Is 99019, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 99019 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 99019 has remained a Seller's Market.

Key Takeaway

99019 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 99019, WA

How much do homes in 99019, WA cost?

Median Sold Price

$530,115

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$41,482(-7.3%)

Key Takeaway

Homes in 99019 have sold for 7.3% less than they did a year ago.

Summary: The median home sold price in 99019 was $530,115 in April 2024, down 7.3% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $250K$249K
-0.4%
2 $425K$430K
+1.2%
3 $530.2K$489.4K
-7.7%
4 $658.5K$590K
-10.4%
5+ $748K$720K
-3.7%

Summary: 99019 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.4%, 2 bedroom homes increased by 1.2%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes decreased by 3.7%.

Median Sold Price Compared To Nearby Zip Codes

83854
+1.4%
99025
-4.3%
99019
-7.3%
99016
-11.6%

Housing Supply in 99019, WA

How many homes are available in 99019, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8186+6.2%

Summary: The 99019 real estate market had 86 homes for sale in April 2024, a 6.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 54
-20.0%
2 710
+42.9%
3 2422
-8.3%
4 3934
-12.8%
5+ 616
+166.7%

Summary: The 99019 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 42.9%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes increased by 166.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2515-40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 99019, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 15 homes were sold or pending in 99019 in April 2024, down by 40.0% month-over-month. Of the 15 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% were sold over asking.

Days on Market for 99019, WA

How long does it take to sell a home in 99019, WA?

Average Sale Time

Apr 2023Apr 2024CHANGE
39 Days46 Days+17.9%

Summary: Homes in 99019 had an average of 46 days on market in Apr 2024, up by 17.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 99019 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 15 homes were sold in 99019; 47% of homes were sold within 30 days, 27% 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 5 Days Ago

Newest Listings in 99019, WA

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