Is Minor, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Minor has remained a Seller's Market.
Key Takeaway
Minor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Minor, WA
How much do homes in Minor, WA cost?
Median Sold Price
$800,000
$607/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Minor have sold for 8.6% less than they did a year ago.
Summary: The median home sold price in Minor was $800,000 in April 2024, down 8.6% from last year, and the median price per square foot was $607.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $377.5K | $396.2K | +5.0% |
| 2 Bedrooms | $731.5K | $720K | -1.6% |
| 3 Bedrooms | $950K | $945K | -0.5% |
| 4 Bedrooms | $1.2M | $1.1M | -1.3% |
| 5+ Bedrooms | $1.2M | $1.2M | +3.1% |
Summary: Minor housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Neighborhoods
| Mann | $925K | $950K | +2.7% |
| Minor | $875K | $800K | -8.6% |
Housing Supply in Minor, WA
How many homes are available in Minor, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 44 | +37.5% |
Summary: The Minor real estate market had 44 homes for sale in April 2024, a 37.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 9 | +28.6% |
| 2 Bedrooms | 8 | 9 | +12.5% |
| 3 Bedrooms | 15 | 23 | +53.3% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Minor housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 53.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 14 | +180.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Minor, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Minor in April 2024, up by 180.0% month-over-month. Of the 14 sold homes, 50% were sold under asking, 36% were sold at asking, and 14% were sold over asking.
Days on Market for Minor, WA
How long does it take to sell a home in Minor, WA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 47 Days | 58 Days | +22.7% |
Summary: Homes in Minor had an average of 58 days on market in Apr 2024, up by 22.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Minor are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in Minor; 64% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 21% 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.