Is San Juan Island, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, San Juan Island was a Seller's Market.
Housing Prices in San Juan Island, WA
How much do homes in San Juan Island, WA cost?
Median Sold Price
$875,000
$486/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in San Juan Island was $875,000 in March 2024, up 1.9% from last year, and the median price per square foot was $486.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $950K | $838K | -11.8% |
2 Bedrooms | $824K | $750K | -9.0% |
3 Bedrooms | $859K | $875.5K | +1.9% |
4 Bedrooms | $1.1M | $1.4M | +33.6% |
5+ Bedrooms | $935K | $1.1M | +23.0% |
Summary: San Juan Island housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.8%, 2 bedroom homes decreased by 9%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 33.6%, and 5+ bedroom homes increased by 23%.
Median Sold Price Compared To Nearby Cities
Friday Harbor | $669K | $876K | +30.9% |
San Juan Island | $859K | $875K | +1.9% |
Housing Supply in San Juan Island, WA
How many homes are available in San Juan Island, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
48 | 58 | +20.8% |
Summary: The San Juan Island real estate market had 58 homes for sale in March 2024, a 20.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 21 | 26 | +23.8% |
3 Bedrooms | 21 | 23 | +9.5% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The San Juan Island housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 9.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 6 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in San Juan Island in March 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for San Juan Island, WA
How long does it take to sell a home in San Juan Island, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
84 Days | 129 Days | +54.0% |
Summary: Homes in San Juan Island had an average of 129 days on market in Mar 2024, up by 54% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in San Juan Island; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.