Is Fircrest, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fircrest is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Fircrest has remained a Seller's Market.

Key Takeaway

Fircrest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Fircrest, WA

How much do homes in Fircrest, WA cost?

Median Sold Price

$610,000

$304/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$1,250(-0.2%)

Key Takeaway

The sold price of homes in Fircrest has remained the same since last year.

Summary: The median home sold price in Fircrest was $610,000 in October 2024, down 0.2% from last year, and the median price per square foot was $304.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $315K$717K
+127.6%
2 $470K$612K
+30.2%
3 $580K$543.1K
-6.4%
4 $633.7K$665K
+4.9%
5+ $735K$617.5K
-16.0%

Summary: Fircrest housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 127.6%, 2 bedroom homes increased by 30.2%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 16%.

Median Sold Price Compared To Nearby Cities

Tacoma
+6.6%
University Place
+2.6%
Fircrest
-0.2%

Housing Supply in Fircrest, WA

How many homes are available in Fircrest, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2123+9.5%

Summary: The Fircrest real estate market had 23 homes for sale in October 2024, a 9.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 912
+33.3%
4 97
-22.2%
5+ 11
0.0%

Summary: The Fircrest 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 increased by 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
770.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fircrest, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Fircrest in October 2024, the same as the previous month. Of the 7 sold homes, 29% were sold under asking, 57% were sold at asking, and 14% were sold over asking.

Days on Market for Fircrest, WA

How long does it take to sell a home in Fircrest, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
23 Days17 Days-25.3%

Summary: Homes in Fircrest had an average of 17 days on market in Oct 2024, down by 25.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Fircrest are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 7 homes were sold in Fircrest; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Fircrest, WA

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