Brier, WA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Brier Neighborhoods Since 2000




Brier, WA Real Estate Data


Brier Housing Market Information

With a population of 6,656, 2,220 total housing units (homes and apartments), and a median house value of $514,639, Brier house prices are not only among the most expensive in Washington, Brier real estate also is some of the most expensive in all of America.

Single-family detached homes are the single most common housing type in Brier, accounting for 96.52% of the city's housing units. Other types of housing that are prevalent in Brier include mobile homes or trailers ( 1.54%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Brier. Owner-occupied housing accounts for 86.62% of Brier's homes, and 80.33% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Brier built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Brier built between 1940-1969 ( 27.55%). A lesser amount of the housing stock also hails from between 2000 and later ( 11.44%). There's also some housing in Brier built before 1939 ( 1.28%).

Brier Home Appreciation Rates

In the last 10 years, Brier has experienced some of the highest home appreciation rates of any community in the nation. Brier real estate appreciated 19.56% over the last ten years, which is an average annual home appreciation rate of 1.80%, putting Brier in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Brier definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Brier that despite a nationwide downturn in the housing market, Brier real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Brier appreciation rates continue to be some of the highest in America, at 11.70%, which is higher than appreciation rates in 99.33% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Brier. Brier appreciation rates in the latest quarter were at 4.49%, which equates to an annual appreciation rate of 19.19%.

Importantly, this makes Brier one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Washington, our data show that Brier's latest annual appreciation rate is higher than 90% of the other cities and towns in Washington.

Average Home Values

 

Median Home Value:
$514,639

Brier, WA HOME PRICES

Value Range
> $1,444,000 0.0
$1,083,001 - $1,444,000 0.5
$722,001 - $1,083,000 11.4
$578,001 - $722,000 16.4
$433,001 - $578,000 47.0
$288,001 - $433,000 18.3
$144,001 - $288,000 3.0
$72,001 - $144,000 0.0
$0 - $72,000 3.4

Very High for WA
Very High for Nation

Value Relative to Nation Value Relative to State
5.76799203607191 9.57446808510638

Number Of Homes And Apartments:
2,220

Rent & Ownership

 

Average Market Rent:
$2,263 / per month

Homeownership Rate

Homeownership
Owners 86.62
Renters 13.38
Vacant 2.29

Housing Market Details

 

Age of Homes

AGE OF Brier HOMES
2000 or Newer 11.4
1970 - 1999 59.7
1940 - 1969 27.6
1939 or Older 1.3

Types of Homes

TYPE OF Brier HOMES
Single-Family 96.5
Townhomes 1.0
Small Apt. Buildings 0.4
Apt. Complexes 0.5
Mobile Homes 1.5
Other 0.0

Home Size

SIZE OF Brier HOMES
No Bedroom 0.00
1 Bedroom 0.57
2 Bedrooms 10.12
3 Bedrooms 53.17
4 Bedrooms 27.16
5 or more bedrooms 8.98

Brier Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
88.28% 3.79% 9 10
* 10 is highest