Is Granite Falls, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Granite Falls has remained a Seller's Market.
Key Takeaway
Granite Falls is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Granite Falls, WA
How much do homes in Granite Falls, WA cost?
Median Sold Price
$524,950
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
The sold price of homes in Granite Falls has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $252.5K | $347K | +37.4% |
| 2 Bedrooms | $248K | $440.7K | +77.7% |
| 3 Bedrooms | $500K | $510K | +2.0% |
| 4 Bedrooms | $550K | $619.5K | +12.6% |
| 5+ Bedrooms | $631K | $655K | +3.8% |
Summary: Granite Falls housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.4%, 2 bedroom homes increased by 77.7%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 12.6%, and 5+ bedroom homes increased by 3.8%.
Housing Supply in Granite Falls, WA
How many homes are available in Granite Falls, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 37 | 36 | -2.7% |
Summary: The Granite Falls real estate market had 36 homes for sale in May 2024, a 2.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 6 | 0.0% |
| 3 Bedrooms | 21 | 22 | +4.8% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 3 | 0 | -100.0% |
Summary: The Granite Falls housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 9 | -55.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Granite Falls, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 9 homes were sold or pending in Granite Falls in May 2024, down by 55.0% month-over-month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.
Days on Market for Granite Falls, WA
How long does it take to sell a home in Granite Falls, WA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 7 Days | 5 Days | -27.7% |
Summary: Homes in Granite Falls had an average of 5 days on market in May 2024, down by 27.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Granite Falls are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 9 homes were sold in Granite Falls; 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 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.