July 2025: Buyer activity appears strong, likely driven by improved interest rates and a healthy supply of listings. Sellers have benefited from higher transaction volumes and strong closed sales values compared to last year. Inventory is climbing, gently shifting the balance toward a more tempered—but still active—market.
New Listings: More homes are hitting the market than going Pending or Sold, leading to an increase in active inventory across both areas. In total, 102 new listings were added, 49 in Stanwood and 53 on Camano Island.
Active Listings: The number of homes for sale is up more than 26% compared to this time last year, with a total of 208 residential listings across both markets—128 on Camano Island and 80 in Stanwood.
Pending Listings: With more homes to choose from, buyer activity has picked up, resulting in a 42% increase in Pending sales compared to last month. Camano Island saw particularly strong momentum, with 49 homes going Pending in July - the highest level in over two years.
Sales Price: Average home prices have dipped slightly in recent months as the market shifts toward more buyer-friendly conditions. Stanwood’s average sales price is down 1.5% to $737,587, while Camano Island’s average sits at $890,206.
Days on Market: The average days on market of homes sold is holding strong at 41 days. These homes are selling because they are appropriately priced and market ready.
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With inventory levels up over 26% from last year, you’re facing more competition, making pricing and presentation more important than ever. Homes that are market-ready—clean, well-staged, and accurately priced—are still selling in about 41 days on average, and often close to list price. The recent increase in pending sales shows buyers are active. However, they have more options, so avoid overpricing in hopes of “testing the market.” Work closely with a local Realtor® who understands current trends in both Stanwood and Camano Island and be prepared to make small adjustments if activity slows. The strongest offers are still going to the homes that stand out from the start - make sure yours is one of them.
Inventory is climbing, giving you more homes to choose from and more room to negotiate than we’ve seen in the past couple of years. Interest rates have eased from their highs, which means your buying power has improved. However, the market is still competitive for well-priced, move-in-ready homes. Be ready to act quickly on properties that check all your boxes - especially on Camano Island, where pending activity is at its highest in over two years. Get pre-approved with a local lender so you can make a strong, clean offer when you find the right home. If you’re looking at homes that have been on the market for a while, don’t be afraid to negotiate on price or terms. Sellers are more willing to work with serious buyers in this shifting, more balanced market.
At Windermere, our responsiveness to the local market, dedication to the community, and commitment to our trade is why we help our clients buy and sell more real estate in Stanwood and Camano Island than any other company.
We are all in, for you.
Jill Vail
REALTOR®
Owner, Designated Broker
Windermere Stanwood & Camano Island
jillvail@windermere.com
360-387-HOME