Is 98008, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 98008 is a seller's market

Buyer's
Market

Difference Since February 2022

Since last year, 98008 has remained a Seller's Market.

Key Takeaway

98008 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 98008, WA cost?

Median Sold Price

$1,372,500

$690/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$122,500(+9.8%)

Key Takeaway

Homes in 98008 have sold for 9.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $974.9K$325K
-66.7%
2 $650K$626K
-3.7%
3 $1.0M$1.2M
+18.5%
4 $1.4M$1.5M
+6.8%
5+ $1.6M$2.1M
+35.6%

Median Sold Price Compared To Nearby Zip Codes

98074
+18.3%
98008
+9.8%
98075
+8.6%
98006
+7.7%
98007
+4.1%

How many homes are available in 98008, WA?

Number of Homes For Sale

Jan 2023Feb 2023%
5265+25.0%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 11
0.0%
2 74
-42.9%
3 1314
+7.7%
4 1621
+31.3%
5+ 1525
+66.7%

Number of Homes Sold

Jan 2023Feb 2023%
1120+81.8%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 98008, you may be able to get a good deal. 65% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
15 Days58 Days+281.2%

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 98008 are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Local real estate agents are ready to help you find a home here.

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2670 W Lake Sammamish Pkwy SE, Bellevue, WA 98008

$1,250,000

3

1

1,786 SqFt

2670 W Lake Sammamish Pkwy SE, Bellevue WA, 98008

Fred Fox

Listing Office:

Windermere Mercer Island

#2042673

MLS logo
16900 SE 38th Pl, Bellevue, WA 98008

$2,235,000

4

1

3,271 SqFt

16900 SE 38th Pl, Bellevue WA, 98008

Julie Granahan

Listing Office:

COMPASS

#2044184

MLS logo
17003 SE 14th Ln, Bellevue, WA 98008

$2,198,600

5

3 Full, 1 Partial

4,030 SqFt

17003 SE 14th Ln, Bellevue WA, 98008

Larry M. Karimi

Listing Office:

Prestige Property Mgmt LLC

#2046460

MLS logo
523 167th Ave NE, Bellevue, WA 98008

$2,698,000

5

3 Full, 1 Partial

3,919 SqFt

523 167th Ave NE, Bellevue WA, 98008

Susan T. Jones

Listing Office:

Windermere Real Estate/East

#2045964

MLS logo
16551 SE 28th St, Bellevue, WA 98008

$1,388,000

4

1

2,720 SqFt

16551 SE 28th St, Bellevue WA, 98008

Christy Bach

Listing Office:

Skyline Properties, Inc.

#2045229

MLS logo
1405 166th Pl NE, Bellevue, WA 98008

$1,100,000

3

1

1,540 SqFt

1405 166th Pl NE, Bellevue WA, 98008

Joseph Q. Bauman

Listing Office:

John L. Scott R.E.Tacoma North

#2043909

MLS logo
16227 Northup Way Unit B101, Bellevue, WA 98008

$533,654

3

1

16227 Northup Way Unit B101, Bellevue WA, 98008

Henry Ung

Listing Office:

John L. Scott, Inc.

#2043194

MLS logo
1615 159th Ave NE, Bellevue, WA 98008

$850,000

2

1

1,424 SqFt

1615 159th Ave NE, Bellevue WA, 98008

Jonn McYnturff

Listing Office:

John L Scott Westwood

#2043407

MLS logo
1615 159th Ave NE, Bellevue, WA 98008

$850,000

2

1

1615 159th Ave NE, Bellevue WA, 98008

Jonn McYnturff

Listing Office:

John L Scott Westwood

#2041549

MLS logo
1631 172nd Ave NE, Bellevue, WA 98008

$2,675,000

5

3 Full, 1 Partial

4,280 SqFt

1631 172nd Ave NE, Bellevue WA, 98008

Daniel Sessoms

Listing Office:

Realogics Sotheby's Int'l Rlty

#2042635

MLS logo
1607 W Lake Sammamish Pkwy SE, Bellevue, WA 98008

$3,300,000

4

3 Full, 1 Partial

3,652 SqFt

1607 W Lake Sammamish Pkwy SE, Bellevue WA, 98008

Celeste Zarling

Listing Office:

Century 21 Northwest

#2041698

MLS logo
835 172nd Ave NE, Bellevue, WA 98008

$1,875,000

5

2

2,600 SqFt

835 172nd Ave NE, Bellevue WA, 98008

Hefty, Krista

Listing Office:

Keller Williams Eastside

#2042318

MLS logo

About 98008, WA

There are 65 homes are for sale in 98008, WA real estate market. The inventory of homes for sale in 98008, WA between January 2023 and February 2023 increased by 25%. The median list price of listings available in February 2023 was $1,372,500, while the average time on the real estate market was 58 days. This housing market listing prices have changed between January 2023 and February 2023: prices of 1 bedroom properties decreased by 66.7%, prices of 2 bedrooms properties decreased by 3.7%, 3 bedrooms properties became 18.5% more expensive, the cost of 4 bedrooms properties went up by 6.8%, prices of 5 bedrooms properties went up by 35.6%. Housing inventory have changed in this real estate market: number of 1 bedroom homes remained the same, 2 bedrooms homes became 42.9% less available, the quantity of 3 bedrooms homes went up by 7.7%, 4 bedrooms homes became 31.3% more available, 5 bedrooms homes became 66.7% more available. While more than 2 listings in 98008, WA in February 2023 were sold above asking price, there were more than 5 listings sold at asking price, and more than 13 were sold below.

MLS Disclaimers and Copyright

Based on information from Northwest Multiple Listing Service for the period 03/01/2021 - 03/01/2023

IDXThe 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 © 2023 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/23/2023, 2:47:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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