Is Graham-Thrift, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Graham-Thrift is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Graham-Thrift has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Graham-Thrift, WA

How much do homes in Graham-Thrift, WA cost?

Median Sold Price

$549,999

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,021(+4.8%)

Key Takeaway

Homes in Graham-Thrift have sold for 4.8% more than they did a year ago.

Summary: The median home sold price in Graham-Thrift was $549,999 in November 2024, up 4.8% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $387.5K$350K
-9.7%
2 $410K$425K
+3.7%
3 $485.5K$508.6K
+4.8%
4 $554.9K$595K
+7.2%
5+ $606.8K$675K
+11.2%

Summary: Graham-Thrift housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.7%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 11.2%.

Median Sold Price Compared To Nearby Cities

Graham
+7.5%
Spanaway
+5.9%
Graham-Thrift
+4.8%
Fort Lewis-DuPont
-1.4%
Mount Rainier
-4.8%

Housing Supply in Graham-Thrift, WA

How many homes are available in Graham-Thrift, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
517453-12.4%

Summary: The Graham-Thrift real estate market had 453 homes for sale in November 2024, a 12.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 2827
-3.6%
3 223197
-11.7%
4 198169
-14.6%
5+ 6558
-10.8%

Summary: The Graham-Thrift housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 11.7%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes decreased by 10.8%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
146103-29.5%

Asking Price vs. Sold Price

30 Homes Were Sold
Under Asking

37 Homes Were Sold
At Asking

36 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Graham-Thrift, expect to pay close to the asking price. 35.9% of homes here sold near the asking price last month.

Summary: A total of 103 homes were sold or pending in Graham-Thrift in November 2024, down by 29.5% month-over-month. Of the 103 sold homes, 29% were sold under asking, 36% were sold at asking, and 35% were sold over asking.

Days on Market for Graham-Thrift, WA

How long does it take to sell a home in Graham-Thrift, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days44 Days+108.1%

Summary: Homes in Graham-Thrift had an average of 44 days on market in Nov 2024, up by 108.1% compared to last year.

Breakdown of Home Sale Times

56 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 103 homes were sold in Graham-Thrift; 54% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 17% 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 17 Days Ago

Newest Listings in Graham-Thrift, WA

Nearby Markets to Graham-Thrift, WA

What housing markets are near Graham-Thrift, WA?