Is 99206, 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, 99206 has remained a Seller's Market.
Housing Prices in 99206, WA
How much do homes in 99206, WA cost?
Median Sold Price
$422,000
$192/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 99206 was $422,000 in March 2024, down 0.5% from last year, and the median price per square foot was $192.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $195K | $150K | -23.1% |
2 Bedrooms | $282.4K | $315K | +11.5% |
3 Bedrooms | $397K | $390.5K | -1.6% |
4 Bedrooms | $450K | $442.5K | -1.7% |
5+ Bedrooms | $547.3K | $547.9K | 0.1% |
Summary: 99206 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.1%, 2 bedroom homes increased by 11.5%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 0.1%.
Housing Supply in 99206, WA
How many homes are available in 99206, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
71 | 96 | +35.2% |
Summary: The 99206 real estate market had 96 homes for sale in March 2024, a 35.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 4 | +300.0% |
2 Bedrooms | 7 | 4 | -42.9% |
3 Bedrooms | 22 | 39 | +77.3% |
4 Bedrooms | 29 | 31 | +6.9% |
5+ Bedrooms | 12 | 18 | +50.0% |
Summary: The 99206 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes decreased by 42.9%, 3 bedroom homes increased by 77.3%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 20 | +42.9% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in 99206 in March 2024, up by 42.9% month-over-month. Of the 20 sold homes, 15% were sold under asking, 25% were sold at asking, and 60% were sold over asking.
Days on Market for 99206, WA
How long does it take to sell a home in 99206, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
31 Days | 38 Days | +21.7% |
Summary: Homes in 99206 had an average of 38 days on market in Mar 2024, up by 21.7% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in 99206; 65% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.