New Weakness in New Listings for Rainier Real Estate Market

The Rainier market might be slowing in the coming weeks. Sales stayed steady at nine homes sold over the last 30 days, but there is a recent downward trend in the number of new listings, with three going live in the same time frame. As new listings coming into the market trended lower, the median sales price for the homes that have sold increased, hitting a three-month high at $247,000. There are only two months of inventory available in Rainier, so it's a definite seller's market, even if sales are flat.

Without price being a factor in your decision, these are the top homes being listed in Rainier:

$299K   $269K   $269K  

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

Demographic facts for Rainier:

  • The median age of all homes is 27.
  • The area gets 18.1 inches of snow a year. (U.S. average: 25)
  • The rating in which jobs are expected to grow is 55. (Scale: 1 = Worst, 100 = Best)
  • The average expenditures for each student in the area is $4,379. ($5,691 = national average)

Data reported through 10/12/2016


Ask a local expert about this area:
Best Choice Realty LLC
7 reviews

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