$10,000 Closing Credit*
$1,475,880
3,687 SqFt
5 Beds
•2 Full Baths
Laura M Faulkner, Listing Office: Homes & Equity Real Estate Grp
Is 98014, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 98014 was a Seller's Market.
Key Takeaway
98014 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 98014, WA
How much do homes in 98014, WA cost?
Median Sold Price
$1,062,500
$438/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$112,500(+11.8%)
Key Takeaway
Homes in 98014 have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in 98014 was $1,062,500 in November 2024, up 11.8% from last year, and the median price per square foot was $438.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $450K | N/A |
| 2 Bedrooms | $535K | $687.5K | +28.5% |
| 3 Bedrooms | $912K | $921K | +1.0% |
| 4 Bedrooms | $1.0M | $1.1M | +9.5% |
| 5+ Bedrooms | $1.1M | $1.2M | +2.7% |
Summary: 98014 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.5%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 2.7%.
Housing Supply in 98014, WA
How many homes are available in 98014, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 37 | -14.0% |
Summary: The 98014 real estate market had 37 homes for sale in November 2024, a 14.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 17 | 13 | -23.5% |
| 4 Bedrooms | 16 | 14 | -12.5% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 98014 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 23.5%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98014, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in 98014 in November 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 113 Days | 27 Days | -76.0% |
Summary: Homes in 98014 had an average of 27 days on market in Nov 2024, down by 76% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 98014 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 6 homes were sold in 98014; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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.