Is La Conner, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Conner is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, La Conner has remained a Seller's Market.

Key Takeaway

La Conner is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in La Conner, WA

How much do homes in La Conner, WA cost?

Median Sold Price

$520,000

$258/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$35,000(-6.3%)

Key Takeaway

Homes in La Conner have sold for 6.3% less than they did a year ago.

Summary: The median home sold price in La Conner was $520,000 in February 2024, down 6.3% from last year, and the median price per square foot was $258.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $265K$355K
+34.0%
2 $665.5K$435K
-34.6%
3 $555.5K$555K
-0.1%
4 $520K$509.5K
-2.0%
5+ --
N/A

Summary: La Conner housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 34%, 2 bedroom homes decreased by 34.6%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Swinomish Reservation
+1.9%
La Conner
-6.3%

Housing Supply in La Conner, WA

How many homes are available in La Conner, WA?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
1617+6.3%

Summary: The La Conner real estate market had 17 homes for sale in February 2024, a 6.3% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 98
-11.1%
4 12
+100.0%
5+ 00
0.0%

Summary: The La Conner housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
330.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Conner, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in La Conner in February 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for La Conner, WA

How long does it take to sell a home in La Conner, WA?

Average Sale Time

Feb 2023Feb 2024CHANGE
87 Days181 Days+107.5%

Summary: Homes in La Conner had an average of 181 days on market in Feb 2024, up by 107.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in La Conner are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During February 2024, 3 homes were sold in La Conner; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in La Conner, WA

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