Is Orting, 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, Orting has remained a Seller's Market.
Housing Prices in Orting, WA
How much do homes in Orting, WA cost?
Median Sold Price
$529,000
$290/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Orting was $529,000 in April 2024, up 0.8% from last year, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $280K | $325K | +16.1% |
2 Bedrooms | $395K | $460K | +16.5% |
3 Bedrooms | $485K | $485K | 0.0% |
4 Bedrooms | $559.9K | $580K | +3.6% |
5+ Bedrooms | $596.6K | $620K | +3.9% |
Summary: Orting housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.1%, 2 bedroom homes increased by 16.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 3.9%.
Median Sold Price Compared To Nearby Cities
Graham | $522.9K | $537.2K | +2.7% |
Orting | $525K | $529K | +0.8% |
Housing Supply in Orting, WA
How many homes are available in Orting, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
45 | 62 | +37.8% |
Summary: The Orting real estate market had 62 homes for sale in April 2024, a 37.8% increase 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 | 0 | 3 | +100.0% |
3 Bedrooms | 23 | 31 | +34.8% |
4 Bedrooms | 14 | 19 | +35.7% |
5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Orting 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 increased by 100%, 3 bedroom homes increased by 34.8%, 4 bedroom homes increased by 35.7%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 14 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Orting in April 2024, the same as the previous month. Of the 14 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Orting, WA
How long does it take to sell a home in Orting, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 13 Days | -52.8% |
Summary: Homes in Orting had an average of 13 days on market in Apr 2024, down by 52.8% compared to last year.
Breakdown of Home Sale Times
11 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, 14 homes were sold in Orting; 79% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.