Is International District, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing International District is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, International District was a Seller's Market.

Key Takeaway

International District is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in International District, WA

How much do homes in International District, WA cost?

Median Sold Price

$387,475

$690/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$52,475(-11.9%)

Key Takeaway

Homes in International District have sold for 11.9% less than they did a year ago.

Summary: The median home sold price in International District was $387,475 in March 2024, down 11.9% from last year, and the median price per square foot was $690.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $404.9K$379.9K
-6.2%
2 $525K$575K
+9.5%
3 $980K-
N/A
4 --
N/A
5+ --
N/A

Summary: International District housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.2%, 2 bedroom homes increased by 9.5%, 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
+3.7%
Atlantic
-10.3%
International District
-11.9%

Housing Supply in International District, WA

How many homes are available in International District, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1513-13.3%

Summary: The International District real estate market had 13 homes for sale in March 2024, a 13.3% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 64
-33.3%
2 99
0.0%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The International District housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in International District, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in International District in March 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for International District, WA

How long does it take to sell a home in International District, WA?

Average Sale Time

Mar 2023Mar 2024CHANGE
42 Days119 Days+181.8%

Summary: Homes in International District had an average of 119 days on market in Mar 2024, up by 181.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in International District has remained consistent over time.

Summary: During March 2024, 2 homes were sold in International District; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

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

Report Updated 29 Days Ago

Newest Listings in International District, WA

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