$10,000 Closing Credit*
$1,998,000
3,040 SqFt
4 Beds
•2 Full Baths
John A. Kritsonis, Listing Office: Windermere Real Estate/East
Is 98052, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, 98052 has remained a Seller's Market.
Key Takeaway
98052 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 98052, WA
How much do homes in 98052, WA cost?
Median Sold Price
$1,243,405
$633/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$68,405(+5.8%)
Key Takeaway
Homes in 98052 have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in 98052 was $1,243,405 in August 2024, up 5.8% from last year, and the median price per square foot was $633.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $380K | $385K | +1.3% |
| 2 Bedrooms | $610K | $741.2K | +21.5% |
| 3 Bedrooms | $1.0M | $1.2M | +12.1% |
| 4 Bedrooms | $1.5M | $1.5M | +5.4% |
| 5+ Bedrooms | $1.8M | $2.0M | +14.0% |
Summary: 98052 housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.3%, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes increased by 14%.
Housing Supply in 98052, WA
How many homes are available in 98052, WA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 218 | 193 | -11.5% |
Summary: The 98052 real estate market had 193 homes for sale in August 2024, a 11.5% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 17 | +21.4% |
| 2 Bedrooms | 59 | 57 | -3.4% |
| 3 Bedrooms | 49 | 41 | -16.3% |
| 4 Bedrooms | 66 | 53 | -19.7% |
| 5+ Bedrooms | 30 | 25 | -16.7% |
Summary: The 98052 housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 21.4%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes decreased by 16.3%, 4 bedroom homes decreased by 19.7%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 73 | 67 | -8.2% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
31 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98052, you could pay more than the asking price. 46.3% of homes here sold above asking price last month.
Summary: A total of 67 homes were sold or pending in 98052 in August 2024, down by 8.2% month-over-month. Of the 67 sold homes, 33% were sold under asking, 21% were sold at asking, and 46% were sold over asking.
Days on Market for 98052, WA
How long does it take to sell a home in 98052, WA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 11 Days | 15 Days | +44.4% |
Summary: Homes in 98052 had an average of 15 days on market in Aug 2024, up by 44.4% compared to last year.
Breakdown of Home Sale Times
55 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 98052 are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 67 homes were sold in 98052; 82% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 1% 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.