Is 99006, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 99006 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 99006 was a Buyer's Market.

Key Takeaway

99006 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 99006, WA

How much do homes in 99006, WA cost?

Median Sold Price

$457,078

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$2,422(-0.5%)

Key Takeaway

Homes in 99006 have sold for 0.5% less than they did a year ago.

Summary: The median home sold price in 99006 was $457,078 in March 2024, down 0.5% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $475K$260K
-45.3%
2 $365K$335K
-8.2%
3 $437.1K$429.5K
-1.8%
4 $564.7K$500K
-11.5%
5+ $527.5K$529.9K
0.5%

Summary: 99006 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 45.3%, 2 bedroom homes decreased by 8.2%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 0.5%.

Median Sold Price Compared To Nearby Zip Codes

99006
-0.5%
99005
-4.0%
99003
-6.4%

Housing Supply in 99006, WA

How many homes are available in 99006, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4149+19.5%

Summary: The 99006 real estate market had 49 homes for sale in March 2024, a 19.5% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 35
+66.7%
3 2227
+22.7%
4 1413
-7.1%
5+ 24
+100.0%

Summary: The 99006 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 22.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
811+37.5%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 99006, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in 99006 in March 2024, up by 37.5% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.

Days on Market for 99006, WA

How long does it take to sell a home in 99006, WA?

Average Sale Time

Mar 2023Mar 2024CHANGE
18 Days81 Days+343.7%

Summary: Homes in 99006 had an average of 81 days on market in Mar 2024, up by 343.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 99006 has remained consistent over time.

Summary: During March 2024, 11 homes were sold in 99006; 27% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 27% 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 29 Days Ago

Newest Listings in 99006, WA

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