Is Sedro-Woolley, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Sedro-Woolley has remained a Seller's Market.
Housing Prices in Sedro-Woolley, WA
How much do homes in Sedro-Woolley, WA cost?
Median Sold Price
$483,000
$333/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sedro-Woolley was $483,000 in May 2024, up 7.3% from last year, and the median price per square foot was $333.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $354.7K | $536.9K | +51.4% |
2 Bedrooms | $385K | $390K | +1.3% |
3 Bedrooms | $455K | $490K | +7.7% |
4 Bedrooms | $509K | $557.5K | +9.5% |
5+ Bedrooms | $475K | $425K | -10.5% |
Summary: Sedro-Woolley housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.4%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes decreased by 10.5%.
Median Sold Price Compared To Nearby Cities
Upper Samish River | $575K | $632.5K | +10.0% |
Sedro-Woolley | $450K | $483K | +7.3% |
Housing Supply in Sedro-Woolley, WA
How many homes are available in Sedro-Woolley, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 36 | +28.6% |
Summary: The Sedro-Woolley real estate market had 36 homes for sale in May 2024, a 28.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 13 | 13 | 0.0% |
4 Bedrooms | 4 | 9 | +125.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Sedro-Woolley housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 30%, 3 bedroom homes remained the same, 4 bedroom homes increased by 125%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 9 | -30.8% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Sedro-Woolley in May 2024, down by 30.8% month-over-month. Of the 9 sold homes, 11% were sold under asking, 44% were sold at asking, and 44% were sold over asking.
Days on Market for Sedro-Woolley, WA
How long does it take to sell a home in Sedro-Woolley, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
39 Days | 18 Days | -52.7% |
Summary: Homes in Sedro-Woolley had an average of 18 days on market in May 2024, down by 52.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Sedro-Woolley; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.