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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Concrete is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Concrete has remained a Seller's Market.

Key Takeaway

Concrete is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Concrete, WA

How much do homes in Concrete, WA cost?

Median Sold Price

$375,000

$266/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$25,050(+7.2%)

Key Takeaway

Homes in Concrete have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in Concrete was $375,000 in May 2024, up 7.2% from last year, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $235K$100K
-57.4%
2 $303.5K$308.5K
+1.6%
3 $355K$390K
+9.9%
4 $415K$644.9K
+55.4%
5+ -$498.7K
N/A

Summary: Concrete housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.4%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 55.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Concrete
+7.2%
East Skagit
+5.9%

Housing Supply in Concrete, WA

How many homes are available in Concrete, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3442+23.5%

Summary: The Concrete real estate market had 42 homes for sale in May 2024, a 23.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 67
+16.7%
2 1214
+16.7%
3 1117
+54.5%
4 33
0.0%
5+ 21
-50.0%

Summary: The Concrete housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 54.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Apr 2024May 2024CHANGE
59+80.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Concrete, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Concrete in May 2024, up by 80.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.

Days on Market for Concrete, WA

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

Average Sale Time

May 2023May 2024CHANGE
128 Days48 Days-62.1%

Summary: Homes in Concrete had an average of 48 days on market in May 2024, down by 62.1% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 9 homes were sold in Concrete; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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 20 Days Ago

Newest Listings in Concrete, WA

Nearby Markets to Concrete, WA

What housing markets are near Concrete, WA?