Is Eastsound, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Eastsound was a Seller's Market.
Housing Prices in Eastsound, WA
How much do homes in Eastsound, WA cost?
Median Sold Price
$1,093,225
$571/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Eastsound was $1,093,225 in May 2024, up 16.3% from last year, and the median price per square foot was $571.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $895K | $1.2M | +36.6% |
2 Bedrooms | $890K | $832.5K | -6.5% |
3 Bedrooms | $930K | $1.2M | +29.0% |
4 Bedrooms | $1.6M | $1.4M | -16.1% |
5+ Bedrooms | $950K | $1.2M | +31.6% |
Summary: Eastsound housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.6%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 29%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes increased by 31.6%.
Median Sold Price Compared To Nearby Cities
Eastsound | $940K | $1.0M | +16.3% |
Orcas | $942.1K | $1.0M | +12.0% |
Housing Supply in Eastsound, WA
How many homes are available in Eastsound, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 52 | +20.9% |
Summary: The Eastsound real estate market had 52 homes for sale in May 2024, a 20.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 19 | 22 | +15.8% |
3 Bedrooms | 16 | 19 | +18.8% |
4 Bedrooms | 2 | 3 | +50.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Eastsound housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Eastsound in May 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Eastsound, WA
How long does it take to sell a home in Eastsound, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 89 Days | +105.4% |
Summary: Homes in Eastsound had an average of 89 days on market in May 2024, up by 105.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Eastsound; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.