$6,500,000
21.35 Acres
Land
Sheila Lair, Listing Office: Keller Williams Eastside
Is Granite Falls, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Granite Falls has remained a Seller's Market.
Key Takeaway
Granite Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Granite Falls, WA
How much do homes in Granite Falls, WA cost?
Median Sold Price
$530,000
$357/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,025(+3.1%)
Key Takeaway
Homes in Granite Falls have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in Granite Falls was $530,000 in October 2024, up 3.1% from last year, and the median price per square foot was $357.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $325K | $314.5K | -3.2% |
| 2 Bedrooms | $424.5K | $425K | 0.1% |
| 3 Bedrooms | $505K | $525K | +4.0% |
| 4 Bedrooms | $555K | $653.5K | +17.7% |
| 5+ Bedrooms | $632.5K | $698K | +10.4% |
Summary: Granite Falls housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 10.4%.
Housing Supply in Granite Falls, WA
How many homes are available in Granite Falls, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 50 | 51 | +2.0% |
Summary: The Granite Falls real estate market had 51 homes for sale in October 2024, a 2.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 3 | +100.0% |
| 2 Bedrooms | 8 | 7 | -12.5% |
| 3 Bedrooms | 27 | 26 | -3.7% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Granite Falls housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 15 | +25.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Granite Falls, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.
Summary: A total of 15 homes were sold or pending in Granite Falls in October 2024, up by 25.0% month-over-month. Of the 15 sold homes, 27% were sold under asking, 27% were sold at asking, and 47% were sold over asking.
Days on Market for Granite Falls, WA
How long does it take to sell a home in Granite Falls, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 16 Days | -50.0% |
Summary: Homes in Granite Falls had an average of 16 days on market in Oct 2024, down by 50% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Granite Falls are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Granite Falls; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% 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.