Is Quincy, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Quincy was a Buyer's Market.
Key Takeaway
Quincy is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Quincy, WA
How much do homes in Quincy, WA cost?
Median Sold Price
$397,450
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Quincy have sold for 1% more than they did a year ago.
Summary: The median home sold price in Quincy was $397,450 in May 2024, up 1% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $307K | $268K | -12.7% |
| 2 Bedrooms | $505K | $500K | -1.0% |
| 3 Bedrooms | $375K | $390K | +4.0% |
| 4 Bedrooms | $417K | $397K | -4.8% |
| 5+ Bedrooms | $394K | $1.1M | +180.5% |
Summary: Quincy housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.7%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 180.5%.
Housing Supply in Quincy, WA
How many homes are available in Quincy, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 57 | 75 | +31.6% |
Summary: The Quincy real estate market had 75 homes for sale in May 2024, a 31.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 12 | 15 | +25.0% |
| 2 Bedrooms | 14 | 22 | +57.1% |
| 3 Bedrooms | 23 | 25 | +8.7% |
| 4 Bedrooms | 6 | 11 | +83.3% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Quincy housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 57.1%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 83.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 12 | +140.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Quincy, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.
Summary: A total of 12 homes were sold or pending in Quincy in May 2024, up by 140.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 25% were sold at asking, and 42% were sold over asking.
Days on Market for Quincy, WA
How long does it take to sell a home in Quincy, WA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 47 Days | 21 Days | -53.4% |
Summary: Homes in Quincy had an average of 21 days on market in May 2024, down by 53.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Quincy are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 12 homes were sold in Quincy; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.