Is Stanwood, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Stanwood has remained a Seller's Market.
Housing Prices in Stanwood, WA
How much do homes in Stanwood, WA cost?
Median Sold Price
$659,960
$325/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Stanwood was $659,960 in March 2024, up 10% from last year, and the median price per square foot was $325.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $360K | $385K | +6.9% |
2 Bedrooms | $452K | $482.5K | +6.7% |
3 Bedrooms | $568.5K | $632.4K | +11.3% |
4 Bedrooms | $644.9K | $699.9K | +8.5% |
5+ Bedrooms | $705K | $724.9K | +2.8% |
Summary: Stanwood housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 2.8%.
Housing Supply in Stanwood, WA
How many homes are available in Stanwood, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
88 | 86 | -2.3% |
Summary: The Stanwood real estate market had 86 homes for sale in March 2024, a 2.3% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 10 | 11 | +10.0% |
3 Bedrooms | 40 | 35 | -12.5% |
4 Bedrooms | 29 | 26 | -10.3% |
5+ Bedrooms | 7 | 12 | +71.4% |
Summary: The Stanwood housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes increased by 71.4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
28 | 31 | +10.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Stanwood in March 2024, up by 10.7% month-over-month. Of the 31 sold homes, 26% were sold under asking, 39% were sold at asking, and 35% were sold over asking.
Days on Market for Stanwood, WA
How long does it take to sell a home in Stanwood, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
58 Days | 37 Days | -36.0% |
Summary: Homes in Stanwood had an average of 37 days on market in Mar 2024, down by 36% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 31 homes were sold in Stanwood; 65% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.