Is Orondo, 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, Orondo has remained a Seller's Market.
Housing Prices in Orondo, WA
How much do homes in Orondo, WA cost?
Median Sold Price
$550,000
$401/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Orondo was $550,000 in May 2024, down 27.4% from last year, and the median price per square foot was $401.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $212.5K | $274.5K | +29.2% |
2 Bedrooms | $390K | $425K | +9.0% |
3 Bedrooms | $758.9K | $550K | -27.5% |
4 Bedrooms | $1.3M | $1.5M | +10.4% |
5+ Bedrooms | $1.2M | - | N/A |
Summary: Orondo housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.2%, 2 bedroom homes increased by 9%, 3 bedroom homes decreased by 27.5%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Entiat | $470K | $480K | +2.1% |
Orondo | $757.9K | $550K | -27.4% |
Housing Supply in Orondo, WA
How many homes are available in Orondo, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 19 | +18.8% |
Summary: The Orondo real estate market had 19 homes for sale in May 2024, a 18.8% 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 | 2 | 4 | +100.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Orondo 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 increased by 100%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Orondo in May 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Orondo, WA
How long does it take to sell a home in Orondo, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
3 Days | 20 Days | +445.5% |
Summary: Homes in Orondo had an average of 20 days on market in May 2024, up by 445.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Orondo; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.