August La Conner area median home sold price: $633,750

La Conner was again the second highest priced Skagit County market for homes sold in August. The median price of $633,750 for the 10 La Conner area homes that closed was above the $627,500 July median selling price, the Northwest Multiple Listing Services reported.

Countywide, 180 homes and condominiums sold and closed, down from 190 last month. The median price was $515,000, 7.4% below July’s median price. The Anacortes market’s median price of $711,500 for the 34 homes closed was down 11% from July’s $800,000 median price.

The countywide median selling price was the lowest for any month this year. That might mean price pressures are cooling, or it may be that million dollar homes, as the one that sold on Guemes Island in July, are not in the mix, lowering the price spread.

Five of the seven market regions sold homes at or above a $500,000 median price. Only Burlington, at $490,000, and the Concrete/Upriver area, at $420,000, were lower. The 42 homes in Sedro Woolley sold at a median price of $500,000. Mount Vernon’s 54 sold homes combined for a median price of $515,000.

The 249 homes and condos listed in August is almost the same number as July. In La Conner, 16 homes were listed, down three from last month’s 19. The La Conner inventory estimate is about 80 days, up from 60 days in July. Countywide, the inventory estimate is about 60 days to sell all homes if no new structures came on the market.

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

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