Is Tonasket, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Tonasket has remained a Buyer's Market.
Key Takeaway
Tonasket is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Tonasket, WA
How much do homes in Tonasket, WA cost?
Median Sold Price
$215,000
$194/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Tonasket have sold for 1.2% more than they did a month ago.
Summary: The median home sold price in Tonasket was $215,000 in May 2024, up 1.2% from last month, and the median price per square foot was $194.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $249K | +8.3% |
| 2 Bedrooms | $150K | $196K | +30.7% |
| 3 Bedrooms | $295K | - | N/A |
| 4 Bedrooms | $195K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Tonasket housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes increased by 8.3%, 2 bedroom homes increased by 30.7%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Tonasket, WA
How many homes are available in Tonasket, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 35 | 45 | +28.6% |
Summary: The Tonasket real estate market had 45 homes for sale in May 2024, a 28.6% 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 | 15 | 20 | +33.3% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Tonasket 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 33.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Tonasket, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Tonasket in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Tonasket, WA
How long does it take to sell a home in Tonasket, WA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 143 Days | 105 Days | -26.8% |
Summary: Homes in Tonasket had an average of 105 days on market in May 2024, down by 26.8% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Tonasket are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Tonasket; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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.