Is Conconully-Riverside, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Conconully-Riverside is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Conconully-Riverside has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Conconully-Riverside, WA

How much do homes in Conconully-Riverside, WA cost?

Median Sold Price

$362,500

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$37,500(+11.5%)

Key Takeaway

Homes in Conconully-Riverside have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in Conconully-Riverside was $362,500 in May 2024, up 11.5% from last year, and the median price per square foot was $192.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $520K$214.9K
-58.7%
2 $309.5K$330K
+6.6%
3 $318.5K$295K
-7.4%
4 -$385K
N/A
5+ -$770K
N/A

Summary: Conconully-Riverside housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58.7%, 2 bedroom homes increased by 6.6%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Conconully-Riverside
+11.5%
Omak
+10.9%

Housing Supply in Conconully-Riverside, WA

How many homes are available in Conconully-Riverside, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
17170.0%

Summary: The Conconully-Riverside real estate market had 17 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 54
-20.0%
3 88
0.0%
4 35
+66.7%
5+ 10
-100.0%

Summary: The Conconully-Riverside housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes remained the same, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 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 Conconully-Riverside, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Conconully-Riverside in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Conconully-Riverside, WA

How long does it take to sell a home in Conconully-Riverside, WA?

Average Sale Time

May 2023May 2024CHANGE
138 Days63 Days-53.9%

Summary: Homes in Conconully-Riverside had an average of 63 days on market in May 2024, down by 53.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Conconully-Riverside are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 3 homes were sold in Conconully-Riverside; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 5 Days Ago

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