Is 98133, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 98133 has remained a Seller's Market.
Housing Prices in 98133, WA
How much do homes in 98133, WA cost?
Median Sold Price
$710,666
$466/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 98133 was $710,666 in March 2024, down 4.8% from last year, and the median price per square foot was $466.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $331K | $310K | -6.3% |
2 Bedrooms | $550K | $590K | +7.3% |
3 Bedrooms | $774.3K | $740K | -4.4% |
4 Bedrooms | $887.5K | $857K | -3.4% |
5+ Bedrooms | $1.1M | $1.0M | -2.3% |
Summary: 98133 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.3%, 2 bedroom homes increased by 7.3%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 2.3%.
Housing Supply in 98133, WA
How many homes are available in 98133, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
128 | 155 | +21.1% |
Summary: The 98133 real estate market had 155 homes for sale in March 2024, a 21.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 13 | +44.4% |
2 Bedrooms | 52 | 56 | +7.7% |
3 Bedrooms | 43 | 54 | +25.6% |
4 Bedrooms | 21 | 28 | +33.3% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 98133 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 44.4%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 25.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 50 | +22.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in 98133 in March 2024, up by 22.0% month-over-month. Of the 50 sold homes, 26% were sold under asking, 26% were sold at asking, and 48% were sold over asking.
Days on Market for 98133, WA
How long does it take to sell a home in 98133, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
32 Days | 24 Days | -25.5% |
Summary: Homes in 98133 had an average of 24 days on market in Mar 2024, down by 25.5% compared to last year.
Breakdown of Home Sale Times
43 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 50 homes were sold in 98133; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.