$8,906 Closing Credit*
$750,000
1,700 SqFt
3 Beds
•1 Full Bath
Bree Bristol, Listing Office: COMPASS
Is 98043, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 98043 has remained a Seller's Market.
Key Takeaway
98043 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 98043, WA
How much do homes in 98043, WA cost?
Median Sold Price
$649,900
$468/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$22,400(+3.6%)
Key Takeaway
Homes in 98043 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 98043 was $649,900 in October 2024, up 3.6% from last year, and the median price per square foot was $468.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $322K | $332.2K | +3.2% |
| 2 Bedrooms | $455.5K | $460K | +1.0% |
| 3 Bedrooms | $639.9K | $672.5K | +5.1% |
| 4 Bedrooms | $765K | $817.5K | +6.9% |
| 5+ Bedrooms | $790K | $1.0M | +28.2% |
Summary: 98043 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 28.2%.
Housing Supply in 98043, WA
How many homes are available in 98043, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 49 | 47 | -4.1% |
Summary: The 98043 real estate market had 47 homes for sale in October 2024, a 4.1% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 18 | 16 | -11.1% |
| 3 Bedrooms | 19 | 20 | +5.3% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The 98043 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 13 | -35.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98043, expect to pay close to the asking price. 38.5% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in 98043 in October 2024, down by 35.0% month-over-month. Of the 13 sold homes, 31% were sold under asking, 38% were sold at asking, and 31% were sold over asking.
Days on Market for 98043, WA
How long does it take to sell a home in 98043, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 29 Days | -2.7% |
Summary: Homes in 98043 had an average of 29 days on market in Oct 2024, down by 2.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 98043 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in 98043; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% 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.