Camano is currently leaning toward sellers, with the market gauge at 41 out of 100. Homes are still holding solid value, with a typical home value of about $689,000 compared with $625,280 in Island County overall. Inventory sits at 81 homes, giving roughly 3.5 months of supply, which keeps some leverage in sellers’ hands even as conditions cool slightly.
Recent shifts help explain this balance. Inventory jumped about 62% month over month, and new listings reached 51, yet they are flat compared with last year, so buyers have more options but not an oversupply. Typical home values are down 11.1% year over year and 3.97% month over month, while the median list price dipped 3.05% to about $859,950, signaling some pricing adjustment as the market readjusts.
Homes are selling faster than last month, with median days on market dropping 28.57% to around 30 days, even though that’s about 66.67% slower than a year ago. About 23% of listings have had a price drop and only roughly 17% of recent sales closed above list, with an average sale-to-list ratio near 98.5%, showing buyers have room to negotiate but sellers can still achieve strong prices. With projected inventory rising to 96 and projected typical values near $674,750 next month, both buyers and sellers can benefit from working with an Agent Pronto–recommended agent to navigate timing and strategy in this changing market.
