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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mattawa-Royal City is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Mattawa-Royal City was a Neutral Market.

Key Takeaway

Mattawa-Royal City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mattawa-Royal City, WA

How much do homes in Mattawa-Royal City, WA cost?

Median Sold Price

$404,150

$274/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$36,700(+10.0%)

Key Takeaway

Homes in Mattawa-Royal City have sold for 10% more than they did a month ago.

Summary: The median home sold price in Mattawa-Royal City was $404,150 in November 2024, up 10% from last month, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 -$210K
N/A
3 $319.2K$357.1K
+11.9%
4 $518.4K$686K
+32.3%
5+ --
N/A

Summary: Mattawa-Royal City housing prices by bedroom type for November 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 increased by 11.9%, 4 bedroom homes increased by 32.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mattawa
+31.9%
Mattawa-Royal City
+10.0%
Royal City
+8.5%

Housing Supply in Mattawa-Royal City, WA

How many homes are available in Mattawa-Royal City, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4031-22.5%

Summary: The Mattawa-Royal City real estate market had 31 homes for sale in November 2024, a 22.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 44
0.0%
3 2722
-18.5%
4 94
-55.6%
5+ 00
0.0%

Summary: The Mattawa-Royal City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.5%, 4 bedroom homes decreased by 55.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
68+33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

5 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-Royal City, expect to pay close to the asking price. 62.5% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Mattawa-Royal City in November 2024, up by 33.3% month-over-month. Of the 8 sold homes, 25% were sold under asking, 63% were sold at asking, and 13% were sold over asking.

Days on Market for Mattawa-Royal City, WA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
49 Days41 Days-16.2%

Summary: Homes in Mattawa-Royal City had an average of 41 days on market in Nov 2024, down by 16.2% compared to last month.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Mattawa-Royal City; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

Newest Listings in Mattawa-Royal City, WA

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