$594 Closing Credit*
$50,000
1,248 SqFt
2 Beds
•1 Full Bath
Rachel Lynn Dean, Listing Office: Windermere PeninsulaProperties
Is SeaTac, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, SeaTac has remained a Seller's Market.
Key Takeaway
SeaTac is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in SeaTac, WA
How much do homes in SeaTac, WA cost?
Median Sold Price
$550,000
$361/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,000(+4.8%)
Key Takeaway
Homes in SeaTac have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in SeaTac was $550,000 in November 2024, up 4.8% from last year, and the median price per square foot was $361.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $355K | $280K | -21.1% |
| 2 Bedrooms | $405K | $415.5K | +2.6% |
| 3 Bedrooms | $520K | $565K | +8.7% |
| 4 Bedrooms | $620K | $617.5K | -0.4% |
| 5+ Bedrooms | $795K | $742.5K | -6.6% |
Summary: SeaTac housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.1%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes decreased by 6.6%.
Housing Supply in SeaTac, WA
How many homes are available in SeaTac, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 | 72 | +7.5% |
Summary: The SeaTac real estate market had 72 homes for sale in November 2024, a 7.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 20 | 25 | +25.0% |
| 3 Bedrooms | 25 | 20 | -20.0% |
| 4 Bedrooms | 13 | 14 | +7.7% |
| 5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The SeaTac 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 increased by 25%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 15 | -44.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in SeaTac, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in SeaTac in November 2024, down by 44.4% month-over-month. Of the 15 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for SeaTac, WA
How long does it take to sell a home in SeaTac, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 34 Days | +67.6% |
Summary: Homes in SeaTac had an average of 34 days on market in Nov 2024, up by 67.6% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in SeaTac are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in SeaTac; 53% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 7% 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 © 2024 Northwest MLS. All rights reserved.