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 October 2023

Since last year, 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

$562,000

$322/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$52,500(+10.3%)

Key Takeaway

Homes in La Conner have sold for 10.3% more than they did a year ago.

Summary: The median home sold price in La Conner was $562,000 in October 2024, up 10.3% from last year, and the median price per square foot was $322.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $355K$1.1M
+225.2%
2 $430K$530K
+23.3%
3 $539.5K$556K
+3.1%
4 $499K$597.5K
+19.7%
5+ --
N/A

Summary: La Conner housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 225.2%, 2 bedroom homes increased by 23.3%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Swinomish Reservation
+12.5%
La Conner
+10.3%

Housing Supply in La Conner, WA

How many homes are available in La Conner, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3126-16.1%

Summary: The La Conner real estate market had 26 homes for sale in October 2024, a 16.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 96
-33.3%
3 1814
-22.2%
4 35
+66.7%
5+ 00
0.0%

Summary: The La Conner 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 33.3%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
116-45.5%

Asking Price vs. Sold Price

5 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. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in La Conner in October 2024, down by 45.5% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% 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 2023Oct 2024CHANGE
66 Days56 Days-15.5%

Summary: Homes in La Conner had an average of 56 days on market in Oct 2024, down by 15.5% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 6 homes were sold in La Conner; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% 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

Newest Listings in La Conner, WA

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