Is 99212, 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, 99212 has remained a Seller's Market.
Housing Prices in 99212, WA
How much do homes in 99212, WA cost?
Median Sold Price
$366,566
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 99212 was $366,566 in March 2024, down 1.8% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $173K | $196.8K | +13.8% |
2 Bedrooms | $282.5K | $275K | -2.7% |
3 Bedrooms | $390.8K | $371.5K | -4.9% |
4 Bedrooms | $425.5K | $425K | -0.1% |
5+ Bedrooms | $530K | $430K | -18.9% |
Summary: 99212 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.8%, 2 bedroom homes decreased by 2.7%, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes decreased by 18.9%.
Housing Supply in 99212, WA
How many homes are available in 99212, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
66 | 66 | 0.0% |
Summary: The 99212 real estate market had 66 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 8 | 13 | +62.5% |
3 Bedrooms | 19 | 18 | -5.3% |
4 Bedrooms | 26 | 23 | -11.5% |
5+ Bedrooms | 11 | 8 | -27.3% |
Summary: The 99212 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 62.5%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes decreased by 27.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 14 | -26.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in 99212 in March 2024, down by 26.3% month-over-month. Of the 14 sold homes, 21% were sold under asking, 36% were sold at asking, and 43% were sold over asking.
Days on Market for 99212, WA
How long does it take to sell a home in 99212, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 8 Days | -71.3% |
Summary: Homes in 99212 had an average of 8 days on market in Mar 2024, down by 71.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 14 homes were sold in 99212; 93% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.