Is Friday Harbor, 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, Friday Harbor has remained a Buyer's Market.
Key Takeaway
Friday Harbor is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Friday Harbor, WA
How much do homes in Friday Harbor, WA cost?
Median Sold Price
$875,000
$488/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Friday Harbor have sold for 21.3% more than they did a year ago.
Summary: The median home sold price in Friday Harbor was $875,000 in May 2024, up 21.3% from last year, and the median price per square foot was $488.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $462.2K | $838K | +81.3% |
| 2 Bedrooms | $595K | $750K | +26.1% |
| 3 Bedrooms | $755K | $880K | +16.6% |
| 4 Bedrooms | $669K | $1.4M | +119.7% |
| 5+ Bedrooms | $935K | $1.1M | +23.0% |
Summary: Friday Harbor housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 81.3%, 2 bedroom homes increased by 26.1%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 119.7%, and 5+ bedroom homes increased by 23%.
Median Sold Price Compared To Nearby Cities
| Friday Harbor | $721.2K | $875K | +21.3% |
| San Juan Island | $850K | $865K | +1.8% |
Housing Supply in Friday Harbor, WA
How many homes are available in Friday Harbor, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 74 | 87 | +17.6% |
Summary: The Friday Harbor real estate market had 87 homes for sale in May 2024, a 17.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 30 | 32 | +6.7% |
| 3 Bedrooms | 28 | 34 | +21.4% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The Friday Harbor 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 increased by 6.7%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Friday Harbor, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Friday Harbor in May 2024, down by 7.7% month-over-month. Of the 12 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Friday Harbor, WA
How long does it take to sell a home in Friday Harbor, WA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 16 Days | 35 Days | +113.7% |
Summary: Homes in Friday Harbor had an average of 35 days on market in May 2024, up by 113.7% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Friday Harbor are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 12 homes were sold in Friday Harbor; 83% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.