Is Navy Yard City, 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, Navy Yard City has remained a Seller's Market.
Housing Prices in Navy Yard City, WA
How much do homes in Navy Yard City, WA cost?
Median Sold Price
$338,750
$274/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Navy Yard City was $338,750 in March 2024, down 3.2% from last year, and the median price per square foot was $274.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $200K | $299.9K | +50.0% |
2 Bedrooms | $302.5K | $303.8K | 0.4% |
3 Bedrooms | $389.9K | $365K | -6.4% |
4 Bedrooms | $410K | $405K | -1.2% |
5+ Bedrooms | $470K | $542.5K | +15.4% |
Summary: Navy Yard City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 0.4%, 3 bedroom homes decreased by 6.4%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes increased by 15.4%.
Median Sold Price Compared To Nearby Neighborhoods
Sunn Fjord | $260K | $277.5K | +6.7% |
Navy Yard City | $350K | $338.7K | -3.2% |
Housing Supply in Navy Yard City, WA
How many homes are available in Navy Yard City, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
19 | 16 | -15.8% |
Summary: The Navy Yard City real estate market had 16 homes for sale in March 2024, a 15.8% decrease 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 | 8 | 9 | +12.5% |
3 Bedrooms | 7 | 4 | -42.9% |
4 Bedrooms | 3 | 2 | -33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Navy Yard City 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 12.5%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Navy Yard City in March 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Navy Yard City, WA
How long does it take to sell a home in Navy Yard City, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
14 Days | 58 Days | +294.7% |
Summary: Homes in Navy Yard City had an average of 58 days on market in Mar 2024, up by 294.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Navy Yard City; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.