$627,500 median July home sales around La Conner

Homeowners selling, and their realtors, had a great July in the La Conner housing market: the $627,5000 median price for the 12 closed sales was almost $200,000 above June’s median sales price, as larger homes sold, according to Northwest Multiple Listing Services data.

The 21 new homes listed in the La Conner area in July is the highest one month total in 2022. Realtors estimate a two month inventory.

The $800,000 median sold home price for the 23 Anacortes homes sold in July is just below last month’s median price, when 36 homes sold. Anacortes continues to lead, by far, Skagit County home prices.

The $549,950 median sold home price countywide is also just below June’s median price. Six of the eight market regions sold homes at at least a $500,000 median price. Burlington was at $562,000, Mount Vernon, $535,000 and Sedro-Woolley, $500,000.

The La Conner area is roughly the La Conner School District’s boundaries.

The 156 homes and condos that sold in the county last month was 34 fewer, 18% below, the 190 that sold in June.

Inventory of homes continues to increase, from under 30 days at the end of May to almost 70 days at July’s end. This is the time to sell all homes if no new structures came on the market.

Inventory of single family homes and condominiums in the 26 counties served by Northwest MLS is estimated at two months for the first time since January 2019, the listing service reports.

While new listings in this region are up by almost 15%, in Skagit County there were 50 fewer, about 17% below June’s 301 homes and condominiums

Prices rose despite fewer sales, but at a slower rate across the region. The median price on last month’s closed sales of single family homes and condos increased 6.1% from a year ago

Skagit County is one of 13 counties where homes sold at or above the list price.

The median sales price is the point where half of the home sales are above it and half are below it.