$7,363 Closing Credit*
$620,000
1,704 SqFt
3 Beds
•2 Full Baths, 1 Partial
Jessica Dunn, Listing Office: Marketplace Sothebys Intl Rty
Is Silver Firs, 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, Silver Firs has remained a Seller's Market.
Key Takeaway
Silver Firs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Silver Firs, WA
How much do homes in Silver Firs, WA cost?
Median Sold Price
$855,000
$451/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$75,000(+9.6%)
Key Takeaway
Homes in Silver Firs have sold for 9.6% more than they did a year ago.
Summary: The median home sold price in Silver Firs was $855,000 in October 2024, up 9.6% from last year, and the median price per square foot was $451.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $685K | N/A |
| 2 Bedrooms | - | $550K | N/A |
| 3 Bedrooms | $750K | $762.9K | +1.7% |
| 4 Bedrooms | $830K | $920K | +10.8% |
| 5+ Bedrooms | - | $900K | N/A |
Summary: Silver 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 did not change, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes did not change.
Housing Supply in Silver Firs, WA
How many homes are available in Silver Firs, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 17 | +21.4% |
Summary: The Silver Firs real estate market had 17 homes for sale in October 2024, a 21.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Silver 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 increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 7 | +133.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Silver Firs, you could pay more than the asking price. 71.4% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Silver Firs in October 2024, up by 133.3% month-over-month. Of the 7 sold homes, 29% were sold under asking, 0% were sold at asking, and 71% were sold over asking.
Days on Market for Silver Firs, WA
How long does it take to sell a home in Silver Firs, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 11 Days | -61.0% |
Summary: Homes in Silver Firs had an average of 11 days on market in Oct 2024, down by 61% compared to last year.
Breakdown of Home Sale Times
6 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 Silver Firs are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 7 homes were sold in Silver Firs; 86% of homes were sold within 30 days, 14% 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.