Is 99141, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 99141 is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 99141 was a Buyer's Market.

Key Takeaway

99141 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 99141, WA

How much do homes in 99141, WA cost?

Median Sold Price

$360,000

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$20,050(+5.9%)

Key Takeaway

Homes in 99141 have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in 99141 was $360,000 in March 2024, up 5.9% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $289K$250K
-13.5%
2 $290K$320K
+10.3%
3 $427.5K$427.4K
0%
4 $329.9K$399.9K
+21.2%
5+ $1.0M$365K
-63.5%

Summary: 99141 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.5%, 2 bedroom homes increased by 10.3%, 3 bedroom homes did not change, 4 bedroom homes increased by 21.2%, and 5+ bedroom homes decreased by 63.5%.

Housing Supply in 99141, WA

How many homes are available in 99141, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2120-4.8%

Summary: The 99141 real estate market had 20 homes for sale in March 2024, a 4.8% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 22
0.0%
2 55
0.0%
3 1110
-9.1%
4 22
0.0%
5+ 11
0.0%

Summary: The 99141 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 remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
16+500.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 99141, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in 99141 in March 2024, up by 500.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.

Days on Market for 99141, WA

How long does it take to sell a home in 99141, WA?

Average Sale Time

Mar 2023Mar 2024CHANGE
10 Days125 Days+1158.3%

Summary: Homes in 99141 had an average of 125 days on market in Mar 2024, up by 1158.3% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 99141 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 6 homes were sold in 99141; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 25 Days Ago

Newest Listings in 99141, WA

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