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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Concrete is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Concrete was a Seller's Market.

Key Takeaway

Concrete 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 Concrete, WA

How much do homes in Concrete, WA cost?

Median Sold Price

$370,000

$268/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$20,000(+5.7%)

Key Takeaway

Homes in Concrete have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Concrete was $370,000 in April 2024, up 5.7% from last year, and the median price per square foot was $268.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $262.5K$162.5K
-38.1%
2 $358.5K$220K
-38.6%
3 $355K$391.7K
+10.4%
4 $440K$630K
+43.2%
5+ -$498.7K
N/A

Summary: Concrete housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.1%, 2 bedroom homes decreased by 38.6%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 43.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Concrete
+5.7%
East Skagit
+3.0%

Housing Supply in Concrete, WA

How many homes are available in Concrete, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2634+30.8%

Summary: The Concrete real estate market had 34 homes for sale in April 2024, a 30.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 66
0.0%
2 911
+22.2%
3 812
+50.0%
4 13
+200.0%
5+ 22
0.0%

Summary: The Concrete 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 22.2%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

4 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 Concrete, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Concrete in April 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for Concrete, WA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
52 Days187 Days+259.6%

Summary: Homes in Concrete had an average of 187 days on market in Apr 2024, up by 259.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Concrete are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 5 homes were sold in Concrete; 20% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 80% 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 19 Days Ago

Newest Listings in Concrete, WA

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