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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Twisp is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Twisp was a Buyer's Market.

Key Takeaway

Twisp is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Twisp, WA

How much do homes in Twisp, WA cost?

Median Sold Price

$400,400

$252/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$51,900(+14.9%)

Key Takeaway

Homes in Twisp have sold for 14.9% more than they did a month ago.

Summary: The median home sold price in Twisp was $400,400 in May 2024, up 14.9% from last month, and the median price per square foot was $252.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$400.4K
N/A
2 $380K-
N/A
3 $317K$460K
+45.1%
4 -$275K
N/A
5+ --
N/A

Summary: Twisp 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 increased by 45.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Twisp, WA

How many homes are available in Twisp, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
1521+40.0%

Summary: The Twisp real estate market had 21 homes for sale in May 2024, a 40.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 12
+100.0%
2 56
+20.0%
3 710
+42.9%
4 12
+100.0%
5+ 11
0.0%

Summary: The Twisp housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Twisp, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Twisp in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Twisp, WA

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

Average Sale Time

Apr 2024May 2024CHANGE
8 Days61 Days+625.5%

Summary: Homes in Twisp had an average of 61 days on market in May 2024, up by 625.5% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 3 homes were sold in Twisp; 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 9 Days Ago

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