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 October 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.

Difference Since October 2023

+$4,887(+1.2%)

Key Takeaway

Homes in 99004 have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in 99004 was $420,000 in October 2024, up 1.2% from last year, and the median price per square foot was $221.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $260.2K$341.2K
+31.1%
3 $385K$385.2K
0.1%
4 $450K$453K
+0.7%
5+ $508K$465K
-8.5%

Summary: 99004 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 increased by 31.1%, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes decreased by 8.5%.

Median Sold Price Compared To Nearby Zip Codes

99022
+12.7%
99004
+1.2%

Housing Supply in 99004, WA

How many homes are available in 99004, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
8488+4.8%

Summary: The 99004 real estate market had 88 homes for sale in October 2024, a 4.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 35
+66.7%
3 3635
-2.8%
4 3130
-3.2%
5+ 1115
+36.4%

Summary: The 99004 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 increased by 66.7%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 36.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2112-42.9%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 99004, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in 99004 in October 2024, down by 42.9% month-over-month. Of the 12 sold homes, 33% were sold under asking, 42% were sold at asking, and 25% 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

Oct 2023Oct 2024CHANGE
35 Days54 Days+54.8%

Summary: Homes in 99004 had an average of 54 days on market in Oct 2024, up by 54.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were 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 October 2024, 12 homes were sold in 99004; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 99004, WA

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