Is 99004, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 99004 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 99004 was a Seller's Market.

Key Takeaway

99004 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 99004, WA

How much do homes in 99004, WA cost?

Median Sold Price

$420,000

$221/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

The sold price of homes in 99004 has remained the same since last year.

Summary: The median home sold price in 99004 was $420,000 in November 2024, the same as last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$233K
N/A
2 $257.5K$338K
+31.3%
3 $390K$386.9K
-0.8%
4 $450K$458.4K
+1.9%
5+ $492.5K$470K
-4.6%

Summary: 99004 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 31.3%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 4.6%.

Median Sold Price Compared To Nearby Zip Codes

99022
+8.3%
99004
0.0%

Housing Supply in 99004, WA

How many homes are available in 99004, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7285+18.1%

Summary: The 99004 real estate market had 85 homes for sale in November 2024, a 18.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 33
0.0%
2 46
+50.0%
3 2935
+20.7%
4 2627
+3.8%
5+ 1014
+40.0%

Summary: The 99004 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 increased by 50%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12120.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 99004, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in 99004 in November 2024, the same as the previous month. Of the 12 sold homes, 58% were sold under asking, 8% were sold at asking, and 33% were sold over asking.

Days on Market for 99004, WA

How long does it take to sell a home in 99004, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days39 Days+17.9%

Summary: Homes in 99004 had an average of 39 days on market in Nov 2024, up by 17.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 99004 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 12 homes were sold in 99004; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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 17 Days Ago

Newest Listings in 99004, WA

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