$10,000 Closing Credit*
$1,079,900
1,678 SqFt
4 Beds
•2 Full Baths, 1 Partial
Andy Sather, Listing Office: John L. Scott, Inc.
Is Central, 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, Central has remained a Seller's Market.
Key Takeaway
Central is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Central, WA
How much do homes in Central, WA cost?
Median Sold Price
$930,000
$580/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$58,500(+6.7%)
Key Takeaway
Homes in Central have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Central was $930,000 in November 2024, up 6.7% from last year, and the median price per square foot was $580.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $377.5K | $365K | -3.3% |
| 2 Bedrooms | $679.9K | $735K | +8.1% |
| 3 Bedrooms | $950K | $968.7K | +2.0% |
| 4 Bedrooms | $1.3M | $1.5M | +16.0% |
| 5+ Bedrooms | $1.9M | $1.6M | -16.5% |
Summary: Central housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.3%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 16.5%.
Housing Supply in Central, WA
How many homes are available in Central, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 159 | 139 | -12.6% |
Summary: The Central real estate market had 139 homes for sale in November 2024, a 12.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 18 | 16 | -11.1% |
| 2 Bedrooms | 46 | 45 | -2.2% |
| 3 Bedrooms | 63 | 54 | -14.3% |
| 4 Bedrooms | 28 | 18 | -35.7% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Central housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 49 | 36 | -26.5% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in Central in November 2024, down by 26.5% month-over-month. Of the 36 sold homes, 56% were sold under asking, 36% were sold at asking, and 8% were sold over asking.
Days on Market for Central, WA
How long does it take to sell a home in Central, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 37 Days | 41 Days | +11.4% |
Summary: Homes in Central had an average of 41 days on market in Nov 2024, up by 11.4% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 36 homes were sold in Central; 58% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service 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.