Is 99029, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 99029 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 99029 has remained a Seller's Market.

Key Takeaway

99029 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 99029, WA

How much do homes in 99029, WA cost?

Median Sold Price

$584,500

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$144,500(+32.8%)

Key Takeaway

Homes in 99029 have sold for 32.8% more than they did a year ago.

Summary: The median home sold price in 99029 was $584,500 in November 2024, up 32.8% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $200K-
N/A
2 $440K-
N/A
3 $410K$450K
+9.8%
4 $460K$635K
+38.0%
5+ --
N/A

Summary: 99029 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 did not change, 3 bedroom homes increased by 9.8%, 4 bedroom homes increased by 38%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

99029
+32.8%
99022
+8.3%
99026
+1.2%
99224
-2.0%

Housing Supply in 99029, WA

How many homes are available in 99029, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
550.0%

Summary: The 99029 real estate market had 5 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 33
0.0%
4 00
0.0%
5+ 22
0.0%

Summary: The 99029 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 99029, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in 99029 in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for 99029, WA

How long does it take to sell a home in 99029, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
109 Days145 Days+33.0%

Summary: Homes in 99029 had an average of 145 days on market in Nov 2024, up by 33% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 99029 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 1 homes were sold in 99029; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 99029, WA

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