$10,000 Closing Credit*
$1,475,000
3,150 SqFt
5 Beds
•3 Full Baths, 1 Partial
Zack Hill, Listing Office: Keller Williams Seattle Metro
Is Riverview, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Riverview has remained a Seller's Market.
Key Takeaway
Riverview is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Riverview, WA
How much do homes in Riverview, WA cost?
Median Sold Price
$785,000
$410/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$92,500(+13.4%)
Key Takeaway
Homes in Riverview have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in Riverview was $785,000 in October 2024, up 13.4% from last year, and the median price per square foot was $410.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $410K | $430K | +4.9% |
| 2 Bedrooms | $590K | $535K | -9.3% |
| 3 Bedrooms | $644.9K | $720K | +11.6% |
| 4 Bedrooms | $898.9K | $924.5K | +2.8% |
| 5+ Bedrooms | $919.5K | $900K | -2.1% |
Summary: Riverview housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.9%, 2 bedroom homes decreased by 9.3%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes decreased by 2.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Riverview | $692.5K | $785K | +13.4% |
| Homecroft | $700K | $780K | +11.4% |
| North Delridge | $649K | $700K | +7.9% |
| Delridge | $644K | $683.4K | +6.1% |
| Cottage Grove | $710K | $665K | -6.3% |
Housing Supply in Riverview, WA
How many homes are available in Riverview, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Riverview real estate market had 19 homes for sale in October 2024, a 11.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 7 | 3 | -57.1% |
| 4 Bedrooms | 5 | 7 | +40.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Riverview 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 increased by 100%, 3 bedroom homes decreased by 57.1%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Riverview, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Riverview in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Riverview, WA
How long does it take to sell a home in Riverview, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 21 Days | 35 Days | +61.7% |
Summary: Homes in Riverview had an average of 35 days on market in Oct 2024, up by 61.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Riverview are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Riverview; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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.