Is Camano Island, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Camano Island was a Seller's Market.
Housing Prices in Camano Island, WA
How much do homes in Camano Island, WA cost?
Median Sold Price
$679,000
$374/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Camano Island was $679,000 in June 2024, up 5.2% from last year, and the median price per square foot was $374.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $515K | $525K | +1.9% |
2 Bedrooms | $610K | $622.5K | +2.0% |
3 Bedrooms | $639.5K | $700K | +9.5% |
4 Bedrooms | $829K | $927.5K | +11.9% |
5+ Bedrooms | $887.5K | $767K | -13.6% |
Summary: Camano Island housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.9%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 11.9%, 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
May 2024 | Jun 2024 | CHANGE |
---|---|---|
147 | 164 | +11.6% |
Summary: The Camano Island real estate market had 164 homes for sale in June 2024, a 11.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 51 | 61 | +19.6% |
3 Bedrooms | 77 | 80 | +3.9% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Camano Island housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
32 | 25 | -21.9% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Camano Island in June 2024, down by 21.9% month-over-month. Of the 25 sold homes, 52% were sold under asking, 12% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
27 Days | 41 Days | +51.0% |
Summary: Homes in Camano Island had an average of 41 days on market in Jun 2024, up by 51% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 25 homes were sold in Camano Island; 48% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.