Is Seaview, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seaview is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Seaview has remained a Seller's Market.

Key Takeaway

Seaview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Seaview, WA

How much do homes in Seaview, WA cost?

Median Sold Price

$312,000

$240/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$75,000(-19.4%)

Key Takeaway

Homes in Seaview have sold for 19.4% less than they did a year ago.

Summary: The median home sold price in Seaview was $312,000 in May 2024, down 19.4% from last year, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $291.9K$216K
-26.0%
2 $354.5K$263K
-25.8%
3 $375K$434K
+15.7%
4 $437K$312K
-28.6%
5+ $566K$604K
+6.7%

Summary: Seaview housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26%, 2 bedroom homes decreased by 25.8%, 3 bedroom homes increased by 15.7%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes increased by 6.7%.

Median Sold Price Compared To Nearby Cities

Long Beach
+16.7%
Long Beach-North Beach Peninsula
+1.5%
Seaview
-19.4%

Housing Supply in Seaview, WA

How many homes are available in Seaview, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
2126+23.8%

Summary: The Seaview real estate market had 26 homes for sale in May 2024, a 23.8% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 1114
+27.3%
3 78
+14.3%
4 22
0.0%
5+ 11
0.0%

Summary: The Seaview housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seaview, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Seaview in May 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Seaview, WA

How long does it take to sell a home in Seaview, WA?

Average Sale Time

May 2023May 2024CHANGE
6 Days62 Days+946.7%

Summary: Homes in Seaview had an average of 62 days on market in May 2024, up by 946.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Seaview are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 5 homes were sold in Seaview; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in Seaview, WA

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