Is Stanwood, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stanwood is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Stanwood has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Stanwood, WA

How much do homes in Stanwood, WA cost?

Median Sold Price

$688,250

$342/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$48,250(+7.5%)

Key Takeaway

Homes in Stanwood have sold for 7.5% more than they did a year ago.

Summary: The median home sold price in Stanwood was $688,250 in November 2024, up 7.5% from last year, and the median price per square foot was $342.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $360K$450.5K
+25.2%
2 $470K$485K
+3.2%
3 $614.9K$655K
+6.5%
4 $699.9K$720K
+2.9%
5+ $732.4K$749.9K
+2.4%

Summary: Stanwood housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 25.2%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 2.4%.

Housing Supply in Stanwood, WA

How many homes are available in Stanwood, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7966-16.5%

Summary: The Stanwood real estate market had 66 homes for sale in November 2024, a 16.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 97
-22.2%
3 4037
-7.5%
4 2118
-14.3%
5+ 72
-71.4%

Summary: The Stanwood 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 22.2%, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 71.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2324+4.3%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stanwood, you may be able to get a good deal. 45.8% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Stanwood in November 2024, up by 4.3% month-over-month. Of the 24 sold homes, 46% were sold under asking, 42% were sold at asking, and 13% were sold over asking.

Days on Market for Stanwood, WA

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

Average Sale Time

Nov 2023Nov 2024CHANGE
38 Days37 Days-3.6%

Summary: Homes in Stanwood had an average of 37 days on market in Nov 2024, down by 3.6% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 24 homes were sold in Stanwood; 54% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 4% 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 17 Days Ago

Newest Listings in Stanwood, WA

Nearby Markets to Stanwood, WA