Is Sedro-Woolley, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sedro-Woolley is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Sedro-Woolley has remained a Seller's Market.

Key Takeaway

Sedro-Woolley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sedro-Woolley, WA

How much do homes in Sedro-Woolley, WA cost?

Median Sold Price

$478,000

$332/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$27,300(+6.1%)

Key Takeaway

Homes in Sedro-Woolley have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Sedro-Woolley was $478,000 in June 2024, up 6.1% from last year, and the median price per square foot was $332.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $325K$536.9K
+65.2%
2 $378K$390K
+3.2%
3 $455K$490K
+7.7%
4 $500K$565K
+13.0%
5+ $462.4K$425K
-8.1%

Summary: Sedro-Woolley housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 65.2%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 13%, and 5+ bedroom homes decreased by 8.1%.

Median Sold Price Compared To Nearby Cities

Upper Samish River
+7.8%
Sedro-Woolley
+6.1%

Housing Supply in Sedro-Woolley, WA

How many homes are available in Sedro-Woolley, WA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
3438+11.8%

Summary: The Sedro-Woolley real estate market had 38 homes for sale in June 2024, a 11.8% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 1315
+15.4%
3 1315
+15.4%
4 77
0.0%
5+ 11
0.0%

Summary: The Sedro-Woolley housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 15.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

May 2024Jun 2024CHANGE
1012+20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sedro-Woolley, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in Sedro-Woolley in June 2024, up by 20.0% month-over-month. Of the 12 sold homes, 33% were sold under asking, 42% were sold at asking, and 25% were sold over asking.

Days on Market for Sedro-Woolley, WA

How long does it take to sell a home in Sedro-Woolley, WA?

Average Sale Time

Jun 2023Jun 2024CHANGE
58 Days11 Days-80.6%

Summary: Homes in Sedro-Woolley had an average of 11 days on market in Jun 2024, down by 80.6% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sedro-Woolley are selling fast, if you're buying plan to act quickly.

Summary: During June 2024, 12 homes were sold in Sedro-Woolley; 83% of homes were sold within 30 days, 17% 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

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