Is Riverside, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Riverside has remained a Seller's Market.
Housing Prices in Riverside, WA
How much do homes in Riverside, WA cost?
Median Sold Price
$300,000
$200/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Riverside was $300,000 in May 2024, up 20% from last month, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $250K | $260K | +4.0% |
3 Bedrooms | $163.5K | - | N/A |
4 Bedrooms | - | $340K | N/A |
5+ Bedrooms | $770K | - | N/A |
Summary: Riverside housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Riverside, WA
How many homes are available in Riverside, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
9 | 11 | +22.2% |
Summary: The Riverside real estate market had 11 homes for sale in May 2024, a 22.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 1 | 2 | +100.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Riverside in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Riverside, WA
How long does it take to sell a home in Riverside, WA?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
258 Days | 22 Days | -91.5% |
Summary: Homes in Riverside had an average of 22 days on market in May 2024, down by 91.5% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Riverside; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.