Is 99019, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 99019 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 99019 has remained a Seller's Market.

Key Takeaway

99019 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 99019, WA

How much do homes in 99019, WA cost?

Median Sold Price

$553,750

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,635(+5.5%)

Key Takeaway

Homes in 99019 have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in 99019 was $553,750 in October 2024, up 5.5% from last year, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $249.9K$244.5K
-2.2%
2 $425K$382K
-10.1%
3 $500K$489.5K
-2.1%
4 $597K$607.4K
+1.8%
5+ $759K$720K
-5.1%

Summary: 99019 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.2%, 2 bedroom homes decreased by 10.1%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 1.8%, and 5+ bedroom homes decreased by 5.1%.

Median Sold Price Compared To Nearby Zip Codes

99019
+5.5%
99016
-1.9%

Housing Supply in 99019, WA

How many homes are available in 99019, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
102100-2.0%

Summary: The 99019 real estate market had 100 homes for sale in October 2024, a 2.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1016
+60.0%
3 3731
-16.2%
4 3128
-9.7%
5+ 2324
+4.3%

Summary: The 99019 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 60%, 3 bedroom homes decreased by 16.2%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes increased by 4.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2022+10.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 99019, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 22 homes were sold or pending in 99019 in October 2024, up by 10.0% month-over-month. Of the 22 sold homes, 41% were sold under asking, 50% were sold at asking, and 9% were sold over asking.

Days on Market for 99019, WA

How long does it take to sell a home in 99019, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days25 Days-16.4%

Summary: Homes in 99019 had an average of 25 days on market in Oct 2024, down by 16.4% compared to last year.

Breakdown of Home Sale Times

16 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 99019 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 22 homes were sold in 99019; 73% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 99019, WA

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