$10,000 Closing Credit*
$1,815,000
4,072 SqFt
4 Beds
•1 Full Bath, 1 Partial
John Aber, Listing Office: Windermere RE/Methow Valley
Is Methow Valley, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Methow Valley was a Buyer's Market.
Key Takeaway
Methow Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Methow Valley, WA
How much do homes in Methow Valley, WA cost?
Median Sold Price
$600,000
$397/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$37,475(-5.9%)
Key Takeaway
Homes in Methow Valley have sold for 5.9% less than they did a year ago.
Summary: The median home sold price in Methow Valley was $600,000 in November 2024, down 5.9% from last year, and the median price per square foot was $397.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $479.9K | $465K | -3.1% |
| 2 Bedrooms | $637.4K | $617K | -3.2% |
| 3 Bedrooms | $715K | $637K | -10.9% |
| 4 Bedrooms | $562.2K | $398K | -29.2% |
| 5+ Bedrooms | $1.6M | - | N/A |
Summary: Methow Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 10.9%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Brewster-Wakefield | $317K | $400K | +26.2% |
| Methow Valley | $637.4K | $600K | -5.9% |
Housing Supply in Methow Valley, WA
How many homes are available in Methow Valley, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 50 | -13.8% |
Summary: The Methow Valley real estate market had 50 homes for sale in November 2024, a 13.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 22 | 22 | 0.0% |
| 3 Bedrooms | 28 | 21 | -25.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Methow Valley housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Methow Valley, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Methow Valley in November 2024, up by 12.5% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% were sold over asking.
Days on Market for Methow Valley, WA
How long does it take to sell a home in Methow Valley, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 63 Days | 83 Days | +32.1% |
Summary: Homes in Methow Valley had an average of 83 days on market in Nov 2024, up by 32.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Methow Valley are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 9 homes were sold in Methow Valley; 44% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 44% 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.