Is Tukwila, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Tukwila was a Seller's Market.
Housing Prices in Tukwila, WA
How much do homes in Tukwila, WA cost?
Median Sold Price
$515,000
$338/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Tukwila was $515,000 in April 2024, down 10.4% from last year, and the median price per square foot was $338.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $209.7K | $272.2K | +29.8% |
2 Bedrooms | $353.1K | $350.3K | -0.8% |
3 Bedrooms | $610K | $592.4K | -2.9% |
4 Bedrooms | $712.5K | $625K | -12.3% |
5+ Bedrooms | $820K | $815K | -0.6% |
Summary: Tukwila housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.8%, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes decreased by 0.6%.
Housing Supply in Tukwila, WA
How many homes are available in Tukwila, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 49 | +58.1% |
Summary: The Tukwila real estate market had 49 homes for sale in April 2024, a 58.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 11 | 15 | +36.4% |
3 Bedrooms | 7 | 12 | +71.4% |
4 Bedrooms | 7 | 13 | +85.7% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Tukwila housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 36.4%, 3 bedroom homes increased by 71.4%, 4 bedroom homes increased by 85.7%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 8 | +14.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Tukwila in April 2024, up by 14.3% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and 50% were sold over asking.
Days on Market for Tukwila, WA
How long does it take to sell a home in Tukwila, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
33 Days | 19 Days | -43.6% |
Summary: Homes in Tukwila had an average of 19 days on market in Apr 2024, down by 43.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Tukwila; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.