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 September 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

$660,416

$390/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$84,583(-11.4%)

Key Takeaway

Homes in Anacortes have sold for 11.4% less than they did a year ago.

Summary: The median home sold price in Anacortes was $660,416 in September 2024, down 11.4% from last year, and the median price per square foot was $390.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $385.7K$373.5K
-3.2%
2 $527.5K$500K
-5.2%
3 $712.5K$672.5K
-5.6%
4 $875K$825K
-5.7%
5+ $1.0M$1.3M
+29.6%

Summary: Anacortes housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes decreased by 5.2%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 29.6%.

Housing Supply in Anacortes, WA

How many homes are available in Anacortes, WA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
169160-5.3%

Summary: The Anacortes real estate market had 160 homes for sale in September 2024, a 5.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 43
-25.0%
2 4741
-12.8%
3 6569
+6.2%
4 4440
-9.1%
5+ 97
-22.2%

Summary: The Anacortes housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 12.8%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
4335-18.6%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

6 Homes Were 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. 54.3% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Anacortes in September 2024, down by 18.6% month-over-month. Of the 35 sold homes, 54% were sold under asking, 29% were sold at asking, and 17% 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

Sep 2023Sep 2024CHANGE
24 Days52 Days+112.3%

Summary: Homes in Anacortes had an average of 52 days on market in Sep 2024, up by 112.3% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

5 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 September 2024, 35 homes were sold in Anacortes; 60% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 26% 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 29 Days Ago

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