Is Manastash Ridge, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Manastash Ridge has remained a Seller's Market.
Key Takeaway
Manastash Ridge is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Manastash Ridge, WA
How much do homes in Manastash Ridge, WA cost?
Median Sold Price
$695,547
$344/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Key Takeaway
Homes in Manastash Ridge have sold for 13.1% more than they did a year ago.
Summary: The median home sold price in Manastash Ridge was $695,547 in June 2024, up 13.1% from last year, and the median price per square foot was $344.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $399.9K | $348.5K | -12.9% |
| 2 Bedrooms | $500K | $519K | +3.8% |
| 3 Bedrooms | $694.5K | $723.5K | +4.2% |
| 4 Bedrooms | $1.2M | $1.1M | -5.5% |
| 5+ Bedrooms | - | $1.5M | N/A |
Summary: Manastash Ridge housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 12.9%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Manastash Ridge | $615K | $695.5K | +13.1% |
| Ellensburg | $477.5K | $455.4K | -4.6% |
Housing Supply in Manastash Ridge, WA
How many homes are available in Manastash Ridge, WA?
Number of Homes For Sale
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 64 | 76 | +18.8% |
Summary: The Manastash Ridge real estate market had 76 homes for sale in June 2024, a 18.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 6 | 0.0% |
| 2 Bedrooms | 12 | 13 | +8.3% |
| 3 Bedrooms | 34 | 43 | +26.5% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Manastash Ridge housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 26.5%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| May 2024 | Jun 2024 | CHANGE |
|---|---|---|
| 10 | 14 | +40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Manastash Ridge, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Manastash Ridge in June 2024, up by 40.0% month-over-month. Of the 14 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Manastash Ridge, WA
How long does it take to sell a home in Manastash Ridge, WA?
Average Sale Time
| Jun 2023 | Jun 2024 | CHANGE |
|---|---|---|
| 14 Days | 44 Days | +207.8% |
Summary: Homes in Manastash Ridge had an average of 44 days on market in Jun 2024, up by 207.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Manastash Ridge are selling fast, if you're buying plan to act quickly.
Summary: During June 2024, 14 homes were sold in Manastash Ridge; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.