$10,000 Closing Credit*
$1,139,950
1,793 SqFt
3 Beds
•2 Full Baths
Henry H. Shim, Listing Office: Industry RE
Is 98074, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 98074 has remained a Seller's Market.
Key Takeaway
98074 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 98074, WA
How much do homes in 98074, WA cost?
Median Sold Price
$1,750,000
$634/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$197,333(+12.7%)
Key Takeaway
Homes in 98074 have sold for 12.7% more than they did a year ago.
Summary: The median home sold price in 98074 was $1,750,000 in November 2024, up 12.7% from last year, and the median price per square foot was $634.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $380K | $435K | +14.5% |
| 2 Bedrooms | $575.5K | $760K | +32.1% |
| 3 Bedrooms | $1.2M | $1.2M | +1.7% |
| 4 Bedrooms | $1.5M | $1.8M | +14.8% |
| 5+ Bedrooms | $2.1M | $2.4M | +13.0% |
Summary: 98074 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.5%, 2 bedroom homes increased by 32.1%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes increased by 13%.
Housing Supply in 98074, WA
How many homes are available in 98074, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 82 | 60 | -26.8% |
Summary: The 98074 real estate market had 60 homes for sale in November 2024, a 26.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 21 | 12 | -42.9% |
| 4 Bedrooms | 31 | 26 | -16.1% |
| 5+ Bedrooms | 20 | 14 | -30.0% |
Summary: The 98074 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 decreased by 33.3%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes decreased by 30%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 21 | -38.2% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 98074, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 98074 in November 2024, down by 38.2% month-over-month. Of the 21 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for 98074, WA
How long does it take to sell a home in 98074, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 61 Days | 45 Days | -26.7% |
Summary: Homes in 98074 had an average of 45 days on market in Nov 2024, down by 26.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 98074 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 21 homes were sold in 98074; 48% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 14% 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.