$5,330 Closing Credit*
$448,880
700 SqFt
2 Beds
•1 Full Bath
John Lux, Listing Office: Coldwell Banker Bain
Is 98014, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 98014 was a Seller's Market.
Key Takeaway
98014 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 98014, WA
How much do homes in 98014, WA cost?
Median Sold Price
$1,087,500
$438/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$137,500(+14.5%)
Key Takeaway
Homes in 98014 have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in 98014 was $1,087,500 in October 2024, up 14.5% from last year, and the median price per square foot was $438.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $535K | $675K | +26.2% |
| 3 Bedrooms | $900K | $921K | +2.3% |
| 4 Bedrooms | $1.0M | $1.1M | +10.2% |
| 5+ Bedrooms | $1.1M | $1.2M | 0.4% |
Summary: 98014 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 26.2%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 0.4%.
Housing Supply in 98014, WA
How many homes are available in 98014, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 46 | +4.5% |
Summary: The 98014 real estate market had 46 homes for sale in October 2024, a 4.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 1 | 3 | +200.0% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 16 | 18 | +12.5% |
| 5+ Bedrooms | 8 | 6 | -25.0% |
Summary: The 98014 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 5 | -54.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98014, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 5 homes were sold or pending in 98014 in October 2024, down by 54.5% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.
Days on Market for 98014, WA
How long does it take to sell a home in 98014, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 46 Days | 51 Days | +11.2% |
Summary: Homes in 98014 had an average of 51 days on market in Oct 2024, up by 11.2% 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
Key Takeaway
Many homes in 98014 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 5 homes were sold in 98014; 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.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.