Is Friday Harbor, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Friday Harbor is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Friday Harbor was a Seller's Market.

Key Takeaway

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

Housing Prices in Friday Harbor, WA

How much do homes in Friday Harbor, WA cost?

Median Sold Price

$825,000

$493/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$25,000(-2.9%)

Key Takeaway

Homes in Friday Harbor have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in Friday Harbor was $825,000 in November 2024, down 2.9% from last year, and the median price per square foot was $493.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $784K$641K
-18.2%
2 $747.5K$700.5K
-6.3%
3 $862.5K$907.5K
+5.2%
4 $1.4M$1.1M
-21.8%
5+ $1.0M$2.4M
+136.0%

Summary: Friday Harbor housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.2%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 21.8%, and 5+ bedroom homes increased by 136%.

Median Sold Price Compared To Nearby Cities

Friday Harbor
-2.9%
San Juan Island
-4.0%

Housing Supply in Friday Harbor, WA

How many homes are available in Friday Harbor, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8583-2.4%

Summary: The Friday Harbor real estate market had 83 homes for sale in November 2024, a 2.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 98
-11.1%
2 2629
+11.5%
3 3936
-7.7%
4 76
-14.3%
5+ 44
0.0%

Summary: The Friday Harbor housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 11.5%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
118-27.3%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Friday Harbor, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Friday Harbor in November 2024, down by 27.3% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.

Days on Market for Friday Harbor, WA

How long does it take to sell a home in Friday Harbor, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
202 Days30 Days-85.1%

Summary: Homes in Friday Harbor had an average of 30 days on market in Nov 2024, down by 85.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 8 homes were sold in Friday Harbor; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 21 Days Ago

Newest Listings in Friday Harbor, WA

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