Is 99208, 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, 99208 has remained a Seller's Market.
Housing Prices in 99208, WA
How much do homes in 99208, WA cost?
Median Sold Price
$449,999
$194/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 99208 was $449,999 in March 2024, down 5.3% from last year, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $169.5K | $292.5K | +72.6% |
2 Bedrooms | $262K | $255K | -2.7% |
3 Bedrooms | $425.6K | $424.9K | -0.2% |
4 Bedrooms | $477.5K | $450K | -5.8% |
5+ Bedrooms | $634.2K | $575K | -9.3% |
Summary: 99208 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.6%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes decreased by 9.3%.
Housing Supply in 99208, WA
How many homes are available in 99208, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
191 | 207 | +8.4% |
Summary: The 99208 real estate market had 207 homes for sale in March 2024, a 8.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 48 | 51 | +6.3% |
4 Bedrooms | 79 | 82 | +3.8% |
5+ Bedrooms | 54 | 64 | +18.5% |
Summary: The 99208 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 increased by 6.3%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 18.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 52 | +6.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Summary: A total of 52 homes were sold or pending in 99208 in March 2024, up by 6.1% month-over-month. Of the 52 sold homes, 27% were sold under asking, 42% were sold at asking, and 31% were sold over asking.
Days on Market for 99208, WA
How long does it take to sell a home in 99208, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
34 Days | 20 Days | -38.8% |
Summary: Homes in 99208 had an average of 20 days on market in Mar 2024, down by 38.8% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 52 homes were sold in 99208; 79% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.