Is 99119, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 99119 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 99119 was a Buyer's Market.

Key Takeaway

99119 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 99119, WA

How much do homes in 99119, WA cost?

Median Sold Price

$557,500

$195/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$22,500(+4.2%)

Key Takeaway

Homes in 99119 have sold for 4.2% more than they did a month ago.

Summary: The median home sold price in 99119 was $557,500 in October 2024, up 4.2% from last month, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 -$400K
N/A
3 $535K-
N/A
4 --
N/A
5+ -$715K
N/A

Summary: 99119 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

99119
+4.2%
99139
-37.9%

Housing Supply in 99119, WA

How many homes are available in 99119, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1011+10.0%

Summary: The 99119 real estate market had 11 homes for sale in October 2024, a 10.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 22
0.0%
3 65
-16.7%
4 11
0.0%
5+ 02
+100.0%

Summary: The 99119 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 remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was 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 99119, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 99119 in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 99119, WA

How long does it take to sell a home in 99119, WA?

Average Sale Time

Sep 2024Oct 2024CHANGE
31 Days6 Days-79.0%

Summary: Homes in 99119 had an average of 6 days on market in Oct 2024, down by 79% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 99119 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in 99119; 100% of homes were sold within 30 days, 0% 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 99119, WA

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