Is Mattawa, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mattawa is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Mattawa was a Neutral Market.

Key Takeaway

Mattawa is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mattawa, WA

How much do homes in Mattawa, WA cost?

Median Sold Price

$582,000

$231/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$247,000(+73.7%)

Key Takeaway

Homes in Mattawa have sold for 73.7% more than they did a month ago.

Summary: The median home sold price in Mattawa was $582,000 in October 2024, up 73.7% from last month, and the median price per square foot was $231.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $310K-
N/A
3 -$453.5K
N/A
4 $659.9K$627K
-5.0%
5+ --
N/A

Summary: Mattawa housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 5%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mattawa
+73.7%
Mattawa-Royal City
-3.0%

Housing Supply in Mattawa, WA

How many homes are available in Mattawa, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2624-7.7%

Summary: The Mattawa real estate market had 24 homes for sale in October 2024, a 7.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 64
-33.3%
3 1417
+21.4%
4 63
-50.0%
5+ 00
0.0%

Summary: The Mattawa housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mattawa, 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 Mattawa in October 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 Mattawa, WA

How long does it take to sell a home in Mattawa, WA?

Average Sale Time

Sep 2024Oct 2024CHANGE
114 Days74 Days-34.8%

Summary: Homes in Mattawa had an average of 74 days on market in Oct 2024, down by 34.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mattawa are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 3 homes were sold in Mattawa; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Mattawa, WA

Nearby Markets to Mattawa, WA

What housing markets are near Mattawa, WA?