Quad Cities
Latah • Whitman • Nez Perce • Asotin Market Report
2024 Q1
2 Quad Cities Quarterly Market Report | Q1 2024 CONTENTS Q1 2024 Market REPORT 4 LATAH COUNTY MARKET DATA 10 WHITMAN COUNTY MARKET DATA 16 NEZ PERCE COUNTY MARKET DATA 22 ASOTIN COUNTY MARKET DATA
Today’s Real Estate Market in the Quad Cities Region
Q1–2024 Market Summary
As we look into the new year and the outlook of the market in Q1 2024, it's evident that the trends observed in 2023 have largely persisted, albeit with some nuanced shifts.
In the Latah County, closed transactions were the exact same from this same last year, while new listings increased by 17.1% compared to Q1 2023. In this same time frame, the median sales price maintained a slight increase by 5.4% to $389,000, while average sales price increased just 0.7% to $400,170.
The Whitman County market was once again showed the biggest increase in the amount of new listings in comparison to Q1 2023, with 198 properties listed in the quarter. This was an increase of 108.4% from last year, and a 32.0% increase from last quarter. Home sale prices have continued an increasing trend over the past year, rising 15.5% from Q1 2023 to a median home sale price of $395,000.
The Nez Perce County market realized a decrease in both current active listings and new listings in relation to the previous year, with active listings down 10.1% with 62 properties active at thime this report was pulled. The amount of new listings was down 7.4% from this same time last year. The median home sale price also decreased by 4.4% to $339,500 The median days on market decreased to 18 days, compared to 28 days in previous year.
The market west of the state line in Asotin County market saw the most notable drop in closed sales, plunging 35.1% from last year with just 37 closed sales. However, there was a notable increase in new listings, with a 40.4% increase from last year.
Despite the varied performance across different regions, there are indications of increased activity continuing through 2024, accompanied by a surge in buyer inquiries. As we navigate through the summer, we’ll continue to keep a close eye on interest rates along with inventory levels as we head into the peak selling seasons.
Jason Brown Designated Broker / Regional Manager3 Quad Cities Quarterly Market Report | Q1 2024
Latah County
What’s in the Latah County Data?
In Quarter 1 2024, Latah County median home prices were up 5.4% compared to last year and down 3.5% compared to last quarter, selling for a median price of $389,000. There were 37 homes sold in Q1 2024 this year, even from 37 at this same time last year.
On median, homes in Latah County sell after 25 days on the market, down 56.3% from this same time last year. There were 78 new listings to go live last quarter and there are a total of 48 active listings at the time of this report.
4 Quad Cities Quarterly Market Report | Q1 2024 - Latah County
Latah County
5 Quad Cities Quarterly Market Report | Q1 2024 - Latah County
Q1 2024 Market data
Down 3.5% prior quarter Up 52.8% prior quarter Up 5.4% prior year Down 56.3% prior year Down 24.5% prior quarter Even 0.0% prior year Median Sales Price Closed Sales Median Days on Market $389,000 37 25 At
Latah County Q1 2024 (Current) 37 $400,170 78 $389,000 25 48 49 $435,880 36 $403,000 53 51 37 $397,392 71 $369,000 16 41 -24.5% -8.2% +116.7% -3.5% +52.8% -5.9% =0.0% +0.7% +9.9% +5.4% -56.3% +17.1% Closed Sales Average Sales Price New Listings Median Sales Price Median DOM Active Listings Q4 2023 (Last Quarter) Q1 2023 (Last Year) % Change (Last Quarter) % Change (Last Year) Information pulled on 04/02/2024. The information in this report section for Latah County is compiled from a report given by the Intermountain MLS and to the best of our knowledge is accurate and current.
a Glance Snapshot overview
Closed Sales
As of 04/02/2024. By quarter dating from Q1 2019 to Q1 2024. Closed Sales is the number of properties sold.
Closed Sales By Price Range
As of 04/02/2024. Year-over-year comparison for Q1 2024 and Q1 2023. Closed Sales By Price Range is the number and percentage of properties sold in
6 Quad Cities Quarterly Market Report | Q1 2024 - Latah County
price
2.7% 16.2% 8.1% 32.4% 18.9% 21.6% 8.1% 5.4% 10.8% 27.0% 29.7% 18.9% 0 2 4 6 8 10 12 14 16 $0-200K $200K-$250K $250K-300K $300K-$400K $400K-$500K $500K+ Q1 2023 Q1 2024 51 130 120 96 51 109 118 95 66 88 120 80 42 101 107 57 37 85 81 49 37 25 50 75 100 125 150 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24
different
ranges.
Average and Median Sales Price
As of 04/02/2024. By quarter dating from Q1 2019 to Q1 2024. Median Sales Price is the mid-point (median) value where the price for half of the closed sales is higher and half is lower. Average Sales Price is the sum of the sold dollar volume divided by the number of units sold.
Median Days on Market
As of 04/02/2024. By
to Q1 2024.
7 Quad Cities Quarterly Market Report | Q1 2024 - Latah County
quarter dating
2019
Days on Market is the median number of days between when a property is listed and the contract date. $200 $225 $250 $275 $300 $325 $350 $375 $400 $425 $450 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Average Median 0 3 6 9 12 15 18 21 24 27 30 33 36 39 42 45 48 51 54 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24
from Q1
New Listings
As of 04/02/2024. By quarter dating from Q1 2019 to Q1 2024. New Listings is the number of properties listed regardless of current status.
Sale-to-List Price Ratio
As of 04/02/2024. By quarter dating from Q1 2019 to Q1 2024. Sale-to-List Price Ratio is the average of sales price divided by the final list
8 Quad Cities Quarterly Market Report | Q1 2024 - Latah County
price expressed
119 154 123 62 100 106 102 79 78 126 96 42 80 144 94 49 71 105 81 36 78 25 50 75 100 125 150 175 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 99.3% 99.5% 99.2% 99.2% 98.1% 99.4% 99.8% 99.3% 99.8% 102.3% 100.2% 99.7% 101.6% 102.9% 100.1% 98.3% 98.6% 100.2% 99.0% 97.2% 98.7% 97.0% 97.5% 98.0% 98.5% 99.0% 99.5% 100.0% 100.5% 101.0% 101.5% 102.0% 102.5% 103.0% Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22
as a percentage.
Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24
Supply and Demand
As of 04/02/2024. Year-over-year comparison of Closed Sales and Active Inventory for Q1 2024 and Q1 2023.
$0-$199,999
$200,000-$249,999
$250,000-$299,999
$300,000-$399,999
$400,000-$499,999
$500,000+
Totals
9 Quad Cities Quarterly Market Report | Q1 2024 - Latah County
Price Range Closed Sales Active Inventory Q1 2024 Q1 2024 Q1 2023 Q1 2023 % Change % Change 3 7 4 2 16 10 37 2 8 1 2 18 9 40 1 7 3 6 8 12 37 0 18 0 2 15 6 41 +200.0% =0.0% +33.3% -200.0% +100.0% -16.7% =0.0% + -55.6% + =0.0% +20.0% +50.0% -2.4%
4.08% 3.75% 3.65% 3.72% 3.33% 3.07% 2.88% 2.67% 3.18% 2.98% 3.01% 3.11% 4.67% 5.70% 6.70% 6.48% 6.32% 6.81% 7.49% 6.62% 6.79% 2.50% 3.25% 4.00% 4.75% 5.50% 6.25% 7.00% 7.75% Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23
Mortgage Rates Quarterly 30-year fixed mortgage rates dating from January 2019 to the week ending Thursday, March 28, 2024.
Q4-23 Q1-24
Whitman County
What’s in the Whitman County Data?
In Quarter 1 2024, Whitman County median home prices were up 15.5% compared to last year and up 5.3% compared to last quarter, selling for a median price of $395,000. There were 59 homes sold in Q1 2024 this year, down from 62 at this same time last year.
On median, homes in Whitman County sell after 37 days on the market, up 146.7% from this same time last year. There were 198 new listings to go live last quarter and there are a total of 101 active listings at the time of this report.
10 Quad Cities Quarterly Market Report | Q1 2024 - Whitman County
Whitman County
11 Quad Cities Quarterly Market Report | Q1 2024 - Whitman County
2024 Market data
Q1
Up 5.3% prior quarter Up 23.3% prior quarter Up 15.5% prior year Up 146.7% prior year Down 28.9% prior quarter Down 4.8% prior year Median Sales Price Closed Sales Median Days on Market $395,000 59 37 At
Whitman County Q1 2024 (Current) 59 $376,922 198 $395,000 37 101 83 $357,763 150 $375,000 30 72 62 $387,727 95 $342,000 15 56 -28.9% +5.4% +32.0% +5.3% +23.3% +40.3% -4.8% -2.8% +108.4% +15.5% +146.7% +80.4% Closed Sales Average Sales Price New Listings Median Sales Price Median DOM Active Listings Q4 2023 (Last Quarter) Q1 2023 (Last Year) % Change (Last Quarter) % Change (Last Year) Information pulled on 04/03/2024. The information in this report section for Whitman County is compiled from a report given by the Pacific Regional MLS and to the best of our knowledge is accurate and current.
a Glance Snapshot overview
Closed Sales
As of 04/03/2024. By quarter dating from Q1 2019 to Q1 2024. Closed Sales is the number of properties sold.
Closed Sales By Price Range
As of 04/03/2024. Year-over-year comparison for Q1 2024 and Q1 2023. Closed Sales By Price Range is the number and percentage of properties sold in different
12 Quad Cities Quarterly Market Report | Q1 2024 - Whitman County
ranges. 21.0% 9.7% 4.8% 21.0% 12.9% 30.6% 23.7% 10.2% 3.4% 16.9% 18.6% 27.1% 0 2 4 6 8 10 12 14 16 18 20 22 $0-200K $200K-$250K $250K-300K $300K-$400K $400K-$500K $500K+ Q1 2023 Q1 2024 56 146 123 86 73 121 115 118 68 160 146 81 73 135 126 74 62 115 89 83 59 25 50 75 100 125 150 175 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24
price
Average and Median Sales Price
As of 04/03/2024. By quarter dating from Q1 2019 to Q1 2024. Median Sales Price is the mid-point (median) value where the price for half of the closed sales is higher and half is lower. Average Sales Price is the sum of the sold dollar volume divided by the number of units sold.
Median Days on Market
As of 04/03/2024. By
dating from Q1 2019 to Q1 2024.
13 Quad Cities Quarterly Market Report | Q1 2024 - Whitman County
Days on Market is the median number of days between
property is listed
contract date. $225 $250 $275 $300 $325 $350 $375 $400 $425 $450 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Average Median 0 5 10 15 20 25 30 35 40 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22
quarter
when a
and the
Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24
New Listings
As of 04/03/2024. By quarter dating from Q1 2019 to Q1 2024. New Listings is the number of properties listed regardless of current status.
Sale-to-List Price Ratio
As of 04/03/2024. By quarter dating from Q1 2019 to Q1 2024. Sale-to-List Price Ratio is the average of sales price
14 Quad Cities Quarterly Market Report | Q1 2024 - Whitman County
divided
list price expressed as
percentage. 138 193 119 69 160 125 128 80 144 173 114 62 121 181 120 71 95 172 147 150 198 50 75 100 125 150 175 200 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 98.0% 98.8% 98.4% 97.3% 98.6% 98.3% 98.8% 98.3% 98.8% 99.7% 99.3% 99.1% 99.4% 101.4% 99.0% 97.1% 98.7% 98.5% 97.6% 95.6% 97.5% 95.5% 96.0% 96.5% 97.0% 97.5% 98.0% 98.5% 99.0% 99.5% 100.0% 100.5% 101.0% 101.5% Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22
by the final
a
Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24
Supply and Demand
As of 04/03/2024. Year-over-year comparison of Closed Sales and Active Inventory for Q1 2024 and Q1 2023.
$0-$199,999
$200,000-$249,999
$250,000-$299,999
$300,000-$399,999
$400,000-$499,999
$500,000+
15 Quad Cities Quarterly Market Report | Q1 2024 - Whitman County
Price Range Closed Sales Active Inventory Q1 2024 Q1 2024 Q1 2023 Q1 2023 % Change % Change 14 11 2 6 16 10 59 13 14 5 3 43 23 101 13 8 3 6 19 13 62 6 14 2 2 27 5 56 +7.7% +37.5% -33.3% =0.0% -15.8% -23.1% -4.8% +116.7% =0.0% +150.0% +50.0% +59.3% +360.0% +80.4%
Totals
Quarterly 30-year fixed mortgage rates dating from January 2019 to the week ending Thursday, March 28, 2024. 4.08% 3.75% 3.65% 3.72% 3.33% 3.07% 2.88% 2.67% 3.18% 2.98% 3.01% 3.11% 4.67% 5.70% 6.70% 6.48% 6.32% 6.81% 7.49% 6.62% 6.79% 2.50% 3.25% 4.00% 4.75% 5.50% 6.25% 7.00% 7.75% Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24
Mortgage Rates
Nez Perce County
What’s in the Nez Perce County Data?
In Quarter 1 2024, Nez Perce County median home prices were down 4.4% compared to last year and down 4.9% compared to last quarter, selling for a median price of $339,500. There were 82 homes sold in Q1 2024 this year, up from 78 at this same time last year.
On median, homes in Nez Perce County sell after 18 days on the market, down 35.7% from this same time last year. There were 118 new listings to go live last quarter and there are a total of 62 active listings at the time of this report.
16 Quad Cities Quarterly Market Report | Q1 2024 - Nez Perce County
Nez Perce County
At a Glance
17 Quad Cities Quarterly Market Report | Q1 2024 - Nez Perce County
Q1 2024 Market data
Snapshot overview Nez Perce County Q1 2024 (Current) 82 $365,345 118 $339,500 18 62 90 $371,001 86 $356,950 23 61 78 $364,352 128 $355,000 28 69 -8.9% -1.5% +37.2% -4.9% -21.7% +1.6% +5.1% +0.3% -7.8% -4.4% -35.7% -10.1% Closed Sales Average Sales Price New Listings Median Sales Price Median DOM Active Listings Q4 2023 (Last Quarter) Q1 2023 (Last Year) % Change (Last Quarter) % Change (Last Year) Information pulled on 04/03/2024. The information in this report section for Nez Perce County is compiled from a report given by the Intermountail MLS and to the best of our knowledge is accurate and current. Down 4.9% prior quarter Down 21.7% prior quarter Down 4.4% prior year Down 35.7% prior year Down 8.9% prior quarter Up 5.1% prior year Median Sales Price Closed Sales Median
82 18
Days on Market $339,500
Closed Sales
As of 04/03/2024. By quarter dating from Q1 2019 to Q1 2024. Closed Sales is the number of properties sold.
Closed Sales By Price Range
As of 04/03/2024. Year-over-year comparison for Q1 2024 and Q1 2023. Closed Sales By Price Range is the number and percentage of
sold in different
18 Quad Cities Quarterly Market Report | Q1 2024 - Nez Perce County
price ranges. 6.4% 3.8% 14.1% 41.0% 24.4% 10.3% 6.1% 3.7% 18.3% 39.0% 17.1% 15.9% 0 5 10 15 20 25 30 35 $0-200K $200K-$250K $250K-300K $300K-$400K $400K-$500K $500K+ Q1 2023 Q1 2024 82 120 152 120 115 123 172 133 108 128 133 162 114 128 116 75 78 132 109 90 82 50 75 100 125 150 175 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24
properties
Average and Median Sales Price
As of 04/03/2024. By quarter dating from Q1 2019 to Q1 2024. Median Sales Price is the mid-point (median) value where the price for half of the closed sales is higher and half is lower. Average Sales Price is the sum of the sold dollar volume divided by the number of units sold.
Median Days on Market
As of 04/03/2024. By
dating from Q1 2019 to Q1 2024.
and the
19 Quad Cities Quarterly Market Report | Q1 2024 - Nez Perce County
quarter
Days on Market is the median number of days
property
listed
contract date. $200 $225 $250 $275 $300 $325 $350 $375 $400 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Average Median 0 10 20 30 40 50 60 70 80 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22
between when a
is
Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24
New Listings
As of 04/03/2024. By quarter dating from Q1 2019 to Q1 2024. New Listings is the number of properties listed regardless of current status.
Sale-to-List Price Ratio
As of 04/03/2024. By quarter dating from Q1 2019 to Q1 2024. Sale-to-List Price Ratio is the average of sales price
20 Quad Cities Quarterly Market Report | Q1 2024 - Nez Perce County
divided
final list price expressed as a percentage. 108 197 152 113 134 164 153 111 128 154 183 116 137 159 140 79 128 159 128 86 118 50 75 100 125 150 175 200 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 98.4% 98.8% 98.7% 98.2% 98.0% 99.3% 99.8% 100.0% 100.0% 101.7% 100.3% 100.0% 99.9% 100.4% 99.5% 97.3% 97.7% 98.8% 98.0% 97.8% 99.0% 97.0% 97.5% 98.0% 98.5% 99.0% 99.5% 100.0% 100.5% 101.0% 101.5% 102.0% Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22
by the
Q1-23 Q2-23 Q3-23 Q4-23 Q1-24
Supply and Demand
As of 04/03/2024. Year-over-year comparison of Closed Sales and Active Inventory for Q1 2024 and Q1 2023.
$0-$199,999
$200,000-$249,999
$250,000-$299,999
$300,000-$399,999
$400,000-$499,999
$500,000+
Totals
Mortgage Rates
21 Quad Cities Quarterly Market Report | Q1 2024 - Nez Perce County
Price Range Closed Sales Active Inventory Q1 2024 Q1 2024 Q1 2023 Q1 2023 % Change % Change 5 14 15 3 13 32 82 0 16 5 0 21 20 62 5 19 11 3 8 32 78 2 21 8 2 16 20 69 =0.0% -26.3% +36.4% =0.0% +62.5% =0.0% +5.1%-23.8% -37.5%+31.3% =0.0% -10.1%
Quarterly 30-year fixed mortgage rates dating from January 2019
week ending Thursday,
2024. 4.08% 3.75% 3.65% 3.72% 3.33% 3.07% 2.88% 2.67% 3.18% 2.98% 3.01% 3.11% 4.67% 5.70% 6.70% 6.48% 6.32% 6.81% 7.49% 6.62% 6.79% 2.50% 3.25% 4.00% 4.75% 5.50% 6.25% 7.00% 7.75% Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23
to the
March 28,
Q3-23 Q4-23 Q1-24
Asotin County
What’s in the Asotin County Data?
In Quarter 1 2024, Asotin County median home prices were down 9.0% compared to last year and down 2.2% compared to last quarter, selling for a median price of $305,000. There were 37 homes sold in Q1 2024 this year, down from 57 at this same time last year.
On median, homes in Asotin County sell after 20 days on the market, up 11.1% from this same time last year. There were 80 new listings to go live last quarter and there are a total of 38 active listings at the time of this report.
22 Quad Cities Quarterly Market Report | Q1 2024 - Asotin County
Asotin County
At a Glance
23 Quad Cities Quarterly Market Report | Q1 2024 - Asotin County Q1 2024 Market data
Asotin County Q1 2024 (Current) 37 $336,867 80 $305,000 20 38 39 $310,683 36 $312,000 63 45 57 $332,568 57 $335,000 18 34 -5.1% +8.4% +122.2% -2.2% -68.3% -15.6% -35.1% +1.3% +40.4% -9.0% +11.1% +11.8% Closed Sales Average Sales Price New Listings Median Sales Price Median DOM Active Listings Q4 2023 (Last Quarter) Q1 2023 (Last Year) % Change (Last Quarter) % Change (Last Year) Information pulled on 04/03/2024. The information in this report section for Asotin County is compiled from a report given by the Intermountail MLS and to the best of our knowledge is accurate and current. Down 2.2% prior quarter Down 68.3% prior quarter Down 9.0% prior year Up 11.1% prior year Down 5.1% prior quarter Down 35.1% prior year
Closed Sales
Snapshot overview
Median Sales Price
Median Days on Market
$305,000 37 20
Closed Sales
As of 04/03/2024. By quarter dating from Q1 2019 to Q1 2024. Closed Sales is the number of properties sold.
Closed Sales By Price Range
As of 04/03/2024. Year-over-year comparison for Q1 2024 and Q1 2023. Closed Sales By Price Range is the number and percentage of
sold in
24 Quad Cities Quarterly Market Report | Q1 2024 - Asotin County
properties
different price ranges. 15.8% 5.3% 19.3% 42.1% 10.5% 7.0% 8.1% 13.5% 24.3% 29.7% 10.8% 13.5% 0 2 4 6 8 10 12 14 16 18 20 22 24 26 $0-200K $200K-$250K $250K-300K $300K-$400K $400K-$500K $500K+ Q1 2023 Q1 2024 43 78 80 69 44 66 85 88 54 67 87 71 49 74 130 56 57 52 54 39 37 25 50 75 100 125 150 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24
Average and Median Sales Price
As of 04/03/2024. By quarter dating from Q1 2019 to Q1 2024. Median Sales Price is the mid-point (median) value where the price for half of the closed sales is higher and half is lower. Average Sales Price is the sum of the sold dollar volume divided by the number of units sold.
Median Days on Market
As of 04/03/2024. By quarter dating from Q1 2019 to Q1 2024.
between when a
is listed and the contract date.
25 Quad Cities Quarterly Market Report | Q1 2024 - Asotin County
Days on Market is the median number of days
$175 $200 $225 $250 $275 $300 $325 $350 $375 $400 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 Median Average 0 10 20 30 40 50 60 70 80 90 100 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21
property
Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24
New Listings
As of 04/03/2024. By quarter dating from Q1 2019 to Q1 2024. New Listings is the number of properties listed regardless of current status.
Sale-to-List Price Ratio
As of 04/03/2024. By quarter dating from Q1 2019 to Q1 2024. Sale-to-List Price Ratio is the average of sales price divided by the final list price expressed as a percentage.
26 Quad Cities Quarterly Market Report | Q1 2024 - Asotin County
67 98 96 60 72 74 97 60 70 80 97 63 69 93 148 57 57 74 77 36 80 25 50 75 100 125 150 Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24 97.5% 98.4% 98.5% 97.5% 98.3% 99.3% 99.1% 99.6% 100.5% 101.2% 100.3% 98.7% 100.2% 100.6% 98.1% 97.4% 98.1% 98.8% 98.9% 97.3% 99.8% 97.0% 97.5% 98.0% 98.5% 99.0% 99.5% 100.0% 100.5% 101.0% 101.5% Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23
Q3-23 Q4-23 Q1-24
Supply and Demand
As of 04/03/2024. Year-over-year comparison of Closed Sales and Active Inventory for Q1 2024 and Q1 2023.
$0-$199,999
$200,000-$249,999
$250,000-$299,999
$300,000-$399,999
$400,000-$499,999
$500,000+
Totals
Rates
30-year fixed mortgage rates dating from January 2019 to the week ending Thursday, March 28, 2024.
27 Quad Cities Quarterly Market Report | Q1 2024 - Asotin County
4.08% 3.75% 3.65% 3.72% 3.33% 3.07% 2.88% 2.67% 3.18% 2.98% 3.01% 3.11% 4.67% 5.70% 6.70% 6.48% 6.32% 6.81% 7.49% 6.62% 6.79% 2.50% 3.25% 4.00% 4.75% 5.50% 6.25% 7.00% 7.75% Q1-19 Q2-19 Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Q4-21 Q1-22 Q2-22 Q3-22 Q4-22 Q1-23 Q2-23 Q3-23 Q4-23 Q1-24
Mortgage
Quarterly
Price Range Closed Sales Active Inventory Q1 2024 Q1 2024 Q1 2023 Q1 2023 % Change % Change 3 4 9 5 5 11 37 5 6 2 2 9 14 38 9 6 11 3 4 24 57 0 3 5 2 10 14 34 -66.7% -33.3% -18.2% +66.7% +25.0% -54.2% -35.1% + +100.0% -60.0% =0.0% -10.0% =0.0% +10.5%
The information in this report is compiled from a report given by the Intermountain MLS and the Pacific Regional MLS and to the best of our knowledge is accurate and current. Coldwell Banker Real Estate LLC. All Rights Reserved. Coldwell Banker Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated. Coldwell Banker and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed reliable but not guaranteed and should be independently verified. cbquadcities.com Lewiston • 325 Main St 208.746.7400 Moscow • 217 S Main St 208.882.0800 Pullman • 405 S Grand Ave 509.334.0562