Is Toledo, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Toledo was a Buyer's Market.
Housing Prices in Toledo, WA
How much do homes in Toledo, WA cost?
Median Sold Price
$589,500
$290/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Toledo was $589,500 in May 2024, up 47.4% from last month, and the median price per square foot was $290.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $394K | - | N/A |
3 Bedrooms | $400K | $589.5K | +47.4% |
4 Bedrooms | - | $522.5K | N/A |
5+ Bedrooms | - | $2.1M | N/A |
Summary: Toledo housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 47.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Toledo, WA
How many homes are available in Toledo, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 46 | +7.0% |
Summary: The Toledo real estate market had 46 homes for sale in May 2024, a 7.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 11 | 9 | -18.2% |
3 Bedrooms | 20 | 24 | +20.0% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Toledo housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 18.2%, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Toledo in May 2024, up by 16.7% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Toledo, WA
How long does it take to sell a home in Toledo, WA?
Average Sale Time
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 Days | 34 Days | +694.5% |
Summary: Homes in Toledo had an average of 34 days on market in May 2024, up by 694.5% compared to last month.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Toledo; 86% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.