Is Malone-Porter, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Malone-Porter is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Malone-Porter has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Malone-Porter, WA

How much do homes in Malone-Porter, WA cost?

Median Sold Price

$394,950

$261/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$72,550(-15.5%)

Key Takeaway

Homes in Malone-Porter have sold for 15.5% less than they did a month ago.

Summary: The median home sold price in Malone-Porter was $394,950 in March 2024, down 15.5% from last month, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 -$394.9K
N/A
3 $467.5K-
N/A
4 --
N/A
5+ --
N/A

Summary: Malone-Porter housing prices by bedroom type for March 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Malone-Porter, WA

How many homes are available in Malone-Porter, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
990.0%

Summary: The Malone-Porter real estate market had 9 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 64
-33.3%
4 01
+100.0%
5+ 11
0.0%

Summary: The Malone-Porter 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 50%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Malone-Porter, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Malone-Porter in March 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Malone-Porter, WA

How long does it take to sell a home in Malone-Porter, WA?

Average Sale Time

Feb 2024Mar 2024CHANGE
30 Days112 Days+275.0%

Summary: Homes in Malone-Porter had an average of 112 days on market in Mar 2024, up by 275% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Malone-Porter has remained consistent over time.

Summary: During March 2024, 2 homes were sold in Malone-Porter; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 23 Days Ago

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