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 October 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

$680,000

$516/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,000(+0.1%)

Key Takeaway

The sold price of homes in Atlantic has remained the same since last year.

Summary: The median home sold price in Atlantic was $680,000 in October 2024, up 0.1% from last year, and the median price per square foot was $516.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $350K$331.7K
-5.2%
2 $632.5K$579.9K
-8.3%
3 $765K$789.9K
+3.3%
4 $831.5K$1.1M
+32.3%
5+ $1.3M$1.2M
-8.4%

Summary: Atlantic housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.2%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 32.3%, and 5+ bedroom homes decreased by 8.4%.

Median Sold Price Compared To Nearby Neighborhoods

Leschi
+4.9%
Atlantic
0.1%

Housing Supply in Atlantic, WA

How many homes are available in Atlantic, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3848+26.3%

Summary: The Atlantic real estate market had 48 homes for sale in October 2024, a 26.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 56
+20.0%
2 1319
+46.2%
3 1820
+11.1%
4 23
+50.0%
5+ 00
0.0%

Summary: The Atlantic housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 46.2%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
49+125.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 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 October 2024, up by 125.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 0% were sold at asking, and 44% 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

Oct 2023Oct 2024CHANGE
46 Days41 Days-10.2%

Summary: Homes in Atlantic had an average of 41 days on market in Oct 2024, down by 10.2% compared to last year.

Breakdown of Home Sale Times

5 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 Atlantic are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in Atlantic; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% 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 13 Days Ago

Newest Listings in Atlantic, WA

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