Is Riveria Community Club, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Riveria Community Club is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Riveria Community Club was a Seller's Market.

Key Takeaway

Riveria Community Club is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Riveria Community Club, WA

How much do homes in Riveria Community Club, WA cost?

Median Sold Price

$180,000

$420/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$170,000(-48.6%)

Key Takeaway

Homes in Riveria Community Club have sold for 48.6% less than they did a month ago.

Summary: The median home sold price in Riveria Community Club was $180,000 in April 2024, down 48.6% from last month, and the median price per square foot was $420.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$162.5K
N/A
2 $68.1K-
N/A
3 $394K$772.5K
+96.1%
4 $350K-
N/A
5+ --
N/A

Summary: Riveria Community Club housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 96.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Riveria Community Club, WA

How many homes are available in Riveria Community Club, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1621+31.3%

Summary: The Riveria Community Club real estate market had 21 homes for sale in April 2024, a 31.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 68
+33.3%
3 69
+50.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Riveria Community Club 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 33.3%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
330.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Riveria Community Club, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Riveria Community Club in April 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for Riveria Community Club, WA

How long does it take to sell a home in Riveria Community Club, WA?

Average Sale Time

Mar 2024Apr 2024CHANGE
37 Days10 Days-73.5%

Summary: Homes in Riveria Community Club had an average of 10 days on market in Apr 2024, down by 73.5% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Riveria Community Club are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in Riveria Community Club; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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