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.
Key Takeaway
Sedro-Woolley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
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
Key Takeaway
Homes in Sedro-Woolley have sold for 7.3% more than they did a year ago.
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
Key Takeaway
If you're buying a home in Sedro-Woolley, expect to pay close to the asking price. 44.4% of homes here sold near the asking price last month.
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
Key Takeaway
Many homes in Sedro-Woolley are selling fast, if you're buying plan to act quickly.
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.
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.