Is 99206, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 99206 is a seller's market

Buyer's
Market

Difference Since February 2022

Since last year, 99206 has remained a Seller's Market.

Key Takeaway

99206 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in 99206, WA cost?

Median Sold Price

$425,000

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$40,000(+10.4%)

Key Takeaway

Homes in 99206 have sold for 10.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $155K$195K
+25.8%
2 $265.8K$278.2K
+4.6%
3 $360K$396.5K
+10.1%
4 $398K$450K
+13.1%
5+ $457K$567.5K
+24.2%

Median Sold Price Compared To Nearby Zip Codes

99016
+17.5%
99037
+15.6%
99206
+10.4%
99216
+6.8%
99212
+5.6%

How many homes are available in 99206, WA?

Number of Homes For Sale

Jan 2023Feb 2023%
8885-3.4%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 22
0.0%
2 77
0.0%
3 2121
0.0%
4 4138
-7.3%
5+ 1717
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
2618-30.8%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 99206, you could pay more than the asking price. 38.9% of homes here sold above asking price last month.

Average Sale Time

Feb 2022Feb 2023%
15 Days32 Days+112.4%

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 99206 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.

About 99206, WA

99206, WA has 85 homes for sale to choose from. The number of listings in 99206, WA decreased by 3.4% between January 2023 and February 2023. In February 2023 median list price was $425,000 and the average listing age was 32 days. Between January 2023 and February 2023, listing prices of homes in this real estate market have seen the following changes: prices of 1 bedroom properties increased by 25.8%, prices of 2 bedrooms properties increased by 4.6%, prices of 3 bedrooms properties went up by 10.1%, prices of 4 bedrooms properties went up by 13.1%, the cost of 5 bedrooms properties went up by 24.2%. The following changes in the number of homes for sale were observed in this housing market: 1 bedroom homes inventory did not change, the quantity of 2 bedrooms homes have not changed, number of 3 bedrooms homes remained the same, volume of 4 bedrooms homes went down by 7.3%, 5 bedrooms homes inventory did not change. Over 7 listings were sold over their listed price in February 2023 in 99206, WA. In the same period over 5 listings were sold below the listed price and 6 listings were sold for the listed price.