$5,047 Closing Credit*
$425,000
1,824 SqFt
2 Beds
•1 Full Bath, 1 Partial
Sofia Sabeti, Listing Office: Coldwell Banker Bain
Is Anderson Island, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Anderson Island was a Seller's Market.
Key Takeaway
Anderson Island is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Anderson Island, WA
How much do homes in Anderson Island, WA cost?
Median Sold Price
$444,999
$319/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$28,100(-5.9%)
Key Takeaway
Homes in Anderson Island have sold for 5.9% less than they did a year ago.
Summary: The median home sold price in Anderson Island was $444,999 in October 2024, down 5.9% from last year, and the median price per square foot was $319.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | $215K | +79.2% |
| 2 Bedrooms | $402.5K | $392.5K | -2.5% |
| 3 Bedrooms | $523K | $475K | -9.2% |
| 4 Bedrooms | $650K | $600K | -7.7% |
| 5+ Bedrooms | - | $680K | N/A |
Summary: Anderson Island housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 79.2%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lakebay | $400K | $489.9K | +22.5% |
| DuPont | $508.7K | $505K | -0.7% |
| Fort Lewis-DuPont | $508.7K | $505K | -0.7% |
| Anderson Island | $473.1K | $444.9K | -5.9% |
Housing Supply in Anderson Island, WA
How many homes are available in Anderson Island, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 22 | -26.7% |
Summary: The Anderson Island real estate market had 22 homes for sale in October 2024, a 26.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 14 | 7 | -50.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Anderson Island housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 2 | -77.8% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Anderson Island, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Anderson Island in October 2024, down by 77.8% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Anderson Island, WA
How long does it take to sell a home in Anderson Island, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 77 Days | 107 Days | +37.7% |
Summary: Homes in Anderson Island had an average of 107 days on market in Oct 2024, up by 37.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Anderson Island has remained consistent over time.
Summary: During October 2024, 2 homes were sold in Anderson Island; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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.