$5,343 Closing Credit*
$449,950
947 SqFt
1 Bed
•1 Full Bath, 1 Partial
Lin S. Shih, Listing Office: Coldwell Banker Bain
Is Downtown, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Downtown has remained a Seller's Market.
Key Takeaway
Downtown is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Downtown, WA
How much do homes in Downtown, WA cost?
Median Sold Price
$688,500
$758/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$54,750(+8.6%)
Key Takeaway
Homes in Downtown have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in Downtown was $688,500 in December 2024, up 8.6% from last year, and the median price per square foot was $758.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $535K | $550K | +2.8% |
| 2 Bedrooms | $975K | $970K | -0.5% |
| 3 Bedrooms | $2.2M | $1.7M | -23.8% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $6.0M | N/A |
Summary: Downtown housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.8%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Downtown | $633.7K | $688.5K | +8.6% |
| Pike Market | $753K | $800K | +6.2% |
Housing Supply in Downtown, WA
How many homes are available in Downtown, WA?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 190 | 176 | -7.4% |
Summary: The Downtown real estate market had 176 homes for sale in December 2024, a 7.4% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 104 | 96 | -7.7% |
| 2 Bedrooms | 79 | 69 | -12.7% |
| 3 Bedrooms | 7 | 10 | +42.9% |
| 4 Bedrooms | 0 | 1 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Downtown housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 7.7%, 2 bedroom homes decreased by 12.7%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 32 | 34 | +6.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Downtown, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 34 homes were sold or pending in Downtown in December 2024, up by 6.3% month-over-month. Of the 34 sold homes, 44% were sold under asking, 50% were sold at asking, and 6% were sold over asking.
Days on Market for Downtown, WA
How long does it take to sell a home in Downtown, WA?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 78 Days | 69 Days | -10.6% |
Summary: Homes in Downtown had an average of 69 days on market in Dec 2024, down by 10.6% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Downtown are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 34 homes were sold in Downtown; 41% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.