Is Friday Harbor, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Friday Harbor is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Friday Harbor, WA

How much do homes in Friday Harbor, WA cost?

Median Sold Price

$880,000

$497/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$197,375(+28.9%)

Key Takeaway

Homes in Friday Harbor have sold for 28.9% more than they did a year ago.

Summary: The median home sold price in Friday Harbor was $880,000 in April 2024, up 28.9% from last year, and the median price per square foot was $497.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $194.5K$838K
+330.8%
2 $607.5K$752K
+23.8%
3 $735K$880K
+19.7%
4 $669K$1.4M
+122.0%
5+ $935K$1.1M
+23.0%

Summary: Friday Harbor housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 330.8%, 2 bedroom homes increased by 23.8%, 3 bedroom homes increased by 19.7%, 4 bedroom homes increased by 122%, and 5+ bedroom homes increased by 23%.

Median Sold Price Compared To Nearby Cities

Friday Harbor
+28.9%
San Juan Island
+3.1%

Housing Supply in Friday Harbor, WA

How many homes are available in Friday Harbor, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5666+17.9%

Summary: The Friday Harbor real estate market had 66 homes for sale in April 2024, a 17.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 47
+75.0%
2 2724
-11.1%
3 2027
+35.0%
4 34
+33.3%
5+ 24
+100.0%

Summary: The Friday Harbor housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 35%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
613+116.7%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Friday Harbor, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Friday Harbor in April 2024, up by 116.7% month-over-month. Of the 13 sold homes, 69% were sold under asking, 31% were sold at asking, and 0% were sold over asking.

Days on Market for Friday Harbor, WA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
136 Days106 Days-21.8%

Summary: Homes in Friday Harbor had an average of 106 days on market in Apr 2024, down by 21.8% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 13 homes were sold in Friday Harbor; 54% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 31% 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 Friday Harbor, WA

Nearby Markets to Friday Harbor, WA

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