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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Anacortes is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Anacortes, WA

How much do homes in Anacortes, WA cost?

Median Sold Price

$675,000

$386/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$70,000(-9.4%)

Key Takeaway

Homes in Anacortes have sold for 9.4% less than they did a year ago.

Summary: The median home sold price in Anacortes was $675,000 in November 2024, down 9.4% from last year, and the median price per square foot was $386.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $351.7K$380K
+8.0%
2 $514.1K$528.5K
+2.8%
3 $707.5K$695K
-1.8%
4 $900K$865K
-3.9%
5+ $1.0M$1.2M
+23.0%

Summary: Anacortes housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 2.8%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 3.9%, and 5+ bedroom homes increased by 23%.

Housing Supply in Anacortes, WA

How many homes are available in Anacortes, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
127129+1.6%

Summary: The Anacortes real estate market had 129 homes for sale in November 2024, a 1.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 34
+33.3%
2 3126
-16.1%
3 6261
-1.6%
4 2733
+22.2%
5+ 45
+25.0%

Summary: The Anacortes housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 16.1%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2431+29.2%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Anacortes, you may be able to get a good deal. 64.5% of homes here sold below asking price last month.

Summary: A total of 31 homes were sold or pending in Anacortes in November 2024, up by 29.2% month-over-month. Of the 31 sold homes, 65% were sold under asking, 32% were sold at asking, and 3% 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

Nov 2023Nov 2024CHANGE
51 Days77 Days+50.4%

Summary: Homes in Anacortes had an average of 77 days on market in Nov 2024, up by 50.4% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 31 homes were sold in Anacortes; 42% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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 20 Days Ago

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