Welcome to my blog, where I provide comprehensive insights into the real estate market in Naches, Washington. In this report, we will analyze the sales data from the past six months, specifically from June 2023. The data encompasses the sale of single-family homes, condos, manufactured homes, and land lots over the span of 180 days.

Let’s explore the key statistics and trends that have shaped the Naches real estate market:

Key Statistics:

• Number of Transactions: 484
• Average Sales Price: $285,317
• Median Sales Price: $244,500
• Average Sales Price per Square Foot: $203.01
• Median Sales Price per Square Foot: $200.95

Now let’s delve into these figures and their implications:

Number of Transactions: Over the past six months, Naches has witnessed 484 real estate transactions. This figure indicates a moderate level of market activity, suggesting a healthy supply of properties available for buyers in the area.

Average Sales Price: The average sales price in Naches stands at $285,317. This figure provides a general overview of the pricing trend in the market, serving as a reference point for buyers and sellers.

Median Sales Price: With a median sales price of $244,500, Naches showcases a balanced pricing range. The median serves as a better indicator of the market’s middle point, unaffected by outliers, and gives potential buyers and sellers a more accurate representation of property values in the area.

Average Sales Price per Square Foot: Calculated at $203.01 per square foot, the average sales price per square foot offers insights into the relative value of properties based on their size. This metric helps buyers and sellers understand the pricing dynamics in different areas of Naches.

Median Sales Price per Square Foot: The median sales price per square foot, at $200.95, provides an alternate measure to evaluate property values in Naches. This figure reflects the middle value when all the sales prices per square foot are arranged in ascending order.

These statistics present a snapshot of the Naches real estate market’s performance over the past six months. With a moderate number of transactions and a balanced pricing range, the market offers opportunities for both buyers and sellers.

If you are interested in real estate in Naches, whether it’s homes for sale by owner (FSBO) or other opportunities, this data can serve as a valuable reference point. However, it’s important to note that real estate markets are influenced by various factors, and seeking advice from a local real estate professional is highly recommended.

Stay tuned for future updates as we continue to monitor the Naches real estate market and bring you valuable insights to guide your real estate endeavors.