$4,275 Closing Credit*
$360,000
1,848 SqFt
3 Beds
•2 Full Baths
Tracy Jean Lindsey, Listing Office: eXp Realty
Is Montesano, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Montesano has remained a Seller's Market.
Key Takeaway
Montesano is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Montesano, WA
How much do homes in Montesano, WA cost?
Median Sold Price
$428,000
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$38,000(+9.7%)
Key Takeaway
Homes in Montesano have sold for 9.7% more than they did a year ago.
Summary: The median home sold price in Montesano was $428,000 in September 2024, up 9.7% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $326K | $175K | -46.3% |
| 2 Bedrooms | $283K | $343.5K | +21.4% |
| 3 Bedrooms | $397K | $435K | +9.6% |
| 4 Bedrooms | $400K | $477.4K | +19.4% |
| 5+ Bedrooms | $435K | $523K | +20.2% |
Summary: Montesano housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.3%, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 20.2%.
Median Sold Price Compared To Nearby Cities
| Montesano | $390K | $428K | +9.7% |
| Aberdeen-Hoquiam | $257.1K | $265K | +3.1% |
Housing Supply in Montesano, WA
How many homes are available in Montesano, WA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 37 | 38 | +2.7% |
Summary: The Montesano real estate market had 38 homes for sale in September 2024, a 2.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 23 | 25 | +8.7% |
| 4 Bedrooms | 8 | 4 | -50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Montesano housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Montesano, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Montesano in September 2024, down by 10.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for Montesano, WA
How long does it take to sell a home in Montesano, WA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 56 Days | 61 Days | +8.8% |
Summary: Homes in Montesano had an average of 61 days on market in Sep 2024, up by 8.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Montesano are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 9 homes were sold in Montesano; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% 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.