As a professional blogger documenting the real estate market in Toppenish, Washington, it is essential to provide readers with recent sales data. In this blog post, we will analyze the past six months’ worth of sales data, specifically focusing on single-family homes, condos, manufactured homes, and land lots sold in the area over the last 180 days.

Sales Data Overview

• Number of Transactions: 807
• Average Sales Price: $258,327
• Median Sales Price: $245,000
• Average Sales Price per Square Foot: $183.22
• Median Sales Price per Square Foot: $169.01

Number of Transactions

Over the past six months, there have been a total of 807 transactions in the Toppenish real estate market. This reflects the significant activity and demand for properties in the area. Whether you are a buyer or seller, the high number of transactions indicates a robust real estate market.

Average and Median Sales Prices

The average sales price for properties in Toppenish during this period was $258,327. This value gives potential buyers and sellers an idea of the general price range they can expect when entering the market.

Furthermore, the median sales price in Toppenish stood at $245,000. This figure represents the middle point of all sales prices, showing that a significant number of properties sold below this price and a similar number sold above it. The median sales price is particularly useful when analyzing affordability and identifying trends in the local market.

Average and Median Sales Price per Square Foot

While the overall sales price provides a broad overview, the average and median sales price per square foot offer additional insights into property valuations.

On average, properties in the Toppenish market sold for approximately $183.22 per square foot. This metric allows potential buyers to compare homes of different sizes and determine if the price per square foot aligns with their budget and expectations.

Similarly, the median sales price per square foot was $169.01. This value helps identify the typical price per square foot for properties in the area, disregarding any extreme outliers.

Conclusion

Based on the recent sales data, the Toppenish real estate market continues to exhibit steady activity, with a significant number of transactions taking place. The average and median sales prices provide buyers and sellers with a general understanding of the market’s value range.
Furthermore, the average and median sales prices per square foot offer valuable insights into property valuations, allowing buyers to make informed decisions based on their budget and preferences.

Whether you are in search of homes for sale by owner in Toppenish or interested in exploring the local market, understanding the recent sales data will assist you in making well-informed decisions in this vibrant real estate market.