April 2023

Burien Housing Market ReportKing County, Washington

Report Updated 30 Days Ago

Is Burien, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Buyer's
Market

Difference Since April 2022

Since last year, Burien has remained a Seller's Market.

Key Takeaway

Burien is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Burien, WA cost?

Median Sold Price

$680,000

$420/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2022

+$40,700(+6.4%)

Key Takeaway

Homes in Burien have sold for 6.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDS	Apr 2022	Apr 2023	%
1 Bedroom	$337K	$340K	+0.9%
2 Bedrooms	$470K	$499.9K	+6.4%
3 Bedrooms	$660K	$650K	-1.5%
4 Bedrooms	$760K	$767K	+0.9%
5+ Bedrooms	$852.5K	$995K	+16.7%

Median Sold Price Compared To Nearby Cities

	Apr 2022	Apr 2023	%
Burien	$639.2K	$680K	+6.4%
SeaTac	$535K	$535K	0.0%
Normandy Park	$935K	$900K	-3.7%

How many homes are available in Burien, WA?

Number of Homes For Sale

Mar 2023	Apr 2023	%
94	104	+10.6%

Homes For Sale By Bedroom Count

# BEDS	Mar 2023	Apr 2023	%
1 Bedroom	5	6	+20.0%
2 Bedrooms	24	27	+12.5%
3 Bedrooms	27	30	+11.1%
4 Bedrooms	25	28	+12.0%
5+ Bedrooms	13	13	0.0%

Number of Homes Sold

Mar 2023	Apr 2023	%
26	28	+7.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

15 Homes Were Sold
Over Asking

Key Takeaway

If you're buying a home in Burien, you could pay more than the asking price. 53.6% of homes here sold above asking price last month.

Average Sale Time

Apr 2022	Apr 2023	%
10 Days	23 Days	+126.4%

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Key Takeaway

Many homes in Burien are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

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What homes are available in Burien, WA?

See More Listings

$699,950

$9,974 Closing Credit

1,550 SqFt

1305 SW 140th St, Burien WA, 98166

Bill Reid

Listing Office:

Windermere West Metro

#2074275

1220 SW 132nd Ln Unit 531, Burien, WA 98146

$385,000

$5,486 Closing Credit

1220 SW 132nd Ln Unit 531, Burien WA, 98146

Tim Fischer

Listing Office:

Windermere RE/South, Inc.

#2074459

$120,000

Land

0.29 Acres

0XX Maplewild Ave SW, Burien WA, 98166

Tayna Lorella

Listing Office:

COMPASS

#2072391

$395,000

Land

0.23 Acres

32 XX SW 166th St, Burien WA, 98166

Andrew Timm

Listing Office:

John L. Scott, Inc

#2072640

$1,295,000

$10,000 Closing Credit

2,385 SqFt

16631 16th Ave SW, Burien WA, 98166

Cory Wright

Listing Office:

The Preview Group

#2073510

14943 7th Pkwy S Unit 7, Burien, WA 98148

$799,950

$10,000 Closing Credit

2 Full, 1 Partial

2,568 SqFt

14943 7th Pkwy S Unit 7, Burien WA, 98148

Chandra Ruch

Listing Office:

Engel & Voelkers Seattle DT

#2072537

14869 7th Pkwy S Unit 4, Burien, WA 98148

$749,950

$10,000 Closing Credit

2 Full, 1 Partial

2,530 SqFt

14869 7th Pkwy S Unit 4, Burien WA, 98148

Chandra Ruch

Listing Office:

Engel & Voelkers Seattle DT

#2072538

$1,588,000

$10,000 Closing Credit

2 Full, 1 Partial

2,170 SqFt

2801 SW 171st St, Burien WA, 98166

Veronique Hval

Listing Office:

Windermere Real Estate Co.

#2072320

11804 Seola Beach Dr SW, Burien, WA 98146

$1,750,000

$10,000 Closing Credit

3 Full, 3 Partial

4,310 SqFt

11804 Seola Beach Dr SW, Burien WA, 98146

Shane Xiang

Listing Office:

COMPASS

#2072393

$1,900,000

$10,000 Closing Credit

2 Full, 1 Partial

3,570 SqFt

2660 SW 151st Pl, Burien WA, 98166

Melanni Rezek

Listing Office:

Keller Williams Rlty Lk Tapps

#2071712

$689,950

$9,832 Closing Credit

1,035 SqFt

1123F 18th Ave, Seattle WA, 98122

Ingrid D. Aleong

Listing Office:

Real Property Associates

#2071938

$699,950

$9,974 Closing Credit

1,003 SqFt

1113A 18th Ave, Seattle WA, 98122

Ingrid D. Aleong

Listing Office:

Real Property Associates

#2061232

About Burien, WA

There are 104 homes are for sale in Burien, WA real estate market. The number of homes for sale in Burien, WA increased by 10.6% between March 2023 and April 2023. In April 2023, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $680,000. This housing market listing prices have changed between March 2023 and April 2023: 1 bedroom properties prices increased by 0.9%, 2 bedrooms properties became 6.4% more expensive, prices of 3 bedrooms properties went down by 1.5%, 4 bedrooms properties became 0.9% more expensive, 5 bedrooms properties became 16.7% more expensive. Volume of homes for sale in this real estate market have seen the following changes: 1 bedroom homes inventory increased by 20%, number of 2 bedrooms homes increased by 12.5%, number of 3 bedrooms homes increased by 11.1%, 4 bedrooms homes inventory increased by 12%, 5 bedrooms homes inventory did not change. While more than 15 listings in Burien, WA in April 2023 were sold above asking price, there were more than 8 listings sold at asking price, and more than 5 were sold below.

MLS Disclaimers and Copyright

Based on information from Northwest Multiple Listing Service for the period 05/01/2021 - 05/01/2023

IDX 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 © 2023 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2023, 7:17:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.