Is Atlantic, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Atlantic has remained a Seller's Market.
Key Takeaway
Atlantic is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Atlantic, WA
How much do homes in Atlantic, WA cost?
Median Sold Price
$682,500
$528/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Atlantic have sold for 8.5% less than they did a year ago.
Summary: The median home sold price in Atlantic was $682,500 in April 2024, down 8.5% from last year, and the median price per square foot was $528.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $362.5K | $350K | -3.4% |
| 2 Bedrooms | $615K | $619.9K | +0.8% |
| 3 Bedrooms | $847.1K | $750K | -11.5% |
| 4 Bedrooms | $1.0M | $850K | -19.4% |
| 5+ Bedrooms | $1.3M | $902.5K | -35.5% |
Summary: Atlantic housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.4%, 2 bedroom homes increased by 0.8%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 19.4%, and 5+ bedroom homes decreased by 35.5%.
Median Sold Price Compared To Nearby Neighborhoods
| Atlantic | $746K | $682.5K | -8.5% |
| Leschi | $1.1M | $1.0M | -11.7% |
Housing Supply in Atlantic, WA
How many homes are available in Atlantic, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 35 | 38 | +8.6% |
Summary: The Atlantic real estate market had 38 homes for sale in April 2024, a 8.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 16 | 19 | +18.8% |
| 3 Bedrooms | 13 | 10 | -23.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The Atlantic housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 18.8%, 3 bedroom homes decreased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Atlantic, expect to pay close to the asking price. 53.8% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Atlantic in April 2024, up by 44.4% month-over-month. Of the 13 sold homes, 31% were sold under asking, 54% were sold at asking, and 15% were sold over asking.
Days on Market for Atlantic, WA
How long does it take to sell a home in Atlantic, WA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 22 Days | 47 Days | +108.9% |
Summary: Homes in Atlantic had an average of 47 days on market in Apr 2024, up by 108.9% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Atlantic are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 13 homes were sold in Atlantic; 77% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.