Is Pateros, 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, Pateros has remained a Seller's Market.
Key Takeaway
Pateros is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pateros, WA
How much do homes in Pateros, WA cost?
Median Sold Price
$427,000
$251/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Pateros have sold for 2.6% more than they did a month ago.
Summary: The median home sold price in Pateros was $427,000 in May 2024, up 2.6% from last month, and the median price per square foot was $251.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $385K | N/A |
| 3 Bedrooms | $412K | $469K | +13.8% |
| 4 Bedrooms | $420K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Pateros 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 13.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Pateros | $416K | $427K | +2.6% |
| Brewster-Wakefield | $416K | $417.5K | 0.4% |
Housing Supply in Pateros, WA
How many homes are available in Pateros, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 10 | +11.1% |
Summary: The Pateros real estate market had 10 homes for sale in May 2024, a 11.1% 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 | 4 | 6 | +50.0% |
| 3 Bedrooms | 3 | 3 | 0.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pateros 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 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pateros, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Pateros in May 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Pateros, WA
How long does it take to sell a home in Pateros, WA?
Average Sale Time
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 158 Days | 124 Days | -21.5% |
Summary: Homes in Pateros had an average of 124 days on market in May 2024, down by 21.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pateros are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Pateros; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.