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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Chattaroy is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Chattaroy was a Seller's Market.

Key Takeaway

Chattaroy is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Chattaroy, WA

How much do homes in Chattaroy, WA cost?

Median Sold Price

$607,500

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$41,500(-6.4%)

Key Takeaway

Homes in Chattaroy have sold for 6.4% less than they did a year ago.

Summary: The median home sold price in Chattaroy was $607,500 in March 2024, down 6.4% from last year, and the median price per square foot was $226.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $272.5K-
N/A
2 $480K$499K
+4.0%
3 $590K$575K
-2.5%
4 $657.5K$630K
-4.2%
5+ $685K$682.5K
-0.4%

Summary: Chattaroy housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes decreased by 0.4%.

Median Sold Price Compared To Nearby Cities

Mount Spokane
+5.2%
Colbert
-2.4%
Mead
-5.8%
Chattaroy
-6.4%

Housing Supply in Chattaroy, WA

How many homes are available in Chattaroy, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1316+23.1%

Summary: The Chattaroy real estate market had 16 homes for sale in March 2024, a 23.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 00
0.0%
3 36
+100.0%
4 67
+16.7%
5+ 32
-33.3%

Summary: The Chattaroy housing inventory by bedroom type for March 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 16.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Chattaroy, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Chattaroy in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Chattaroy, WA

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

Average Sale Time

Mar 2023Mar 2024CHANGE
90 Days64 Days-28.3%

Summary: Homes in Chattaroy had an average of 64 days on market in Mar 2024, down by 28.3% compared to last year.

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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 2 homes were sold in Chattaroy; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Chattaroy, WA

Nearby Markets to Chattaroy, WA

What housing markets are near Chattaroy, WA?