Is Tonasket, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tonasket is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Tonasket has remained a Buyer's Market.

Key Takeaway

Tonasket is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Tonasket, WA

How much do homes in Tonasket, WA cost?

Median Sold Price

$212,500

$137/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$149,500(-41.3%)

Key Takeaway

Homes in Tonasket have sold for 41.3% less than they did a month ago.

Summary: The median home sold price in Tonasket was $212,500 in April 2024, down 41.3% from last month, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 -$230K
N/A
2 -$150K
N/A
3 -$295K
N/A
4 $362K$195K
-46.1%
5+ --
N/A

Summary: Tonasket 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 did not change, 4 bedroom homes decreased by 46.1%, and 5+ bedroom homes did not change.

Housing Supply in Tonasket, WA

How many homes are available in Tonasket, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1935+84.2%

Summary: The Tonasket real estate market had 35 homes for sale in April 2024, a 84.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 715
+114.3%
3 411
+175.0%
4 56
+20.0%
5+ 00
0.0%

Summary: The Tonasket 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 114.3%, 3 bedroom homes increased by 175%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
14+300.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tonasket, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Tonasket in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Tonasket, WA

How long does it take to sell a home in Tonasket, WA?

Average Sale Time

Mar 2024Apr 2024CHANGE
3 Days143 Days+4683.3%

Summary: Homes in Tonasket had an average of 143 days on market in Apr 2024, up by 4683.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 4 homes were sold in Tonasket; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 1 Day Ago

Newest Listings in Tonasket, WA

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