$3,028 Closing Credit*
$255,000
1,254 SqFt
2 Beds
•1 Bath
Ken Jones, Listing Office: CENTURY 21 Beutler & Associates
Is West Central, 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, West Central was a Seller's Market.
Key Takeaway
West Central is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in West Central, WA
How much do homes in West Central, WA cost?
Median Sold Price
$326,400
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$6,500(+2.0%)
Key Takeaway
Homes in West Central have sold for 2% more than they did a year ago.
Summary: The median home sold price in West Central was $326,400 in October 2024, up 2% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $290K | $192.2K | -33.7% |
| 2 Bedrooms | $270K | $282.5K | +4.6% |
| 3 Bedrooms | $320K | $360K | +12.5% |
| 4 Bedrooms | $320K | $342.5K | +7.0% |
| 5+ Bedrooms | $362.5K | $300K | -17.2% |
Summary: West Central housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.7%, 2 bedroom homes increased by 4.6%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 17.2%.
Median Sold Price Compared To Nearby Neighborhoods
| West Central | $319.9K | $326.4K | +2.0% |
| Nettletons | $320K | $325K | +1.6% |
Housing Supply in West Central, WA
How many homes are available in West Central, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 25 | 39 | +56.0% |
Summary: The West Central real estate market had 39 homes for sale in October 2024, a 56.0% 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 | 5 | 9 | +80.0% |
| 3 Bedrooms | 8 | 16 | +100.0% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The West Central 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 80%, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 1 | -85.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Central, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in West Central in October 2024, down by 85.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for West Central, WA
How long does it take to sell a home in West Central, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 4 Days | -72.7% |
Summary: Homes in West Central had an average of 4 days on market in Oct 2024, down by 72.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Central are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in West Central; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.