Is Guemes Island, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Guemes Island is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Guemes Island was a Seller's Market.

Key Takeaway

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

Housing Prices in Guemes Island, WA

How much do homes in Guemes Island, WA cost?

Median Sold Price

$787,500

$607/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,500(+5.0%)

Key Takeaway

Homes in Guemes Island have sold for 5% more than they did a year ago.

Summary: The median home sold price in Guemes Island was $787,500 in November 2024, up 5% from last year, and the median price per square foot was $607.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $272.5K$375K
+37.6%
2 $1.1M$785K
-30.2%
3 $825K$1.0M
+30.9%
4 -$790K
N/A
5+ --
N/A

Summary: Guemes Island housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.6%, 2 bedroom homes decreased by 30.2%, 3 bedroom homes increased by 30.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Guemes Island, WA

How many homes are available in Guemes Island, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
14140.0%

Summary: The Guemes Island real estate market had 14 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 23
+50.0%
2 99
0.0%
3 32
-33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Guemes Island housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Guemes Island, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Guemes Island in November 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Guemes Island, WA

We’re sorry, we don't have information for this market at the moment

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Guemes Island; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 Guemes Island, WA

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