Is Concrete, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Concrete has remained a Seller's Market.
Key Takeaway
Concrete is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Concrete, WA
How much do homes in Concrete, WA cost?
Median Sold Price
$375,000
$266/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Concrete have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Concrete was $375,000 in May 2024, up 7.2% from last year, and the median price per square foot was $266.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $100K | -57.4% |
| 2 Bedrooms | $303.5K | $308.5K | +1.6% |
| 3 Bedrooms | $355K | $390K | +9.9% |
| 4 Bedrooms | $415K | $644.9K | +55.4% |
| 5+ Bedrooms | - | $498.7K | N/A |
Summary: Concrete housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.4%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 55.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Concrete | $349.9K | $375K | +7.2% |
| East Skagit | $339.9K | $360K | +5.9% |
Housing Supply in Concrete, WA
How many homes are available in Concrete, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 34 | 42 | +23.5% |
Summary: The Concrete real estate market had 42 homes for sale in May 2024, a 23.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 12 | 14 | +16.7% |
| 3 Bedrooms | 11 | 17 | +54.5% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Concrete housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 54.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 9 | +80.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Concrete, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Concrete in May 2024, up by 80.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.
Days on Market for Concrete, WA
How long does it take to sell a home in Concrete, WA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 128 Days | 48 Days | -62.1% |
Summary: Homes in Concrete had an average of 48 days on market in May 2024, down by 62.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Concrete are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 9 homes were sold in Concrete; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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.