Single-Family Homes
Thu Feb 06 2025
This week the median list price for Seabeck, WA is $721,999 with the market action index hovering around 47. This is less than last month's market action index of 50. Inventory has increased to 4.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.
Median List Price | $721,999 | |
Median Price of New Listings | $734,000 | |
Per Square Foot | $331 | |
Average Days on Market | 123 | |
Median Days on Market | 109 | |
Price Decreased | 75% | |
Price Increased | 0% | |
Relisted | 50% | |
Inventory | 4 | |
Median Rent | ||
Market Action | 47 | |
Strong Seller's Market |
The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$749,000 | 1,560 | 10 - 20 acres | 3 | 1.5 | 48 | 1 | 0 | 189 |
$724,999 | 2,404 | 0.5 - 1 acre | 3 | 3.5 | 34 | 0 | 0 | 84 |
$719,000 | 1,987 | 5 - 10 acres | 3 | 2 | 19 | 1 | 0 | 119 |
$301,000 | 1,311 | 1 - 2.5 acres | 1 | 1 | 76 | 0 | 0 | 98 |