Is Belltown / Waterfront, 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, Belltown / Waterfront has remained a Seller's Market.
Housing Prices in Belltown / Waterfront, WA
How much do homes in Belltown / Waterfront, WA cost?
Median Sold Price
$575,000
$678/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Belltown / Waterfront was $575,000 in April 2024, down 0.9% from last year, and the median price per square foot was $678.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $550K | $477.5K | -13.2% |
2 Bedrooms | $735K | $1.0M | +38.8% |
3 Bedrooms | - | - | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | - | - | N/A |
Summary: Belltown / Waterfront housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.2%, 2 bedroom homes increased by 38.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Downtown | $630K | $689K | +9.4% |
Pike Market | $725K | $783K | +8.0% |
Belltown | $538.7K | $535.9K | -0.5% |
Belltown / Waterfront | $580K | $575K | -0.9% |
Housing Supply in Belltown / Waterfront, WA
How many homes are available in Belltown / Waterfront, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 10 | +66.7% |
Summary: The Belltown / Waterfront real estate market had 10 homes for sale in April 2024, a 66.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 0 | 0 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Belltown / Waterfront housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Belltown / Waterfront in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Belltown / Waterfront, WA
How long does it take to sell a home in Belltown / Waterfront, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 31 Days | -25.0% |
Summary: Homes in Belltown / Waterfront had an average of 31 days on market in Apr 2024, down by 25% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Belltown / Waterfront; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.