By Ken Stern 

County sold home prices stay high

 

April 12, 2023



Fewer homes sold in Skagit County in March, keeping the average median price high, $556,250 for the 105 homes that closed countywide. Anacortes remains the most expensive housing market in the county, by far: The 23 homes that closed had an average median price of $730,000.

Sold home prices in the Burlington and Mount Vernon markets were also high, with $587,500 the average median price for the 20 homes that closed in the smaller city ,. The 33 homes that closed in Mount Vernon had an average median price of $585,000. These three markets kept the weighted average median price up.

By contrast, the three homes that closed in the La Conner school district went for an average median price of $403,000.

Thirty percent more homes closed countywide in March than in January. The largest supply remains in Anacortes, Burlington and Mount Vernon.

Those trends hold for new and total active listings for March. Here the La Conner market is larger, with 27 total active homes listed in March, four times the seven of 2022 for the same period.


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Inventory is estimated at 45 days countywide but a whopping nine months in the La Conner market. Home availability is highest in Anacortes, at over 50 days. It is about five weeks in Mount Vernon and three weeks in Burlington. That projects the length of time to sell all homes if no additional ones were added.

Data are from the Northwest Multiple Listing Service.

 

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