Is La Conner, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing La Conner is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, La Conner has remained a Seller's Market.

Key Takeaway

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

Housing Prices in La Conner, WA

How much do homes in La Conner, WA cost?

Median Sold Price

$462,500

$233/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$115,000(+33.1%)

Key Takeaway

Homes in La Conner have sold for 33.1% more than they did a month ago.

Summary: The median home sold price in La Conner was $462,500 in November 2024, up 33.1% from last month, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 -$462.5K
N/A
2 $320K$689K
+115.3%
3 $347.5K$375K
+7.9%
4 $595K-
N/A
5+ --
N/A

Summary: La Conner housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 115.3%, 3 bedroom homes increased by 7.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in La Conner, WA

How many homes are available in La Conner, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2521-16.0%

Summary: The La Conner real estate market had 21 homes for sale in November 2024, a 16.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 54
-20.0%
3 1412
-14.3%
4 54
-20.0%
5+ 00
0.0%

Summary: The La Conner housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

4 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 La Conner, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in La Conner in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for La Conner, WA

How long does it take to sell a home in La Conner, WA?

Average Sale Time

Oct 2024Nov 2024CHANGE
56 Days141 Days+149.9%

Summary: Homes in La Conner had an average of 141 days on market in Nov 2024, up by 149.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in La Conner has remained consistent over time.

Summary: During November 2024, 5 homes were sold in La Conner; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% 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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