Greetings, Wapato real estate enthusiasts! Today, we’ll be diving into the market’s recent sales data, specifically looking at the past six months from June 2023 worth of transactions. This comprehensive report includes the sale of single-family homes, condos, manufactured homes, and land lots over the past 180 days. So, let’s get started!

Key Statistics:

• Number of transactions: 397
• Average sales price: $263,869
• Median sales price: $220,000
• Average sales price per square foot: $181.77
• Median sales price per square foot: $161.9

Now that we have the numbers on hand, let’s analyze what they mean for the real estate market in Wapato. The 397 transactions that took place over the past six months indicate a thriving market with a healthy level of activity. Whether you’re a homeowner looking to sell or a potential buyer in search of a property, these numbers suggest that you’re not alone in your endeavors.

Looking at the average sales price of $263,869, we can infer that the Wapato real estate market offers a range of affordable options for buyers. This average sales price reflects the overall market, combining prices of single-family homes, condos, manufactured homes, and land lots. With the median sales price slightly lower at $220,000, it indicates that there is a balance between more expensive properties and those priced within reach for many buyers.

Diving deeper into the numbers, the average sales price per square foot comes in at $181.77. This metric provides valuable insight for both buyers and sellers, allowing them to gauge the value of a property in relation to its size. Similarly, the median sales price per square foot at $161.9 offers a more representative value for the typical property in Wapato.

Real estate in Wapato presents a fantastic opportunity for homeowners to venture into the homes for sale by owner (FSBO) market. With a significant number of transactions, there is ample room for sellers to explore this avenue, potentially saving on agent fees and gaining greater control over the selling process.

In conclusion, the Wapato, Washington real estate market has seen a robust level of activity over the past six months. With 397 transactions ranging from single-family homes to condos, manufactured homes, and land lots, there is something for every type of buyer or seller. The average and median sales prices, along with price per square foot, provide valuable insights into the affordability and market value of properties in this area. So, whether you’re looking to buy, sell, or simply observe the state of the market, Wapato’s real estate scene surely offers exciting prospects!