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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Concrete is a buyer's market

Buyer's
Market

Difference Since June 2023

At the same time last year, Concrete was a Neutral Market.

Key Takeaway

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

Housing Prices in Concrete, WA

How much do homes in Concrete, WA cost?

Median Sold Price

$375,000

$271/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$25,000(+7.1%)

Key Takeaway

Homes in Concrete have sold for 7.1% more than they did a year ago.

Summary: The median home sold price in Concrete was $375,000 in June 2024, up 7.1% from last year, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $235K$120K
-48.9%
2 $317K$260K
-18.0%
3 $355K$389K
+9.6%
4 $372.5K$645.9K
+73.4%
5+ -$498.7K
N/A

Summary: Concrete housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.9%, 2 bedroom homes decreased by 18%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 73.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Concrete
+7.1%
East Skagit
0.0%

Housing Supply in Concrete, WA

How many homes are available in Concrete, WA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
4344+2.3%

Summary: The Concrete real estate market had 44 homes for sale in June 2024, a 2.3% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 78
+14.3%
2 1412
-14.3%
3 1821
+16.7%
4 31
-66.7%
5+ 12
+100.0%

Summary: The Concrete housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

May 2024Jun 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Concrete, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 6 homes were sold or pending in Concrete in June 2024, down by 33.3% month-over-month. Of the 6 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% 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

Jun 2023Jun 2024CHANGE
29 Days12 Days-57.8%

Summary: Homes in Concrete had an average of 12 days on market in Jun 2024, down by 57.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 June 2024, 6 homes were sold in Concrete; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 26 Days Ago

Newest Listings in Concrete, WA

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