Is Manastash Ridge, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Manastash Ridge was a Seller's Market.
Key Takeaway
Manastash Ridge is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Manastash Ridge, WA
How much do homes in Manastash Ridge, WA cost?
Median Sold Price
$698,497
$339/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Manastash Ridge have sold for 18.9% more than they did a year ago.
Summary: The median home sold price in Manastash Ridge was $698,497 in April 2024, up 18.9% from last year, and the median price per square foot was $339.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $399.9K | $335.5K | -16.1% |
| 2 Bedrooms | $490K | $554.4K | +13.2% |
| 3 Bedrooms | $650K | $713K | +9.7% |
| 4 Bedrooms | $1.0M | $1.2M | +12.4% |
| 5+ Bedrooms | - | - | N/A |
Summary: Manastash Ridge housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.1%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Manastash Ridge | $587.5K | $698.4K | +18.9% |
| Ellensburg | $445K | $471.4K | +5.9% |
Housing Supply in Manastash Ridge, WA
How many homes are available in Manastash Ridge, WA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 33 | 55 | +66.7% |
Summary: The Manastash Ridge real estate market had 55 homes for sale in April 2024, a 66.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 4 | 10 | +150.0% |
| 3 Bedrooms | 16 | 29 | +81.3% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Manastash Ridge housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 150%, 3 bedroom homes increased by 81.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Manastash Ridge, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Manastash Ridge in April 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Manastash Ridge, WA
How long does it take to sell a home in Manastash Ridge, WA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 154 Days | 4 Days | -97.1% |
Summary: Homes in Manastash Ridge had an average of 4 days on market in Apr 2024, down by 97.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Manastash Ridge are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Manastash Ridge; 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.
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.