Is Manastash Ridge, 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, Manastash Ridge was a Seller's Market.
Housing Prices in Manastash Ridge, WA
How much do homes in Manastash Ridge, WA cost?
Median Sold Price
$710,000
$340/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Manastash Ridge was $710,000 in May 2024, up 23.5% from last year, and the median price per square foot was $340.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $399.9K | $335.5K | -16.1% |
2 Bedrooms | $495K | $549K | +10.9% |
3 Bedrooms | $670K | $770K | +14.9% |
4 Bedrooms | $1.2M | $1.2M | +4.2% |
5+ Bedrooms | - | - | N/A |
Summary: Manastash Ridge housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.1%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Manastash Ridge | $575K | $710K | +23.5% |
Ellensburg | $463.9K | $457.2K | -1.4% |
Housing Supply in Manastash Ridge, WA
How many homes are available in Manastash Ridge, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
50 | 64 | +28.0% |
Summary: The Manastash Ridge real estate market had 64 homes for sale in May 2024, a 28.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 6 | +100.0% |
2 Bedrooms | 10 | 12 | +20.0% |
3 Bedrooms | 26 | 34 | +30.8% |
4 Bedrooms | 10 | 10 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Manastash Ridge housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 30.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 9 | +125.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Manastash Ridge in May 2024, up by 125.0% month-over-month. Of the 9 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Manastash Ridge, WA
How long does it take to sell a home in Manastash Ridge, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 11 Days | +4.1% |
Summary: Homes in Manastash Ridge had an average of 11 days on market in May 2024, up by 4.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Manastash Ridge; 78% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.