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Local Market Insights

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Keep Up with the Local Market

Our local real estate market is unique and we know that we can’t depend on Seattle real estate news to have a thorough understanding of what’s going on and what to expect here. That’s why we prepare a hyperlocal report every month. This in-depth look at the Stanwood and Camano Island market includes key statistics, like listings sold by price point or the number of days on the market, and empowers our agents and our clients with the most up-to-date and relevant information.

Our attention to the local market, dedication to the community, and commitment to our clients is why we sell more real estate in Stanwood and Camano Island than any other company.

Stanwood

$705,992

Average Sale Price

As of December 31st, 2022

42

Active
Listings

404

Homes Sold
Year to Date

20

Average
Days on Market

102%

List to Sales
Price Ratio

Camano Island

$798,999

Average Sale Price
As of December 31st, 2022

48

Active
Listings

355

Homes Sold
Year to Date

21

Average
Days on Market

101%

List to Sales
Price Ratio

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Market Insights: December 2022

January 12, 2023

The 2022 real estate market in Stanwood and Camano Island “ended with a whimper rather than a bang”, stated Matthew Gardner, Chief Economist at Windermere Real Estate. “Overall, the housing market is going to continue falling off the ‘sugar high’ that was a function of the artificially low mortgage rates during the pandemic,” he added. […]

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Market Insights: November 2022

December 12, 2022

November 2022 in Stanwood and Camano Island was kicked off with an early seasonal holiday slowdown. This seasonal pause, combined with local weather, interest rates, economic news, and a volatile stock and crypto market made it easier for buyers and sellers to place large decisions on hold. New Listings: Camano Island had only 18 new […]

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Market Insights: October 2022

November 17, 2022

October 2022 in Stanwood and Camano Island saw buyers being able to take more time to purchase a home with less competition and time pressures than we saw just months ago. We are seeing a return to creative financing methods as tools to combat higher interest rates and bring homes to more affordable mortgage payments […]

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Market Insights | September 2022

October 18, 2022

September 2022 in Stanwood and Camano Island was like the pre-pandemic September of 2019. We cannot compare today’s housing market with the COVID stimulus market of 2020 – early 2022. Windermere’s Chief Economist, Matthew Gardner has dubbed this period “The Great Reversion”. Sales volume has dipped a little in our area, which is common for […]

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Market Insights | August 2022

September 15, 2022

. August 2022 in Stanwood and Camano Island was an August with market conditions similar to what we experienced in pre-pandemic times. Sales volume has dipped a little in our area, which is common for August, but the average sales price is continuing to hold steady. Many of the homes that are going under contract […]

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Market Insights | July 2022

August 11, 2022

. July 2022 in Stanwood and Camano Island was a time for Buyers and Sellers to recalibrate and take note of the shifting market. Expectations are changing as the market continues to normalize. Sales volume has dipped a little in our area, but prices are continuing to hold steady. Of the 68 homes sold in […]

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Market Insights | June 2022

July 13, 2022

. June 2022 in Stanwood and Camano Island showed signs of returning to a normal market. This shift is creating opportunities for some Buyers that we did not see in 2020 and 2021. Generally, there are more houses on the market, longer market times, steadying home prices, fewer showings, and open house attendees, fewer offers […]

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Market Insights | April 2022

May 13, 2022

. April 2022 in Stanwood and Camano Island ended with a combined 170% increase in inventory over April of last year. This is one of the signs that our market has downshifted from a market that was extremely hot, to a more normal market similar to what we were experiencing pre-pandemic. This increase in inventory, […]

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Market Insights | March 2022

April 14, 2022

March 2022 in Stanwood and Camano Island looked different for our two markets. Generally, Stanwood and Camano Island mirror each other in many ways, but this month ended with the stats looking a little different in each area..New Listings: Camano Island added 20% fewer listings to the market in March, while Stanwood added a much-needed […]

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Market Insights | February 2022

March 11, 2022

February 2022 in Stanwood and Camano Island ended with a much-needed increase in listings. We are feeling optimistic about the housing market as pandemic-related restrictions ease, but also some hesitancy due to the global economic uncertainty around Russia’s invasion of Ukraine. . Our inventory increased by 66 new listings in the Stanwood Camano Island market […]

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Market Insights | January 2022

February 15, 2022

JANUARY 2022 in Stanwood and Camano Island ended slower than January 2021 in sales, pending sales and new listings. The only increase was in the average sale price, $681,807 in our combined market for January. Despite the slower January, we see signs of a busy spring market ahead. . “The year started off with more of […]

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2022 Market Forecast

January 26, 2022

We were so honored to be joined by Matthew Gardener on January 21, 2022. Matthew gave insight into the 2022 housing market, giving his predictions both on the real estate industry as a whole and the future of our local market in the Stanwood Camano area. . Take a look at Matthews Slides from the […]

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Market Insights | December 2021

January 20, 2022

DECEMBER 2021 ended with severe shortages in inventory, historically low temperatures, and a blanket of snow, bringing the market to a new year slowdown. . The average sale prices in Stanwood and Camano Island rose 21% at the end of December compared to last year. The inventory levels did the opposite. There were 20% fewer listings […]

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Market Insights | November 2021

December 14, 2021

. NOVEMBER 2021 did not bring any downtime for buyers in our market! Usually, buyers tend to take a break as the holidays approach, but demand remained high last month. Our inventory is down 35% in Stanwood and 6% on Camano Island from one month ago, with only 39 active listings in our two zip […]

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Market Insights | October 2021

November 16, 2021

. OCTOBER 2021 showed signs of a seasonal slowdown in the Stanwood Camano Island market. There is historically a decline in listings as we head into the 4th quarter. This year, the work from home uncertainty from some employers, wetter weather and a very slight uptick in interest rates were probable factors for the slower listing […]

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