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

Last month, Winthrop was a Buyer'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

$685,000

$437/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$256,000(+59.7%)

Key Takeaway

Homes in Winthrop have sold for 59.7% more than they did a month ago.

Summary: The median home sold price in Winthrop was $685,000 in October 2024, up 59.7% from last month, and the median price per square foot was $437.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $128.4K-
N/A
2 $429K$625K
+45.7%
3 $510K$840K
+64.7%
4 --
N/A
5+ --
N/A

Summary: Winthrop housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 45.7%, 3 bedroom homes increased by 64.7%, 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

Sep 2024Oct 2024CHANGE
3236+12.5%

Summary: The Winthrop real estate market had 36 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 1214
+16.7%
3 1518
+20.0%
4 33
0.0%
5+ 00
0.0%

Summary: The Winthrop housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Winthrop in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% 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

Sep 2024Oct 2024CHANGE
110 Days32 Days-70.8%

Summary: Homes in Winthrop had an average of 32 days on market in Oct 2024, down by 70.8% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 October 2024, 7 homes were sold in Winthrop; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% 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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