Investor purchase activity, drawn from the last 12 months of records.
Data last updated
In Spanaway (98387), investors own about 51 tracked properties across 16 active buyers, with a median investor purchase price near $292,000. 18 were acquired in the last 12 months.
Acquisition pace is accelerating: 18 properties bought in the last 12 months against roughly 6 the year before, up about 200%. Competition for contracts is rising, and buyers who were quiet a year ago are active again.
Strategy here skews to value-add / rehab, which accounts for 54.3% of tracked deals. Rehab-oriented money rewards deals other buyers pass on, so condition matters less here than margin.
Investor-held stock here dates to a median of 1979. About 54.3% predates 1980, so lead-paint disclosure, older systems and heavier rehab budgets are normal here.
98387 has 16 active cash buyers holding roughly 51 properties. Fewer than 1.1 purchases per buyer over the past year means buying is thinly spread, so breadth of outreach matters more than any one contact.
Typical deal size in 98387 sits around $292,000. An average of $479,000 against that median means a handful of large purchases are skewing the mean. Use the median when you price, or you will aim high and lose the middle of the market.
Figures describe recorded investor purchases in this ZIP code and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.