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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seaview is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Seaview has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Seaview, WA

How much do homes in Seaview, WA cost?

Median Sold Price

$1,040,000

$515/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$55,000(+5.6%)

Key Takeaway

Homes in Seaview have sold for 5.6% more than they did a month ago.

Summary: The median home sold price in Seaview was $1,040,000 in October 2024, up 5.6% from last month, and the median price per square foot was $515.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $832K$677.5K
-18.6%
3 $985K$925K
-6.1%
4 $2.4M$1.1M
-55.1%
5+ -$2.5M
N/A

Summary: Seaview housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 18.6%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 55.1%, and 5+ bedroom homes did not change.

Housing Supply in Seaview, WA

How many homes are available in Seaview, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2428+16.7%

Summary: The Seaview real estate market had 28 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 1011
+10.0%
4 57
+40.0%
5+ 44
0.0%

Summary: The Seaview housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
510+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seaview, you could pay more than the asking price. 60% of homes here sold above asking price last month.

Summary: A total of 10 homes were sold or pending in Seaview in October 2024, up by 100.0% month-over-month. Of the 10 sold homes, 30% were sold under asking, 10% were sold at asking, and 60% were sold over asking.

Days on Market for Seaview, WA

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

Average Sale Time

Sep 2024Oct 2024CHANGE
23 Days18 Days-22.0%

Summary: Homes in Seaview had an average of 18 days on market in Oct 2024, down by 22% compared to last month.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in Seaview; 90% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 10% 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 20 Days Ago

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