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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winthrop is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Winthrop, WA

How much do homes in Winthrop, WA cost?

Median Sold Price

$805,000

$412/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$72,500(+9.9%)

Key Takeaway

Homes in Winthrop have sold for 9.9% more than they did a month ago.

Summary: The median home sold price in Winthrop was $805,000 in November 2024, up 9.9% from last month, and the median price per square foot was $412.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $625K$805K
+28.8%
3 $812.5K$663K
-18.4%
4 --
N/A
5+ --
N/A

Summary: Winthrop 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 increased by 28.8%, 3 bedroom homes decreased by 18.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Winthrop, WA

How many homes are available in Winthrop, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3225-21.9%

Summary: The Winthrop real estate market had 25 homes for sale in November 2024, a 21.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1413
-7.1%
3 1611
-31.3%
4 10
-100.0%
5+ 00
0.0%

Summary: The Winthrop 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 7.1%, 3 bedroom homes decreased by 31.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
85-37.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winthrop, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Winthrop in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.

Days on Market for Winthrop, WA

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

Average Sale Time

Oct 2024Nov 2024CHANGE
29 Days54 Days+82.9%

Summary: Homes in Winthrop had an average of 54 days on market in Nov 2024, up by 82.9% compared to last month.

Breakdown of Home Sale Times

3 Homes Were 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 Winthrop are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Winthrop; 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.

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

Report Updated 20 Days Ago

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