July Skagit home sales down slightly

The median price of the 126 homes that closed in Skagit County in July was $545,000, slightly down in the five months since March. Anacortes home prices continue to influence values county wide. The median sold home price in that market was down considerably from June and July 2022, over $100,000 and $150,000 respectively.

Nine of the 10 homes sold in the La Conner market were in Shelter Bay or on the Fidalgo peninsula. Homes are generally selling at or within 10% of the list price, either above or below, each dependent, typically, on the condition of the structure and the lot size.

The highest priced home was on Cowichan Place. The 5,716-square-foot home on a half-acre lot sold for $893,000 while a 1,445-square-foot home on Cowlitz Place on a 9,000-square-foot lot went for $312,500. The one address in La Conner proper, on Center Street, a 1905, 1,560-square-foot home, sold for $590,000, near the list price.

The 39 homes that closed in Mount Vernon had a median price of $578,000, $33,000 above the countywide median July sales price and $28,000 higher than the market's June sold home prices

The 11 homes sold in Burlington is eight fewer than the 19 sold in June. The $539,000 median home price was down $40,000 from last month and $25,000 from last year.

Median sold home prices in the upriver markets of Sedro-Woolly, Concrete and Lyman/Hamilton are $80,000 to $120,000 below the other markets.

Countywide, the median sold home has moved generally upward in 2023 with many fewer homes on the market on a monthly basis than 2022.

Countywide, the months of inventory is under 60 days, though it is about 75 days in Anacortes and La Conner. That estimates the days to sell all homes if no new properties came on the market.

Data are from the Kirkland-based Northwest Multiple Listing Service and Don Elliott, managing broker, Coldwell Banker Bain Real Estate.