Is Touchet, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Touchet is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Touchet has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Touchet, WA

How much do homes in Touchet, WA cost?

Median Sold Price

$540,000

$281/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$185,000(-25.5%)

Key Takeaway

Homes in Touchet have sold for 25.5% less than they did a month ago.

Summary: The median home sold price in Touchet was $540,000 in May 2024, down 25.5% from last month, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 $722.5K$435K
-39.8%
4 $855K$851K
-0.5%
5+ --
N/A

Summary: Touchet 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 did not change, 3 bedroom homes decreased by 39.8%, 4 bedroom homes decreased by 0.5%, and 5+ bedroom homes did not change.

Housing Supply in Touchet, WA

How many homes are available in Touchet, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
119-18.2%

Summary: The Touchet real estate market had 9 homes for sale in May 2024, a 18.2% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 65
-16.7%
4 32
-33.3%
5+ 12
+100.0%

Summary: The Touchet 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 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Apr 2024May 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Touchet, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Touchet in May 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Touchet, WA

How long does it take to sell a home in Touchet, WA?

Average Sale Time

Apr 2024May 2024CHANGE
227 Days77 Days-65.9%

Summary: Homes in Touchet had an average of 77 days on market in May 2024, down by 65.9% compared to last month.

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 Touchet are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 3 homes were sold in Touchet; 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 1 Day Ago

Newest Listings in Touchet, WA

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