Is 99001, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 99001 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 99001 has remained a Seller's Market.

Key Takeaway

99001 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 99001, WA

How much do homes in 99001, WA cost?

Median Sold Price

$365,000

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$9,900(-2.6%)

Key Takeaway

Homes in 99001 have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in 99001 was $365,000 in October 2024, down 2.6% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $315K$254.5K
-19.2%
3 $379.5K$360K
-5.1%
4 $428.9K$389.9K
-9.1%
5+ $485K$424K
-12.6%

Summary: 99001 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 decreased by 19.2%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 12.6%.

Median Sold Price Compared To Nearby Zip Codes

99022
+12.7%
99224
-1.0%
99001
-2.6%

Housing Supply in 99001, WA

How many homes are available in 99001, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1413-7.1%

Summary: The 99001 real estate market had 13 homes for sale in October 2024, a 7.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 78
+14.3%
4 33
0.0%
5+ 21
-50.0%

Summary: The 99001 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 99001, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in 99001 in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for 99001, WA

How long does it take to sell a home in 99001, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
45 Days25 Days-44.4%

Summary: Homes in 99001 had an average of 25 days on market in Oct 2024, down by 44.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 99001 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in 99001; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 14 Days Ago

Newest Listings in 99001, WA

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