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 April 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

$480,000

$331/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$25,000(+5.5%)

Key Takeaway

Homes in Sedro-Woolley have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Sedro-Woolley was $480,000 in April 2024, up 5.5% from last year, and the median price per square foot was $331.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $350K$536.9K
+53.4%
2 $385K$390K
+1.3%
3 $465K$484.9K
+4.3%
4 $525K$565K
+7.6%
5+ $484.5K$437.4K
-9.7%

Summary: Sedro-Woolley housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.4%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes decreased by 9.7%.

Housing Supply in Sedro-Woolley, WA

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

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3732-13.5%

Summary: The Sedro-Woolley real estate market had 32 homes for sale in April 2024, a 13.5% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 21
-50.0%
2 910
+11.1%
3 2118
-14.3%
4 53
-40.0%
5+ 00
0.0%

Summary: The Sedro-Woolley housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1413-7.1%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

4 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, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Sedro-Woolley in April 2024, down by 7.1% month-over-month. Of the 13 sold homes, 46% were sold under asking, 31% were sold at asking, and 23% 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

Apr 2023Apr 2024CHANGE
110 Days19 Days-82.7%

Summary: Homes in Sedro-Woolley had an average of 19 days on market in Apr 2024, down by 82.7% compared to last year.

Breakdown of Home Sale Times

11 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 April 2024, 13 homes were sold in Sedro-Woolley; 85% of homes were sold within 30 days, 15% 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 14 Days Ago

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