Is Swinomish Reservation, 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, Swinomish Reservation has remained a Seller's Market.
Housing Prices in Swinomish Reservation, WA
How much do homes in Swinomish Reservation, WA cost?
Median Sold Price
$499,500
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Swinomish Reservation was $499,500 in May 2024, up 1.9% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $355K | N/A |
2 Bedrooms | $524.2K | $467.5K | -10.8% |
3 Bedrooms | $480K | $525K | +9.4% |
4 Bedrooms | $548.7K | $504.2K | -8.1% |
5+ Bedrooms | - | - | N/A |
Summary: Swinomish Reservation housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.8%, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Bay View | $590K | $653.2K | +10.7% |
Swinomish Reservation | $490K | $499.5K | +1.9% |
Housing Supply in Swinomish Reservation, WA
How many homes are available in Swinomish Reservation, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 35 | +29.6% |
Summary: The Swinomish Reservation real estate market had 35 homes for sale in May 2024, a 29.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 13 | 15 | +15.4% |
3 Bedrooms | 12 | 15 | +25.0% |
4 Bedrooms | 2 | 5 | +150.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Swinomish Reservation 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 15.4%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 9 | +125.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Swinomish Reservation in May 2024, up by 125.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for Swinomish Reservation, WA
How long does it take to sell a home in Swinomish Reservation, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
84 Days | 33 Days | -60.3% |
Summary: Homes in Swinomish Reservation had an average of 33 days on market in May 2024, down by 60.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 9 homes were sold in Swinomish Reservation; 56% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.