Quad Cities
Report
Today’s Real Estate Market in the Quad Cities Region
Q3–2024 Market Summary
The first half of 2024 is in the books and the market has continued to be slow, but signs continue to be trending in the right direction higher inventory levels and increased sales in comparison to recent years.
In the Latah County, closed transactions were up 3.7% from this same last year, with new listings decreased slightly by 1.2% compared to Q3 2023. In this same time frame, the median sales price showed a slight decrease by 1.8% to $417,500, with average sales price also decreasing by just 5.1% to $419,397.
The Whitman County market was once again showed the biggest increase in the amount of new listings in comparison to Q3 2023, with 181 properties listed in the quarter. This was an increase of 23.1% from last year, but a 26.7% decrease from last quarter. Home sale prices have continued an increasing trend over the past year, raising 6.1% from Q3 2023 to a median home sale price of $372,500.
The Nez Perce County market realized a decrease in closed sales, but and increase innew listings in relation to the previous year, with closed sales down 11.9% with 96 properties sold in Q3 of 2024. The amount of new listings is up 1.6% from this same time last year. The median home sale price also increased by 14.8% to $379,000. The median days on market also increased to 16 days, compared to 15 days in previous year.
The market west of the state line in Asotin County market saw a notable decrease in closed sales, loweing 5.6% from last year with 51 closed sales. There was also a decrease in active listings, with 65 active listings at the time of this report, a 1.5% decrease 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 and fall, we’ll continue to keep a close eye on interest rates along with inventory levels as the peak selling seasons end and we go into the fall market.
Jason Brown Designated Broker / Regional Manager
Latah County
What’s in the Latah County Data?
In Quarter 3 2024, Latah County median home prices were up 3.7% compared to last year and down 1.2% compared to last quarter, selling for a median price of $417,500. There were 84 homes sold in Q3 2024 this year, up from 81 at this same time last year.
On median, homes in Latah County sell after 18 days on the market, up 80.0% from this same time last year. There were 80 new listings to go live last quarter and there are a total of 62 active listings at the time of this report.
Latah County
Closed Sales
As of 10/04/2024. By quarter dating from Q1 2019 to Q3 2024. Closed Sales is the number of properties sold.
Closed Sales By Price Range
As of 10/04/2024. Year-over-year comparison for Q3 2024 and Q3 2023. Closed Sales By Price Range is the number and
Average and Median Sales Price
As of 10/04/2024. By quarter dating from Q1 2019 to Q3 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 10/04/2024. By quarter dating from Q1 2019 to Q3 2024.
and the
New Listings
As of 10/04/2024. By quarter dating from Q1 2019 to Q3 2024. New Listings is the number of properties listed regardless of current status.
Sale-to-List Price Ratio
As of 10/04/2024. By quarter dating from Q1 2019 to Q3 2024. Sale-to-List Price Ratio is the average of sales price
by the final list
Supply and Demand
As of 10/04/2024. Year-over-year comparison of Closed Sales and Active Inventory for Q3 2024 and Q3 2023.
$0-$199,999
$200,000-$249,999
$250,000-$299,999
$300,000-$399,999
$400,000-$499,999
$500,000+
Whitman County
What’s in the Whitman County Data?
In Quarter 3 2024, Whitman County median home prices were down 6.1% compared to last year and up 3.5% compared to last quarter, selling for a median price of $392,500. There were 96 homes sold in Q3 2024 this year, up from 89 at this same time last year.
On median, homes in Whitman County sell after 35 days on the market, up 150.0% from this same time last year. There were 181 new listings to go live last quarter and there are a total of 134 active listings at the time of this report.
Whitman County
Closed Sales
As of 10/04/2024. By quarter dating from Q1 2019 to Q3 2024. Closed Sales is the number of properties sold.
Closed Sales By Price Range
As of 10/04/2024. Year-over-year comparison for Q3 2024 and Q3 2023. Closed Sales By Price Range is the number and percentage of
Average and Median Sales Price
As of 10/04/2024. By quarter dating from Q1 2019 to Q3 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 10/04/2024. By quarter dating from Q1 2019 to Q3 2024.
New Listings
As of 10/04/2024. By quarter dating from Q1 2019 to Q3 2024. New Listings is the number of properties listed regardless of current status.
Sale-to-List Price Ratio
As of 10/04/2024. By quarter dating from Q1 2019 to Q3 2024. Sale-to-List Price Ratio is the average of sales price divided by the final list
as a
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 Q2-24 Q3-24
Supply and Demand
As of 10/04/2024. Year-over-year comparison of Closed Sales and Active Inventory for Q3 2024 and Q3 2023.
$0-$199,999
$200,000-$249,999
$250,000-$299,999
$300,000-$399,999
$400,000-$499,999
$500,000+
Nez Perce County
What’s in the Nez Perce County Data?
In Quarter 3 2024, Nez Perce County median home prices were down 14.8% compared to last year and up 3.3% compared to last quarter, selling for a median price of $379,000. There were 96 homes sold in Q3 2024 this year, down from 109 at this same time last year.
On median, homes in Nez Perce County sell after 16 days on the market, up 6.7% from this same time last year. There were 130 new listings to go live last quarter and there are a total of 97 active listings at the time of this report.
Q3 2024 Market data
Nez Perce County
At a Glance
Closed Sales
As of 10/04/2024. By quarter dating from Q1 2019 to Q3 2024. Closed Sales is the number of properties sold.
Closed Sales By Price Range
As of 10/04/2024. Year-over-year comparison for Q3 2024 and Q3 2023. Closed Sales By Price Range is the number and
Average and Median Sales Price
As of 10/04/2024. By quarter dating from Q1 2019 to Q3 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 10/04/2024. By quarter dating from Q1 2019 to Q3 2024.
New Listings
As of 10/04/2024. By quarter dating from Q1 2019 to Q3 2024. New Listings is the number of properties listed regardless of current status.
Sale-to-List Price Ratio
As of 10/04/2024. By quarter dating from Q1 2019 to Q3 2024. Sale-to-List Price Ratio is the
Supply and Demand
As of 10/04/2024. Year-over-year comparison of Closed Sales and Active Inventory for Q3 2024 and Q3 2023.
$0-$199,999
$200,000-$249,999
$250,000-$299,999
$300,000-$399,999
$400,000-$499,999
Asotin County
What’s in the Asotin County Data?
In Quarter 3 2024, Asotin County median home prices were up 6.8% compared to last year and up 0.6% compared to last quarter, selling for a median price of $349,900. There were 51 homes sold in Q3 2024 this year, down from 54 at this same time last year.
On median, homes in Asotin County sell after 22 days on the market, up 15.8% from this same time last year. There were 84 new listings to go live last quarter and there are a total of 65 active listings at the time of this report.
Asotin County
At a Glance
Closed Sales
As of 10/04/2024. By quarter dating from Q1 2019 to Q3 2024. Closed Sales is the number of properties sold.
Closed Sales By Price Range
As of 10/04/2024. Year-over-year comparison for Q3 2024 and Q3 2023. Closed Sales By Price Range is the number and percentage of
sold in
Average and Median Sales Price
As of 10/04/2024. By quarter dating from Q1 2019 to Q3 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 10/04/2024. By quarter dating from Q1 2019 to Q3 2024. Days on Market is the median number of days between when a property is listed and the contract date. $175
New Listings
As of 10/04/2024. By quarter dating from Q1 2019 to Q3 2024. New Listings is the number of properties listed regardless of current status.
Sale-to-List Price Ratio
As of 10/04/2024. By quarter dating from Q1 2019 to Q3 2024. Sale-to-List Price Ratio is the average of sales price divided by the final list price expressed as a percentage.
Supply and Demand
As of 10/04/2024. Year-over-year comparison of Closed Sales and Active Inventory for Q3 2024 and Q3 2023.
$0-$199,999
$200,000-$249,999
$250,000-$299,999
$300,000-$399,999
$400,000-$499,999
$500,000+
Totals