Is Sedro-Woolley, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sedro-Woolley is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Sedro-Woolley was a Neutral Market.

Key Takeaway

Sedro-Woolley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sedro-Woolley, WA

How much do homes in Sedro-Woolley, WA cost?

Median Sold Price

$476,250

$347/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$11,250(+2.4%)

Key Takeaway

Homes in Sedro-Woolley have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in Sedro-Woolley was $476,250 in October 2024, up 2.4% from last year, and the median price per square foot was $347.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $332.5K$560.9K
+68.7%
2 $365K$390K
+6.8%
3 $470K$495K
+5.3%
4 $492K$518.5K
+5.4%
5+ $425K-
N/A

Summary: Sedro-Woolley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 68.7%, 2 bedroom homes increased by 6.8%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Upper Samish River
+26.9%
Sedro-Woolley
+2.4%

Housing Supply in Sedro-Woolley, WA

How many homes are available in Sedro-Woolley, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4246+9.5%

Summary: The Sedro-Woolley real estate market had 46 homes for sale in October 2024, a 9.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1113
+18.2%
3 2222
0.0%
4 810
+25.0%
5+ 11
0.0%

Summary: The Sedro-Woolley 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 increased by 18.2%, 3 bedroom homes remained the same, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sedro-Woolley, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in Sedro-Woolley in October 2024, down by 11.1% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Sedro-Woolley, WA

How long does it take to sell a home in Sedro-Woolley, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
21 Days14 Days-31.4%

Summary: Homes in Sedro-Woolley had an average of 14 days on market in Oct 2024, down by 31.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sedro-Woolley are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in Sedro-Woolley; 75% of homes were sold within 30 days, 25% 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 16 Days Ago

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