Is Camano Island, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Camano Island has remained a Seller's Market.
Housing Prices in Camano Island, WA
How much do homes in Camano Island, WA cost?
Median Sold Price
$662,500
$373/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Camano Island was $662,500 in April 2024, up 1.9% from last year, and the median price per square foot was $373.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $524.7K | $545K | +3.9% |
2 Bedrooms | $610K | $639.7K | +4.9% |
3 Bedrooms | $668K | $675K | +1.0% |
4 Bedrooms | $812.5K | $882.5K | +8.6% |
5+ Bedrooms | $887.5K | $767K | -13.6% |
Summary: Camano Island housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.9%, 2 bedroom homes increased by 4.9%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 8.6%, and 5+ bedroom homes decreased by 13.6%.
Housing Supply in Camano Island, WA
How many homes are available in Camano Island, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
95 | 141 | +48.4% |
Summary: The Camano Island real estate market had 141 homes for sale in April 2024, a 48.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 7 | +133.3% |
2 Bedrooms | 39 | 57 | +46.2% |
3 Bedrooms | 46 | 64 | +39.1% |
4 Bedrooms | 6 | 12 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Camano Island housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 133.3%, 2 bedroom homes increased by 46.2%, 3 bedroom homes increased by 39.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 28 | +115.4% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Camano Island in April 2024, up by 115.4% month-over-month. Of the 28 sold homes, 36% were sold under asking, 29% were sold at asking, and 36% were sold over asking.
Days on Market for Camano Island, WA
How long does it take to sell a home in Camano Island, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
81 Days | 26 Days | -66.8% |
Summary: Homes in Camano Island had an average of 26 days on market in Apr 2024, down by 66.8% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in Camano Island; 75% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.