Is San Juan County, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Juan County is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, San Juan County was a Seller's Market.

Key Takeaway

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

Housing Prices in San Juan County, WA

How much do homes in San Juan County, WA cost?

Median Sold Price

$936,250

$503/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$11,250(+1.2%)

Key Takeaway

Homes in San Juan County have sold for 1.2% more than they did a year ago.

Summary: The median home sold price in San Juan County was $936,250 in March 2024, up 1.2% from last year, and the median price per square foot was $503.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $875K$680K
-22.3%
2 $800K$850K
+6.3%
3 $972.5K$957.5K
-1.5%
4 $1.5M$1.3M
-13.4%
5+ $935K$1.5M
+63.1%

Summary: San Juan County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.3%, 2 bedroom homes increased by 6.3%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes increased by 63.1%.

Housing Supply in San Juan County, WA

How many homes are available in San Juan County, WA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
94114+21.3%

Summary: The San Juan County real estate market had 114 homes for sale in March 2024, a 21.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 713
+85.7%
2 4147
+14.6%
3 3443
+26.5%
4 109
-10.0%
5+ 22
0.0%

Summary: The San Juan County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 85.7%, 2 bedroom homes increased by 14.6%, 3 bedroom homes increased by 26.5%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1016+60.0%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Juan County, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in San Juan County in March 2024, up by 60.0% month-over-month. Of the 16 sold homes, 63% were sold under asking, 38% were sold at asking, and 0% were sold over asking.

Days on Market for San Juan County, WA

How long does it take to sell a home in San Juan County, WA?

Average Sale Time

Mar 2023Mar 2024CHANGE
112 Days79 Days-29.4%

Summary: Homes in San Juan County had an average of 79 days on market in Mar 2024, down by 29.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in San Juan County are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 16 homes were sold in San Juan County; 44% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 38% 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 30 Days Ago

Newest Listings in San Juan County, WA

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