Is Anacortes, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anacortes is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Anacortes has remained a Seller's Market.

Key Takeaway

Anacortes is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Anacortes, WA

How much do homes in Anacortes, WA cost?

Median Sold Price

$730,333

$378/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$791(-0.1%)

Key Takeaway

The sold price of homes in Anacortes has remained the same since last year.

Summary: The median home sold price in Anacortes was $730,333 in April 2024, down 0.1% from last year, and the median price per square foot was $378.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $410K$335.7K
-18.1%
2 $531.7K$501K
-5.8%
3 $719K$670K
-6.8%
4 $864.5K$859.5K
-0.6%
5+ $1.0M$983K
-8.3%

Summary: Anacortes housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.1%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 8.3%.

Housing Supply in Anacortes, WA

How many homes are available in Anacortes, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
101134+32.7%

Summary: The Anacortes real estate market had 134 homes for sale in April 2024, a 32.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 2838
+35.7%
3 3962
+59.0%
4 2423
-4.2%
5+ 810
+25.0%

Summary: The Anacortes housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 35.7%, 3 bedroom homes increased by 59%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1626+62.5%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Anacortes, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Anacortes in April 2024, up by 62.5% month-over-month. Of the 26 sold homes, 54% were sold under asking, 35% were sold at asking, and 12% were sold over asking.

Days on Market for Anacortes, WA

How long does it take to sell a home in Anacortes, WA?

Average Sale Time

Apr 2023Apr 2024CHANGE
34 Days61 Days+79.4%

Summary: Homes in Anacortes had an average of 61 days on market in Apr 2024, up by 79.4% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Anacortes are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 26 homes were sold in Anacortes; 58% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

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