$4,156 Closing Credit*
$350,000
1,950 SqFt
5 Beds
•2 Baths
Ryan Towner, Listing Office: LT Real Estate
Is West Central, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$340,000
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+6.3%)
Key Takeaway
Homes in West Central have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in West Central was $340,000 in November 2024, up 6.3% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $209.4K | +19.7% |
| 2 Bedrooms | $270K | $290K | +7.4% |
| 3 Bedrooms | $320K | $360K | +12.5% |
| 4 Bedrooms | $320K | $358.2K | +12.0% |
| 5+ Bedrooms | $365K | $155K | -57.5% |
Summary: West Central housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.7%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 57.5%.
Median Sold Price Compared To Nearby Neighborhoods
| West Central | $320K | $340K | +6.3% |
| Nettletons | $323.5K | $340K | +5.1% |
Housing Supply in West Central, WA
How many homes are available in West Central, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 37 | +15.6% |
Summary: The West Central real estate market had 37 homes for sale in November 2024, a 15.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The West Central housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in West Central, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in West Central in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 39 Days | 16 Days | -58.6% |
Summary: Homes in West Central had an average of 16 days on market in Nov 2024, down by 58.6% 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 West Central are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 4 homes were sold in West Central; 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 Spokane Association of REALTORS® MLS as distributed by MLS GRID.