Is Colville Reservation, 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 Reservation has remained a Seller's Market.
Housing Prices in Colville Reservation, WA
How much do homes in Colville Reservation, WA cost?
Median Sold Price
$208,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Colville Reservation was $208,000 in March 2024, up 12.4% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $112.5K | $227.5K | +102.2% |
2 Bedrooms | $164K | $166K | +1.2% |
3 Bedrooms | $244.5K | $215K | -12.1% |
4 Bedrooms | $372.7K | $330K | -11.5% |
5+ Bedrooms | - | - | N/A |
Summary: Colville Reservation housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 102.2%, 2 bedroom homes increased by 1.2%, 3 bedroom homes decreased by 12.1%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes did not change.
Housing Supply in Colville Reservation, WA
How many homes are available in Colville Reservation, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 18 | +38.5% |
Summary: The Colville Reservation real estate market had 18 homes for sale in March 2024, a 38.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 7 | +75.0% |
3 Bedrooms | 6 | 9 | +50.0% |
4 Bedrooms | 2 | 1 | -50.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Colville Reservation 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 increased by 75%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Colville Reservation in March 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Colville Reservation, WA
How long does it take to sell a home in Colville Reservation, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
59 Days | 42 Days | -28.8% |
Summary: Homes in Colville Reservation had an average of 42 days on market in Mar 2024, down by 28.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 4 homes were sold in Colville Reservation; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.