Is 99159, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 99159 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 99159 was a Buyer's Market.

Key Takeaway

99159 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 99159, WA

How much do homes in 99159, WA cost?

Median Sold Price

$242,500

$100/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$47,500(+24.4%)

Key Takeaway

Homes in 99159 have sold for 24.4% more than they did a month ago.

Summary: The median home sold price in 99159 was $242,500 in November 2024, up 24.4% from last month, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $195K-
N/A
3 -$237.5K
N/A
4 -$247.5K
N/A
5+ --
N/A

Summary: 99159 housing prices by bedroom type for November 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.

Housing Supply in 99159, WA

How many homes are available in 99159, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1718+5.9%

Summary: The 99159 real estate market had 18 homes for sale in November 2024, a 5.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 67
+16.7%
4 1011
+10.0%
5+ 00
0.0%

Summary: The 99159 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 decreased by 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110+900.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 99159, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in 99159 in November 2024, up by 900.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 20% were sold at asking, and 30% were sold over asking.

Days on Market for 99159, WA

How long does it take to sell a home in 99159, WA?

Average Sale Time

Oct 2024Nov 2024CHANGE
364 Days43 Days-88.1%

Summary: Homes in 99159 had an average of 43 days on market in Nov 2024, down by 88.1% compared to last month.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 99159 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 10 homes were sold in 99159; 70% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 20% 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 99159, WA

Nearby Markets to 99159, WA