Is Coupeville, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Coupeville is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Coupeville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Coupeville, WA

How much do homes in Coupeville, WA cost?

Median Sold Price

$570,000

$352/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$41,250(-6.7%)

Key Takeaway

Homes in Coupeville have sold for 6.7% less than they did a year ago.

Summary: The median home sold price in Coupeville was $570,000 in April 2024, down 6.7% from last year, and the median price per square foot was $352.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $30K$600K
+1900.0%
2 $524K$479K
-8.6%
3 $650K$625K
-3.8%
4 $731K$665K
-9.0%
5+ $1.0M$750K
-25.7%

Summary: Coupeville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1900%, 2 bedroom homes decreased by 8.6%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 9%, and 5+ bedroom homes decreased by 25.7%.

Median Sold Price Compared To Nearby Cities

Central Whidbey Island
+2.9%
Coupeville
-6.7%

Housing Supply in Coupeville, WA

How many homes are available in Coupeville, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4046+15.0%

Summary: The Coupeville real estate market had 46 homes for sale in April 2024, a 15.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 1514
-6.7%
3 1925
+31.6%
4 44
0.0%
5+ 01
+100.0%

Summary: The Coupeville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 31.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1017+70.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Coupeville, you could pay more than the asking price. 47.1% of homes here sold above asking price last month.

Summary: A total of 17 homes were sold or pending in Coupeville in April 2024, up by 70.0% month-over-month. Of the 17 sold homes, 29% were sold under asking, 24% were sold at asking, and 47% were sold over asking.

Days on Market for Coupeville, WA

How long does it take to sell a home in Coupeville, WA?

Average Sale Time

Apr 2023Apr 2024CHANGE
53 Days25 Days-51.2%

Summary: Homes in Coupeville had an average of 25 days on market in Apr 2024, down by 51.2% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 17 homes were sold in Coupeville; 88% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 12% 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 16 Days Ago

Newest Listings in Coupeville, WA

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