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 buyer's market

Buyer's
Market

Difference Since June 2023

At the same time last year, La Conner was a Seller's Market.

Key Takeaway

La Conner is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in La Conner, WA

How much do homes in La Conner, WA cost?

Median Sold Price

$525,000

$259/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$30,000(-5.4%)

Key Takeaway

Homes in La Conner have sold for 5.4% less than they did a year ago.

Summary: The median home sold price in La Conner was $525,000 in June 2024, down 5.4% from last year, and the median price per square foot was $259.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $355K-
N/A
2 $682.5K$480K
-29.7%
3 $555K$550K
-0.9%
4 $575K$509.5K
-11.4%
5+ --
N/A

Summary: La Conner housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.7%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Swinomish Reservation
+3.1%
La Conner
-5.4%

Housing Supply in La Conner, WA

How many homes are available in La Conner, WA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
4748+2.1%

Summary: The La Conner real estate market had 48 homes for sale in June 2024, a 2.1% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 10
-100.0%
2 1915
-21.1%
3 1721
+23.5%
4 79
+28.6%
5+ 33
0.0%

Summary: The La Conner housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 21.1%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
115-54.5%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was 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. 40% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in La Conner in June 2024, down by 54.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% 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

Jun 2023Jun 2024CHANGE
44 Days5 Days-88.9%

Summary: Homes in La Conner had an average of 5 days on market in Jun 2024, down by 88.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were 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 June 2024, 5 homes were sold in La Conner; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 26 Days Ago

Newest Listings in La Conner, WA

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