Is Tulalip Reservation, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tulalip Reservation is a seller's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

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

Housing Prices in Tulalip Reservation, WA

How much do homes in Tulalip Reservation, WA cost?

Median Sold Price

$675,000

$305/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$22,500(+3.4%)

Key Takeaway

Homes in Tulalip Reservation have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in Tulalip Reservation was $675,000 in February 2024, up 3.4% from last year, and the median price per square foot was $305.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$550K
N/A
2 $417K$420K
+0.7%
3 $605K$615K
+1.7%
4 $804K$764.4K
-4.9%
5+ $1.1M$800.6K
-27.2%

Summary: Tulalip Reservation housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes decreased by 27.2%.

Median Sold Price Compared To Nearby Cities

Everett
+6.3%
Tulalip Reservation
+3.4%
Marysville
+1.3%

Housing Supply in Tulalip Reservation, WA

How many homes are available in Tulalip Reservation, WA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1617+6.3%

Summary: The Tulalip Reservation real estate market had 17 homes for sale in February 2024, a 6.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 78
+14.3%
4 77
0.0%
5+ 11
0.0%

Summary: The Tulalip Reservation housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
18+700.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tulalip Reservation, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Tulalip Reservation in February 2024, up by 700.0% month-over-month. Of the 8 sold homes, 13% were sold under asking, 50% were sold at asking, and 38% were sold over asking.

Days on Market for Tulalip Reservation, WA

How long does it take to sell a home in Tulalip Reservation, WA?

Average Sale Time

Feb 2023Feb 2024CHANGE
63 Days46 Days-26.7%

Summary: Homes in Tulalip Reservation had an average of 46 days on market in Feb 2024, down by 26.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 8 homes were sold in Tulalip Reservation; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% 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 1 Day Ago

Newest Listings in Tulalip Reservation, WA

Nearby Markets to Tulalip Reservation, WA

What housing markets are near Tulalip Reservation, WA?