Is 99021, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 99021 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 99021 has remained a Seller's Market.

Key Takeaway

99021 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 99021, WA

How much do homes in 99021, WA cost?

Median Sold Price

$467,995

$214/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$6,502(-1.4%)

Key Takeaway

Homes in 99021 have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in 99021 was $467,995 in November 2024, down 1.4% from last year, and the median price per square foot was $214.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $158.5K$125K
-21.1%
2 $210K$432.5K
+106.0%
3 $425.9K$405.4K
-4.8%
4 $500K$471.4K
-5.7%
5+ $600K$593.6K
-1.1%

Summary: 99021 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.1%, 2 bedroom homes increased by 106%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes decreased by 1.1%.

Median Sold Price Compared To Nearby Zip Codes

99217
+10.3%
99005
+5.4%
99021
-1.4%
99025
-10.7%
99003
-12.7%

Housing Supply in 99021, WA

How many homes are available in 99021, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5351-3.8%

Summary: The 99021 real estate market had 51 homes for sale in November 2024, a 3.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 44
0.0%
3 1816
-11.1%
4 1917
-10.5%
5+ 910
+11.1%

Summary: The 99021 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 11.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
911+22.2%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 99021, you could pay more than the asking price. 45.5% of homes here sold above asking price last month.

Summary: A total of 11 homes were sold or pending in 99021 in November 2024, up by 22.2% month-over-month. Of the 11 sold homes, 18% were sold under asking, 36% were sold at asking, and 45% were sold over asking.

Days on Market for 99021, WA

How long does it take to sell a home in 99021, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
11 Days40 Days+243.7%

Summary: Homes in 99021 had an average of 40 days on market in Nov 2024, up by 243.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 99021 has remained consistent over time.

Summary: During November 2024, 11 homes were sold in 99021; 36% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 9% 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

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