$5,937 Closing Credit*
$499,999
2,020 SqFt
4 Beds
•3 Baths
Janna McRoy, Listing Office: Solid Ground Real Estate
Is 99218, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 99218 was a Seller's Market.
Key Takeaway
99218 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 99218, WA
How much do homes in 99218, WA cost?
Median Sold Price
$471,750
$187/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,250(+0.7%)
Key Takeaway
Homes in 99218 have sold for 0.7% more than they did a year ago.
Summary: The median home sold price in 99218 was $471,750 in November 2024, up 0.7% from last year, and the median price per square foot was $187.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $272.2K | $278K | +2.1% |
| 3 Bedrooms | $435.7K | $473K | +8.5% |
| 4 Bedrooms | $452.5K | $470K | +3.9% |
| 5+ Bedrooms | $528K | $492.9K | -6.6% |
Summary: 99218 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 2.1%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 6.6%.
Housing Supply in 99218, WA
How many homes are available in 99218, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 35 | 30 | -14.3% |
Summary: The 99218 real estate market had 30 homes for sale in November 2024, a 14.3% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 8 | 5 | -37.5% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 10 | 8 | -20.0% |
Summary: The 99218 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 increased by 100%, 3 bedroom homes decreased by 37.5%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 5 | -44.4% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 99218, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 99218 in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 46 Days | +84.0% |
Summary: Homes in 99218 had an average of 46 days on market in Nov 2024, up by 84% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 99218 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in 99218; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.