$7,718 Closing Credit*
$649,950
1,830 SqFt
3 Beds
•2 Full Baths
Ronald Conard, Listing Office: CENTURY 21 Real Estate Center
Is Pacific, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Pacific was a Neutral Market.
Key Takeaway
Pacific is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pacific, WA
How much do homes in Pacific, WA cost?
Median Sold Price
$520,500
$341/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
-$17,000(-3.2%)
Key Takeaway
Homes in Pacific have sold for 3.2% less than they did a year ago.
Summary: The median home sold price in Pacific was $520,500 in September 2024, down 3.2% from last year, and the median price per square foot was $341.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $285K | N/A |
| 2 Bedrooms | $437.5K | $475K | +8.6% |
| 3 Bedrooms | $498K | $507.5K | +1.9% |
| 4 Bedrooms | $600K | $610K | +1.7% |
| 5+ Bedrooms | $650K | $700K | +7.7% |
Summary: Pacific housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Cities
| Federal Way-Auburn | $546.1K | $573.4K | +5.0% |
| Algona | $457.9K | $476.3K | +4.0% |
| Auburn | $598.7K | $593.2K | -0.9% |
| Sumner | $542.5K | $535K | -1.4% |
| Pacific | $537.5K | $520.5K | -3.2% |
Housing Supply in Pacific, WA
How many homes are available in Pacific, WA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Summary: The Pacific real estate market had 20 homes for sale in September 2024, a 5.3% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pacific housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pacific, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Pacific in September 2024, up by 300.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Pacific, WA
How long does it take to sell a home in Pacific, WA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 27 Days | 18 Days | -31.5% |
Summary: Homes in Pacific had an average of 18 days on market in Sep 2024, down by 31.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pacific are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Pacific; 75% of homes were sold within 30 days, 25% 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.