Is Riverbend, 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, Riverbend has remained a Seller's Market.
Housing Prices in Riverbend, WA
How much do homes in Riverbend, WA cost?
Median Sold Price
$725,000
$476/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Riverbend was $725,000 in April 2024, down 3.3% from last year, and the median price per square foot was $476.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $625K | $570K | -8.8% |
3 Bedrooms | $770K | $745K | -3.2% |
4 Bedrooms | $881.6K | $665K | -24.6% |
5+ Bedrooms | $1.3M | - | N/A |
Summary: Riverbend housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.8%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 24.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Riverbend | $750K | $725K | -3.3% |
Tanner | $1.0M | $917.9K | -15.0% |
Housing Supply in Riverbend, WA
How many homes are available in Riverbend, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 7 | +75.0% |
Summary: The Riverbend real estate market had 7 homes for sale in April 2024, a 75.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 3 | 5 | +66.7% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Riverbend housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Riverbend in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Riverbend, WA
How long does it take to sell a home in Riverbend, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
72 Days | 5 Days | -93.1% |
Summary: Homes in Riverbend had an average of 5 days on market in Apr 2024, down by 93.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Riverbend; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.