$7,124 Closing Credit*
$599,900
2,047 SqFt
3 Beds
•2 Baths
Molly O Cline, Listing Office: Keller Williams Spokane - Main
Is 99223, 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, 99223 has remained a Seller's Market.
Key Takeaway
99223 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 99223, WA
How much do homes in 99223, WA cost?
Median Sold Price
$491,000
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$10,266(-2.0%)
Key Takeaway
Homes in 99223 have sold for 2% less than they did a year ago.
Summary: The median home sold price in 99223 was $491,000 in November 2024, down 2% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $208K | $212.4K | +2.1% |
| 2 Bedrooms | $285K | $321.1K | +12.7% |
| 3 Bedrooms | $425K | $450K | +5.9% |
| 4 Bedrooms | $525K | $500K | -4.8% |
| 5+ Bedrooms | $603K | $625K | +3.6% |
Summary: 99223 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes increased by 12.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 3.6%.
Housing Supply in 99223, WA
How many homes are available in 99223, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 154 | 152 | -1.3% |
Summary: The 99223 real estate market had 152 homes for sale in November 2024, a 1.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 39 | 40 | +2.6% |
| 4 Bedrooms | 57 | 46 | -19.3% |
| 5+ Bedrooms | 41 | 52 | +26.8% |
Summary: The 99223 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 19.3%, and 5+ bedroom homes increased by 26.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 33 | -2.9% |
Asking Price vs. Sold Price
24 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 99223, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in 99223 in November 2024, down by 2.9% month-over-month. Of the 33 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.
Days on Market for 99223, WA
How long does it take to sell a home in 99223, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 38 Days | +29.7% |
Summary: Homes in 99223 had an average of 38 days on market in Nov 2024, up by 29.7% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 99223 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 33 homes were sold in 99223; 61% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 12% 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.