Is Colville, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Colville has remained a Buyer's Market.
Key Takeaway
Colville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Colville, WA
How much do homes in Colville, WA cost?
Median Sold Price
$322,500
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Colville have sold for 5.7% less than they did a year ago.
Summary: The median home sold price in Colville was $322,500 in March 2024, down 5.7% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $165K | -10.8% |
| 2 Bedrooms | $234K | $250K | +6.8% |
| 3 Bedrooms | $337.5K | $310K | -8.1% |
| 4 Bedrooms | $358K | $346.9K | -3.1% |
| 5+ Bedrooms | $350K | $430K | +22.9% |
Summary: Colville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.8%, 2 bedroom homes increased by 6.8%, 3 bedroom homes decreased by 8.1%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes increased by 22.9%.
Housing Supply in Colville, WA
How many homes are available in Colville, WA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 37 | +12.1% |
Summary: The Colville real estate market had 37 homes for sale in March 2024, a 12.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Colville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Colville, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Colville in March 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Colville, WA
How long does it take to sell a home in Colville, WA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 81 Days | 49 Days | -38.5% |
Summary: Homes in Colville had an average of 49 days on market in Mar 2024, down by 38.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Colville has remained consistent over time.
Summary: During March 2024, 5 homes were sold in Colville; 20% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of Spokane Association of REALTORS® MLS 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.