Market snapshot

Investor Activity in 98373 (Summit)

Recorded investor purchases and holdings over the past year.

Data last updated

In Summit (98373), investors own about 11 tracked properties across 3 active buyers, with a median investor purchase price near $460,000. 6 were acquired in the last 12 months.

3
Active Cash Buyers
11
Investor-Owned Properties
6
Acquisitions (12 mo)
$460,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)6
Acquisitions (last 24 mo)6
Share acquired in last 12 mo54.5%
Average purchase price$633,000
New construction (30 days)0
New construction (60 days)0
New construction (90 days)0
New construction investments2
Gated contacts available4

Property Characteristics

Top property typeResidential Vacant Land
Median bedrooms3
Median baths1
Median building size (sqft)1,580
Average building size (sqft)1,464
Median year built1978
Average year built1980
Built before 198066.7%

Investment Strategy Mix

Value-Add / Rehab66.7%
Buy & Hold33.3%
New Construction0.0%

Hottest ZIP codes for investors

98371 · 2998373 · 698446 · 1
Market read

What investors are doing in 98373

Most capital here runs value-add / rehab — 66.7% of tracked activity. That favors sellers bringing renovation projects: the capital here is set up to take on work, not to avoid it.

There are 3 buyers paying cash in 98373 today, against a standing position of about 11 properties. Each averaged under 2.0 purchases over the last 12 months, so the pool is broad rather than concentrated: more names to work, with less riding on any single relationship.

The median investor purchase lands near $460,000. The gap between that median and the $633,000 average is the story here — a few outsized trades, with the real volume well underneath them.

Typical construction year on investor-owned property is 1978. About 66.7% predates 1980, so lead-paint disclosure, older systems and heavier rehab budgets are normal here.

Counts and prices here are drawn from recorded investor purchases in this ZIP code and refresh with new records. They are a record of past activity, not a forecast or investment advice.

Answers

Common questions

How many investors are active in Summit?
There are 3 active investors owning 11 tracked properties in Summit.
What is the median investor purchase price in Summit?
The median investor purchase price is about $460,000 in Summit.
How active is the Summit investor market recently?
6 properties were acquired by investors in the last 12 months in Summit.
Is there recent new-construction investor activity in Summit?
0 new-construction homes were acquired by investors in Summit in the last 90 days.

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