Is San Juan County, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Juan County is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, San Juan County was a Neutral Market.

Key Takeaway

San Juan County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in San Juan County, WA

How much do homes in San Juan County, WA cost?

Median Sold Price

$925,000

$506/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$17,400(+1.9%)

Key Takeaway

Homes in San Juan County have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in San Juan County was $925,000 in May 2024, up 1.9% from last year, and the median price per square foot was $506.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $875K$680K
-22.3%
2 $824K$750K
-9.0%
3 $925K$998K
+7.9%
4 $1.3M$1.3M
+5.3%
5+ $950K$1.8M
+89.5%

Summary: San Juan County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.3%, 2 bedroom homes decreased by 9%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 89.5%.

Housing Supply in San Juan County, WA

How many homes are available in San Juan County, WA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
143175+22.4%

Summary: The San Juan County real estate market had 175 homes for sale in May 2024, a 22.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 2122
+4.8%
2 5767
+17.5%
3 5062
+24.0%
4 1013
+30.0%
5+ 511
+120.0%

Summary: The San Juan County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 17.5%, 3 bedroom homes increased by 24%, 4 bedroom homes increased by 30%, and 5+ bedroom homes increased by 120%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1718+5.9%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Juan County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in San Juan County in May 2024, up by 5.9% month-over-month. Of the 18 sold homes, 50% were sold under asking, 28% were sold at asking, and 22% were sold over asking.

Days on Market for San Juan County, WA

How long does it take to sell a home in San Juan County, WA?

Average Sale Time

May 2023May 2024CHANGE
28 Days38 Days+39.1%

Summary: Homes in San Juan County had an average of 38 days on market in May 2024, up by 39.1% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During May 2024, 18 homes were sold in San Juan County; 78% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 17% 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 1 Day Ago

Newest Listings in San Juan County, WA

Nearby Markets to San Juan County, WA