Is Anacortes, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Anacortes was a Seller's Market.
Key Takeaway
Anacortes is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Anacortes, WA
How much do homes in Anacortes, WA cost?
Median Sold Price
$688,000
$379/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Anacortes have sold for 8.1% less than they did a year ago.
Summary: The median home sold price in Anacortes was $688,000 in May 2024, down 8.1% from last year, and the median price per square foot was $379.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $467.5K | $300K | -35.8% |
| 2 Bedrooms | $514.1K | $522K | +1.5% |
| 3 Bedrooms | $724K | $667.5K | -7.8% |
| 4 Bedrooms | $875K | $849K | -3.0% |
| 5+ Bedrooms | $1.0M | $991K | -5.6% |
Summary: Anacortes housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.8%, 2 bedroom homes increased by 1.5%, 3 bedroom homes decreased by 7.8%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 5.6%.
Housing Supply in Anacortes, WA
How many homes are available in Anacortes, WA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 135 | 174 | +28.9% |
Summary: The Anacortes real estate market had 174 homes for sale in May 2024, a 28.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 5 | +400.0% |
| 2 Bedrooms | 38 | 48 | +26.3% |
| 3 Bedrooms | 62 | 75 | +21.0% |
| 4 Bedrooms | 25 | 33 | +32.0% |
| 5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The Anacortes housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 400%, 2 bedroom homes increased by 26.3%, 3 bedroom homes increased by 21%, 4 bedroom homes increased by 32%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 26 | -7.1% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Anacortes, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Anacortes in May 2024, down by 7.1% month-over-month. Of the 26 sold homes, 50% were sold under asking, 27% were sold at asking, and 23% were sold over asking.
Days on Market for Anacortes, WA
How long does it take to sell a home in Anacortes, WA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 52 Days | 63 Days | +19.7% |
Summary: Homes in Anacortes had an average of 63 days on market in May 2024, up by 19.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Anacortes are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 26 homes were sold in Anacortes; 65% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2024 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.