Is 99217, 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, 99217 has remained a Seller's Market.
Housing Prices in 99217, WA
How much do homes in 99217, WA cost?
Median Sold Price
$360,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 99217 was $360,000 in March 2024, down 0.8% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $226.6K | $179K | -21.0% |
2 Bedrooms | $280.6K | $262.7K | -6.4% |
3 Bedrooms | $358K | $325K | -9.2% |
4 Bedrooms | $390K | $415K | +6.4% |
5+ Bedrooms | $559.9K | $636.2K | +13.6% |
Summary: 99217 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21%, 2 bedroom homes decreased by 6.4%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes increased by 13.6%.
Housing Supply in 99217, WA
How many homes are available in 99217, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
41 | 49 | +19.5% |
Summary: The 99217 real estate market had 49 homes for sale in March 2024, a 19.5% 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 | 3 | 4 | +33.3% |
3 Bedrooms | 16 | 18 | +12.5% |
4 Bedrooms | 14 | 17 | +21.4% |
5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The 99217 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 increased by 33.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 12 | +20.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in 99217 in March 2024, up by 20.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 33% were sold at asking, and 25% were sold over asking.
Days on Market for 99217, WA
How long does it take to sell a home in 99217, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
44 Days | 35 Days | -20.9% |
Summary: Homes in 99217 had an average of 35 days on market in Mar 2024, down by 20.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in 99217; 75% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.