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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Atlantic is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Atlantic, WA

How much do homes in Atlantic, WA cost?

Median Sold Price

$699,950

$521/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,950(+3.1%)

Key Takeaway

Homes in Atlantic have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in Atlantic was $699,950 in November 2024, up 3.1% from last year, and the median price per square foot was $521.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $350K$329.9K
-5.7%
2 $632.5K$582.4K
-7.9%
3 $769.9K$792.4K
+2.9%
4 $831.5K$1.1M
+32.3%
5+ $1.3M$1.2M
-8.4%

Summary: Atlantic housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.7%, 2 bedroom homes decreased by 7.9%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 32.3%, and 5+ bedroom homes decreased by 8.4%.

Median Sold Price Compared To Nearby Neighborhoods

Leschi
+15.0%
Atlantic
+3.1%

Housing Supply in Atlantic, WA

How many homes are available in Atlantic, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
38380.0%

Summary: The Atlantic real estate market had 38 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 64
-33.3%
2 1417
+21.4%
3 1816
-11.1%
4 00
0.0%
5+ 01
+100.0%

Summary: The Atlantic housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 21.4%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
109-10.0%

Asking Price vs. Sold Price

5 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 Atlantic, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Atlantic in November 2024, down by 10.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% were sold over asking.

Days on Market for Atlantic, WA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
43 Days18 Days-57.9%

Summary: Homes in Atlantic had an average of 18 days on market in Nov 2024, down by 57.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 9 homes were sold in Atlantic; 78% of homes were sold within 30 days, 22% 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 21 Days Ago

Newest Listings in Atlantic, WA

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