Is Walla Walla-College Place, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Walla Walla-College Place was a Seller's Market.
Key Takeaway
Walla Walla-College Place 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 Walla Walla-College Place, WA
How much do homes in Walla Walla-College Place, WA cost?
Median Sold Price
$422,372
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Walla Walla-College Place has remained the same since last year.
Summary: The median home sold price in Walla Walla-College Place was $422,372 in March 2024, up 0.3% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $260K | +15.6% |
| 2 Bedrooms | $299.9K | $295K | -1.7% |
| 3 Bedrooms | $414.7K | $401.1K | -3.3% |
| 4 Bedrooms | $486K | $511.2K | +5.2% |
| 5+ Bedrooms | $551K | $627.5K | +13.9% |
Summary: Walla Walla-College Place housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.6%, 2 bedroom homes decreased by 1.7%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 13.9%.
Median Sold Price Compared To Nearby Cities
| Walla Walla | $402.6K | $428.5K | +6.4% |
| College Place | $407.3K | $419K | +2.9% |
| Walla Walla-College Place | $421.1K | $422.3K | 0.3% |
Housing Supply in Walla Walla-College Place, WA
How many homes are available in Walla Walla-College Place, WA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 155 | 190 | +22.6% |
Summary: The Walla Walla-College Place real estate market had 190 homes for sale in March 2024, a 22.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 18 | 26 | +44.4% |
| 3 Bedrooms | 78 | 91 | +16.7% |
| 4 Bedrooms | 37 | 49 | +32.4% |
| 5+ Bedrooms | 20 | 21 | +5.0% |
Summary: The Walla Walla-College Place housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 44.4%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 32.4%, and 5+ bedroom homes increased by 5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Walla Walla-College Place, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Walla Walla-College Place in March 2024, up by 3.7% month-over-month. Of the 28 sold homes, 64% were sold under asking, 25% were sold at asking, and 11% were sold over asking.
Days on Market for Walla Walla-College Place, WA
How long does it take to sell a home in Walla Walla-College Place, WA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 65 Days | 68 Days | +3.9% |
Summary: Homes in Walla Walla-College Place had an average of 68 days on market in Mar 2024, up by 3.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Walla Walla-College Place are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 28 homes were sold in Walla Walla-College Place; 43% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 36% 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.