Is Walla Walla-College Place, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Walla Walla-College Place has remained a Seller's Market.
Housing Prices in Walla Walla-College Place, WA
How much do homes in Walla Walla-College Place, WA cost?
Median Sold Price
$419,633
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Walla Walla-College Place was $419,633 in May 2024, up 1.1% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $223.5K | $260K | +16.3% |
2 Bedrooms | $290K | $294.5K | +1.6% |
3 Bedrooms | $399.5K | $404.9K | +1.4% |
4 Bedrooms | $489K | $515K | +5.3% |
5+ Bedrooms | $552K | $600K | +8.7% |
Summary: Walla Walla-College Place housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.3%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Cities
Walla Walla | $399K | $423.7K | +6.2% |
Walla Walla-College Place | $415K | $419.6K | +1.1% |
College Place | $403.5K | $400K | -0.9% |
Housing Supply in Walla Walla-College Place, WA
How many homes are available in Walla Walla-College Place, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
219 | 236 | +7.8% |
Summary: The Walla Walla-College Place real estate market had 236 homes for sale in May 2024, a 7.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 28 | 26 | -7.1% |
3 Bedrooms | 111 | 112 | +0.9% |
4 Bedrooms | 55 | 64 | +16.4% |
5+ Bedrooms | 24 | 31 | +29.2% |
Summary: The Walla Walla-College Place housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 16.4%, and 5+ bedroom homes increased by 29.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
52 | 45 | -13.5% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 45 homes were sold or pending in Walla Walla-College Place in May 2024, down by 13.5% month-over-month. Of the 45 sold homes, 53% were sold under asking, 31% were sold at asking, and 16% were sold over asking.
Days on Market for Walla Walla-College Place, WA
How long does it take to sell a home in Walla Walla-College Place, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 46 Days | +63.5% |
Summary: Homes in Walla Walla-College Place had an average of 46 days on market in May 2024, up by 63.5% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During May 2024, 45 homes were sold in Walla Walla-College Place; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.