Is 99114, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 99114 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 99114 was a Seller's Market.

Key Takeaway

99114 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 99114, WA

How much do homes in 99114, WA cost?

Median Sold Price

$335,032

$166/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,417(-1.6%)

Key Takeaway

Homes in 99114 have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in 99114 was $335,032 in October 2024, down 1.6% from last year, and the median price per square foot was $166.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $165K$210K
+27.3%
2 $245K$274K
+11.8%
3 $337.5K$330K
-2.2%
4 $364K$359.5K
-1.2%
5+ $430K$372.5K
-13.4%

Summary: 99114 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.3%, 2 bedroom homes increased by 11.8%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 13.4%.

Housing Supply in 99114, WA

How many homes are available in 99114, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6061+1.7%

Summary: The 99114 real estate market had 61 homes for sale in October 2024, a 1.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1010
0.0%
2 1211
-8.3%
3 2424
0.0%
4 1214
+16.7%
5+ 22
0.0%

Summary: The 99114 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 decreased by 8.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 99114, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 99114 in October 2024, up by 33.3% month-over-month. Of the 8 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 99114, WA

How long does it take to sell a home in 99114, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days77 Days+150.0%

Summary: Homes in 99114 had an average of 77 days on market in Oct 2024, up by 150% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 99114 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in 99114; 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 99114, WA

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