Is 99223, 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, 99223 has remained a Seller's Market.
Housing Prices in 99223, WA
How much do homes in 99223, WA cost?
Median Sold Price
$513,666
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 99223 was $513,666 in March 2024, up 2.7% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $249K | $185K | -25.7% |
2 Bedrooms | $300K | $283.2K | -5.6% |
3 Bedrooms | $440K | $439.9K | 0% |
4 Bedrooms | $500K | $522.4K | +4.5% |
5+ Bedrooms | $625K | $625K | 0.0% |
Summary: 99223 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 25.7%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 4.5%, and 5+ bedroom homes did not change.
Housing Supply in 99223, WA
How many homes are available in 99223, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
90 | 121 | +34.4% |
Summary: The 99223 real estate market had 121 homes for sale in March 2024, a 34.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 6 | +200.0% |
3 Bedrooms | 25 | 35 | +40.0% |
4 Bedrooms | 37 | 36 | -2.7% |
5+ Bedrooms | 26 | 44 | +69.2% |
Summary: The 99223 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 200%, 3 bedroom homes increased by 40%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 69.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 30 | +76.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in 99223 in March 2024, up by 76.5% month-over-month. Of the 30 sold homes, 43% were sold under asking, 27% were sold at asking, and 30% were sold over asking.
Days on Market for 99223, WA
How long does it take to sell a home in 99223, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
27 Days | 35 Days | +30.7% |
Summary: Homes in 99223 had an average of 35 days on market in Mar 2024, up by 30.7% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 30 homes were sold in 99223; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.