +1.4% |
| 3 Bedrooms | $429.5K | $463.4K | +7.9% |
| 4 Bedrooms | $451.2K | $470K | +4.2% |
| 5+ Bedrooms | $528K | $512.5K | -2.9% |
Summary: 99218 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 increased by 1.4%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes decreased by 2.9%.
Housing Supply in 99218, WA
How many homes are available in 99218, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 38 | -19.1% |
Summary: The 99218 real estate market had 38 homes for sale in October 2024, a 19.1% decrease 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 | 1 | 0 | -100.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 24 | 18 | -25.0% |
| 5+ Bedrooms | 15 | 11 | -26.7% |
Summary: The 99218 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 decreased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 26.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 99218, expect to pay close to the asking price. 71.4% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in 99218 in October 2024, down by 36.4% month-over-month. Of the 7 sold homes, 0% were sold under asking, 71% were sold at asking, and 29% were sold over asking.
Days on Market for 99218, WA
How long does it take to sell a home in 99218, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 8 Days | -63.2% |
Summary: Homes in 99218 had an average of 8 days on market in Oct 2024, down by 63.2% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 99218 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in 99218; 100% of homes were sold within 30 days, 0% 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.