Is Mattawa-Royal City, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Mattawa-Royal City has remained a Buyer's Market.
Key Takeaway
Mattawa-Royal City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mattawa-Royal City, WA
How much do homes in Mattawa-Royal City, WA cost?
Median Sold Price
$385,000
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mattawa-Royal City have sold for 10.4% less than they did a year ago.
Summary: The median home sold price in Mattawa-Royal City was $385,000 in March 2024, down 10.4% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $394.9K | $315K | -20.2% |
| 3 Bedrooms | $415K | $353.3K | -14.9% |
| 4 Bedrooms | $510K | $449.9K | -11.8% |
| 5+ Bedrooms | $330K | - | N/A |
Summary: Mattawa-Royal City housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20.2%, 3 bedroom homes decreased by 14.9%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes did not change.
Housing Supply in Mattawa-Royal City, WA
How many homes are available in Mattawa-Royal City, WA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 34 | 46 | +35.3% |
Summary: The Mattawa-Royal City real estate market had 46 homes for sale in March 2024, a 35.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 22 | 26 | +18.2% |
| 4 Bedrooms | 8 | 15 | +87.5% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mattawa-Royal City 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 25%, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 87.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 6 | +500.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mattawa-Royal City, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Mattawa-Royal City in March 2024, up by 500.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Mattawa-Royal City, WA
How long does it take to sell a home in Mattawa-Royal City, WA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 131 Days | 37 Days | -71.4% |
Summary: Homes in Mattawa-Royal City had an average of 37 days on market in Mar 2024, down by 71.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mattawa-Royal City are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 6 homes were sold in Mattawa-Royal City; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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.