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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tonasket is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Tonasket has remained a Seller's Market.

Key Takeaway

Tonasket is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Tonasket, WA

How much do homes in Tonasket, WA cost?

Median Sold Price

$335,000

$123/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$10,000(-2.9%)

Key Takeaway

Homes in Tonasket have sold for 2.9% less than they did a month ago.

Summary: The median home sold price in Tonasket was $335,000 in November 2024, down 2.9% from last month, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $356.4K$330K
-7.4%
3 $300K$335K
+11.7%
4 $430K$295K
-31.4%
5+ $385K-
N/A

Summary: Tonasket 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 decreased by 7.4%, 3 bedroom homes increased by 11.7%, 4 bedroom homes decreased by 31.4%, 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

Oct 2024Nov 2024CHANGE
3425-26.5%

Summary: The Tonasket real estate market had 25 homes for sale in November 2024, a 26.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 44
0.0%
2 119
-18.2%
3 94
-55.6%
4 87
-12.5%
5+ 21
-50.0%

Summary: The Tonasket housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.2%, 3 bedroom homes decreased by 55.6%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
95-44.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tonasket, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Tonasket in November 2024, down by 44.4% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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

Oct 2024Nov 2024CHANGE
102 Days105 Days+2.4%

Summary: Homes in Tonasket had an average of 105 days on market in Nov 2024, up by 2.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Tonasket are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 5 homes were sold in Tonasket; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% 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 21 Days Ago

Newest Listings in Tonasket, WA

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