Is Malone-Porter, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Malone-Porter is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Malone-Porter was a Seller's Market.

Key Takeaway

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

Housing Prices in Malone-Porter, WA

How much do homes in Malone-Porter, WA cost?

Median Sold Price

$635,000

$157/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$240,100(+60.8%)

Key Takeaway

Homes in Malone-Porter have sold for 60.8% more than they did a month ago.

Summary: The median home sold price in Malone-Porter was $635,000 in April 2024, up 60.8% from last month, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $394.9K-
N/A
3 --
N/A
4 --
N/A
5+ -$635K
N/A

Summary: Malone-Porter 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 did not change, and 5+ bedroom homes did not change.

Housing Supply in Malone-Porter, WA

How many homes are available in Malone-Porter, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
910+11.1%

Summary: The Malone-Porter real estate market had 10 homes for sale in April 2024, a 11.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 45
+25.0%
4 13
+200.0%
5+ 11
0.0%

Summary: The Malone-Porter 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 decreased by 66.7%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 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 Malone-Porter, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Malone-Porter in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Malone-Porter, WA

How long does it take to sell a home in Malone-Porter, WA?

Average Sale Time

Mar 2024Apr 2024CHANGE
112 Days3 Days-97.3%

Summary: Homes in Malone-Porter had an average of 3 days on market in Apr 2024, down by 97.3% compared to last month.

Breakdown of Home Sale Times

1 Home Was 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 Malone-Porter are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Malone-Porter; 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 19 Days Ago

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