Is Sifton, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Sifton has remained a Seller's Market.
Housing Prices in Sifton, WA
How much do homes in Sifton, WA cost?
Median Sold Price
$460,000
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Sifton was $460,000 in April 2024, up 2.2% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $260K | - | N/A |
2 Bedrooms | $425K | $510K | +20.0% |
3 Bedrooms | $435K | $440K | +1.1% |
4 Bedrooms | $502K | $527.5K | +5.1% |
5+ Bedrooms | $602.5K | $514.5K | -14.6% |
Summary: Sifton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 14.6%.
Housing Supply in Sifton, WA
How many homes are available in Sifton, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 53 | -1.9% |
Summary: The Sifton real estate market had 53 homes for sale in April 2024, a 1.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 38 | 36 | -5.3% |
4 Bedrooms | 10 | 12 | +20.0% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Sifton housing inventory by bedroom type for April 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 5.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 11 | -8.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Sifton in April 2024, down by 8.3% month-over-month. Of the 11 sold homes, 9% were sold under asking, 27% were sold at asking, and 64% were sold over asking.
Days on Market for Sifton, WA
How long does it take to sell a home in Sifton, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
39 Days | 16 Days | -59.6% |
Summary: Homes in Sifton had an average of 16 days on market in Apr 2024, down by 59.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Sifton; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.