Is Five Corners, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Five Corners is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Five Corners has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Five Corners, WA

How much do homes in Five Corners, WA cost?

Median Sold Price

$477,475

$399/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$241,525(-33.6%)

Key Takeaway

Homes in Five Corners have sold for 33.6% less than they did a month ago.

Summary: The median home sold price in Five Corners was $477,475 in April 2024, down 33.6% from last month, and the median price per square foot was $399.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$320K
N/A
3 $797.5K$634.9K
-20.4%
4 $719K-
N/A
5+ --
N/A

Summary: Five Corners housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 20.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Five Corners, WA

How many homes are available in Five Corners, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
42-50.0%

Summary: The Five Corners real estate market had 2 homes for sale in April 2024, a 50.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 31
-66.7%
4 10
-100.0%
5+ 00
0.0%

Summary: The Five Corners housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Five Corners, 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 Five Corners in April 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Five Corners, WA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
5 Days7 Days+31.3%

Summary: Homes in Five Corners had an average of 7 days on market in Apr 2024, up by 31.3% compared to last month.

Breakdown of Home Sale Times

2 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 Five Corners are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Five Corners; 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 7 Days Ago

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