Team Luxe Real Estate | Market Insights

Seabeck, WA

Single-Family Homes

206-672-5724 | https://teamluxere.com/


Seabeck, WA

Wed Dec 04 2024
This week the median list price for Seabeck, WA is $752,499 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has held steady at or around 8. Click here to stay informed with the Seabeck market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Seabeck, WA

Wed Dec 04 2024
This week the median list price for Seabeck, WA is $752,499 with the market action index hovering around 36. This is about the same as last month's market action index of 36. Inventory has held steady at or around 8. Click here to stay informed with the Seabeck market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Seabeck market.
Median List Price $752,499
Median Price of New Listings $949,000
Per Square Foot $354
Average Days on Market 104
Median Days on Market 46
Price Decreased 38%
Price Increased 0%
Relisted 0%
Inventory 8
Median Rent
Market Action 36
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,399,500 5,185 2.5 - 5 acres 3 2.8 34 1 0 234
$787,499 1,300 10 - 20 acres 2 1.3 40 0 0 122
$698,999 2,285 2.5 - 5 acres 3 3 31 0 0 38
$350,000 1,196 1 - 2.5 acres 2 1 81 0 0 21