Is Stanwood, 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, Stanwood has remained a Seller's Market.
Housing Prices in Stanwood, WA
How much do homes in Stanwood, WA cost?
Median Sold Price
$669,950
$329/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Stanwood was $669,950 in May 2024, up 11.7% from last year, and the median price per square foot was $329.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $360K | $385K | +6.9% |
2 Bedrooms | $450K | $485K | +7.8% |
3 Bedrooms | $565K | $639.9K | +13.3% |
4 Bedrooms | $685K | $702.4K | +2.5% |
5+ Bedrooms | $725K | $739.9K | +2.1% |
Summary: Stanwood housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 2.1%.
Housing Supply in Stanwood, WA
How many homes are available in Stanwood, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
90 | 104 | +15.6% |
Summary: The Stanwood real estate market had 104 homes for sale in May 2024, a 15.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 10 | 15 | +50.0% |
3 Bedrooms | 34 | 38 | +11.8% |
4 Bedrooms | 31 | 38 | +22.6% |
5+ Bedrooms | 12 | 11 | -8.3% |
Summary: The Stanwood housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 22.6%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 29 | +3.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 29 homes were sold or pending in Stanwood in May 2024, up by 3.6% month-over-month. Of the 29 sold homes, 10% were sold under asking, 59% were sold at asking, and 31% were sold over asking.
Days on Market for Stanwood, WA
How long does it take to sell a home in Stanwood, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
41 Days | 10 Days | -75.9% |
Summary: Homes in Stanwood had an average of 10 days on market in May 2024, down by 75.9% compared to last year.
Breakdown of Home Sale Times
28 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, 29 homes were sold in Stanwood; 97% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.