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 Last Month

Since last month, 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

$600,000

$260/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$40,000(-6.3%)

Key Takeaway

Homes in La Conner have sold for 6.2% less than they did a month ago.

Summary: The median home sold price in La Conner was $600,000 in May 2024, down 6.3% from last month, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 $650K$568.7K
-12.5%
3 $471.2K$626K
+32.8%
4 -$600K
N/A
5+ --
N/A

Summary: La Conner housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 32.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in La Conner, WA

How many homes are available in La Conner, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
3747+27.0%

Summary: The La Conner real estate market had 47 homes for sale in May 2024, a 27.0% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 01
+100.0%
2 1918
-5.3%
3 1317
+30.8%
4 48
+100.0%
5+ 13
+200.0%

Summary: The La Conner housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 30.8%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 200%.

Number of Homes Sold

Apr 2024May 2024CHANGE
79+28.6%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in La Conner, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in La Conner in May 2024, up by 28.6% 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 La Conner, WA

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

Average Sale Time

Apr 2024May 2024CHANGE
45 Days33 Days-26.2%

Summary: Homes in La Conner had an average of 33 days on market in May 2024, down by 26.2% compared to last month.

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

Breakdown of Home Sale Times

Key Takeaway

Many homes in La Conner are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 9 homes were sold in La Conner; 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.

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

Report Updated 20 Days Ago

Newest Listings in La Conner, WA

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