Is 99117, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 99117 is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 99117 was a Seller's Market.

Key Takeaway

99117 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 99117, WA

How much do homes in 99117, WA cost?

Median Sold Price

$207,500

$115/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$376,500(-64.5%)

Key Takeaway

Homes in 99117 have sold for 64.5% less than they did a month ago.

Summary: The median home sold price in 99117 was $207,500 in October 2024, down 64.5% from last month, and the median price per square foot was $115.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $323.2K$207.5K
-35.8%
4 $584K-
N/A
5+ --
N/A

Summary: 99117 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 35.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

99185
+53.8%
99117
-64.5%

Housing Supply in 99117, WA

How many homes are available in 99117, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1312-7.7%

Summary: The 99117 real estate market had 12 homes for sale in October 2024, a 7.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 65
-16.7%
4 54
-20.0%
5+ 23
+50.0%

Summary: The 99117 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 99117, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in 99117 in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for 99117, WA

How long does it take to sell a home in 99117, WA?

Average Sale Time

Sep 2024Oct 2024CHANGE
97 Days49 Days-49.8%

Summary: Homes in 99117 had an average of 49 days on market in Oct 2024, down by 49.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 99117 has remained consistent over time.

Summary: During October 2024, 1 homes were sold in 99117; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 99117, WA

Nearby Markets to 99117, WA