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 October 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

$549,955

$275/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$24,955(+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 $549,955 in October 2024, up 4.8% from last year, and the median price per square foot was $275.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $387.5K$340K
-12.3%
2 $410K$427.5K
+4.3%
3 $485.7K$505K
+4.0%
4 $553.6K$595K
+7.5%
5+ $611.2K$665K
+8.8%

Summary: Graham-Thrift housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.3%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 8.8%.

Median Sold Price Compared To Nearby Cities

Spanaway
+7.0%
Graham
+6.7%
Graham-Thrift
+4.8%
Mount Rainier
+0.6%
Fort Lewis-DuPont
-0.7%

Housing Supply in Graham-Thrift, WA

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

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
547526-3.8%

Summary: The Graham-Thrift real estate market had 526 homes for sale in October 2024, a 3.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 3127
-12.9%
3 255230
-9.8%
4 195195
0.0%
5+ 6471
+10.9%

Summary: The Graham-Thrift housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 12.9%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 10.9%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
125127+1.6%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

57 Homes Were Sold
At Asking

38 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. 44.9% of homes here sold near the asking price last month.

Summary: A total of 127 homes were sold or pending in Graham-Thrift in October 2024, up by 1.6% month-over-month. Of the 127 sold homes, 25% were sold under asking, 45% were sold at asking, and 30% 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

Oct 2023Oct 2024CHANGE
37 Days32 Days-13.5%

Summary: Homes in Graham-Thrift had an average of 32 days on market in Oct 2024, down by 13.5% compared to last year.

Breakdown of Home Sale Times

78 Homes Were Sold
Under 30 Days

39 Homes Were Sold
In 30 - 90 Days

10 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 October 2024, 127 homes were sold in Graham-Thrift; 61% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 8% 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

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