Is Winthrop, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Winthrop has remained a Buyer's Market.
Housing Prices in Winthrop, WA
How much do homes in Winthrop, WA cost?
Median Sold Price
$687,500
$421/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Winthrop was $687,500 in May 2024, up 7.6% from last year, and the median price per square foot was $421.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $639K | $579.5K | -9.3% |
2 Bedrooms | $880K | $675K | -23.3% |
3 Bedrooms | $580K | $751K | +29.5% |
4 Bedrooms | - | $1.0M | N/A |
5+ Bedrooms | - | $1.6M | N/A |
Summary: Winthrop housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.3%, 2 bedroom homes decreased by 23.3%, 3 bedroom homes increased by 29.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Winthrop | $639K | $687.5K | +7.6% |
Methow Valley | $609.5K | $637.4K | +4.6% |
Housing Supply in Winthrop, WA
How many homes are available in Winthrop, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 30 | +36.4% |
Summary: The Winthrop real estate market had 30 homes for sale in May 2024, a 36.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 10 | 12 | +20.0% |
4 Bedrooms | 2 | 4 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Winthrop housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Winthrop in May 2024, up by 33.3% 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 Winthrop, WA
How long does it take to sell a home in Winthrop, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
140 Days | 93 Days | -33.8% |
Summary: Homes in Winthrop had an average of 93 days on market in May 2024, down by 33.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Winthrop; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.