Is Colville Reservation, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Colville Reservation was a Buyer's Market.
Housing Prices in Colville Reservation, WA
How much do homes in Colville Reservation, WA cost?
Median Sold Price
$192,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Colville Reservation was $192,000 in May 2024, up 5.2% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112.5K | $227.5K | +102.2% |
2 Bedrooms | $160K | $163K | +1.9% |
3 Bedrooms | $229.7K | $212.5K | -7.5% |
4 Bedrooms | $372.7K | $330K | -11.5% |
5+ Bedrooms | - | - | N/A |
Summary: Colville Reservation housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 102.2%, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes did not change.
Housing Supply in Colville Reservation, WA
How many homes are available in Colville Reservation, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 18 | +5.9% |
Summary: The Colville Reservation real estate market had 18 homes for sale in May 2024, a 5.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 8 | 7 | -12.5% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Colville Reservation 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 increased by 14.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
0 | 4 | +100.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Colville Reservation in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Colville Reservation, WA
How long does it take to sell a home in Colville Reservation, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
30 Days | 208 Days | +593.3% |
Summary: Homes in Colville Reservation had an average of 208 days on market in May 2024, up by 593.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Colville Reservation; 25% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.