$5,640 Closing Credit*
$474,950
1,524 SqFt
3 Beds
•2 Full Baths, 1 Partial
Lisa Trout, Listing Office: Better Properties Kent LLC
Is Lipoma Firs, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Lipoma Firs was a Buyer's Market.
Key Takeaway
Lipoma Firs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lipoma Firs, WA
How much do homes in Lipoma Firs, WA cost?
Median Sold Price
$558,700
$270/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$33,700(+6.4%)
Key Takeaway
Homes in Lipoma Firs have sold for 6.4% more than they did a year ago.
Summary: The median home sold price in Lipoma Firs was $558,700 in October 2024, up 6.4% from last year, and the median price per square foot was $270.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $410K | $425K | +3.7% |
| 3 Bedrooms | $482.9K | $514.9K | +6.6% |
| 4 Bedrooms | $522.1K | $575K | +10.1% |
| 5+ Bedrooms | $600K | $665K | +10.8% |
Summary: Lipoma Firs housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 10.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Sunrise | $632.6K | $689.2K | +9.0% |
| Lipoma Firs | $525K | $558.7K | +6.4% |
Housing Supply in Lipoma Firs, WA
How many homes are available in Lipoma Firs, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Summary: The Lipoma Firs real estate market had 24 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The Lipoma Firs 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 remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lipoma Firs, expect to pay close to the asking price. 62.5% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Lipoma Firs in October 2024, up by 166.7% month-over-month. Of the 8 sold homes, 13% were sold under asking, 63% were sold at asking, and 25% were sold over asking.
Days on Market for Lipoma Firs, WA
How long does it take to sell a home in Lipoma Firs, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 11 Days | 28 Days | +149.3% |
Summary: Homes in Lipoma Firs had an average of 28 days on market in Oct 2024, up by 149.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lipoma Firs are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Lipoma Firs; 63% of homes were sold within 30 days, 38% 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.