Home Sales Fall in 97048 Zip Code Real Estate Market

In this week's report, the number of homes sold in the 97048 zip code market plummeted to three over the past 30 days. It marked a decrease of 57.1% from last week's report and a fall below the monthly average. Within the same time frame, the 98632 zip code had 72 sales, the most of all zip codes in the area. Potential buyers should note that prices are coming down in the 97048 zip code, and for this period the median sales price slid from $186,800 to $178,100. Along with the slip in sales, a relatively high 10 months of inventory indicates that the 97048 zip code is a definite buyer's market.

Want a more traditional home in the 97048 zip code? Then start your search with these listings that were built before most others in the market:

$529K   $695K   $270K  

Get started right now by checking out 97048 homes for sale or reviewing 97048 real estate trends.

Demographic facts for the 97048 zip code:

  • There are 8.6% vacant homes.
  • Average number of sunny days is 142 per year. (U.S. average: 205)
  • The student-to-librarian ratio is 340:1. (803:1 = national average)

Data reported through 10/12/2016

Comments:


©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.