Is San Juan County, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing San Juan County is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, San Juan County was a Seller's Market.

Key Takeaway

San Juan County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in San Juan County, WA

How much do homes in San Juan County, WA cost?

Median Sold Price

$875,000

$513/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$11,250(-1.3%)

Key Takeaway

Homes in San Juan County have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in San Juan County was $875,000 in November 2024, down 1.3% from last year, and the median price per square foot was $513.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $612.5K$712.5K
+16.3%
2 $800K$775K
-3.1%
3 $935K$1.0M
+12.3%
4 $1.4M$1.1M
-22.6%
5+ $1.1M$2.1M
+85.2%

Summary: San Juan County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.3%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 22.6%, and 5+ bedroom homes increased by 85.2%.

Housing Supply in San Juan County, WA

How many homes are available in San Juan County, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
158152-3.8%

Summary: The San Juan County real estate market had 152 homes for sale in November 2024, a 3.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1313
0.0%
2 5151
0.0%
3 7168
-4.2%
4 1614
-12.5%
5+ 76
-14.3%

Summary: The San Juan County 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 remained the same, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2023+15.0%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in San Juan County, you may be able to get a good deal. 82.6% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in San Juan County in November 2024, up by 15.0% month-over-month. Of the 23 sold homes, 83% were sold under asking, 13% were sold at asking, and 4% were sold over asking.

Days on Market for San Juan County, WA

How long does it take to sell a home in San Juan County, WA?

Average Sale Time

Nov 2023Nov 2024CHANGE
130 Days88 Days-31.9%

Summary: Homes in San Juan County had an average of 88 days on market in Nov 2024, down by 31.9% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in San Juan County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 23 homes were sold in San Juan County; 43% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 30% 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

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