Camano Island Market Pulse
Four indicators that tell you where the Camano Island residential market is heading — sourced directly from NWMLS and refreshed monthly.
A headline number rarely tells the whole story.
Scroll down for the complete view — every chart, every data point, three full years of context. Because the difference between a good decision and a great one is almost always in the trendline beneath the number.
See all graphs & dataSource: Northwest Multiple Listing Service® via InfoSparks (ShowingTime). Residential sales, Camano Island segment. Reported figures are NWMLS data and are not guaranteed. Equal Housing Opportunity. Matthew Konsmo · Coldwell Banker Danforth.
May 2026 — Matthew’s Analysis of the Camano Island Market
In May 2026, the median sales price across Camano Island residential came in at $772,500, up 10.8% from the month prior, while the median price per square foot stood at $392. Year over year the median is up 13.3%, a signal of underlying price support in this market.
On the supply side, Camano Island saw 65 new listings come to market in May 2026, against 131 homes for sale at month end. Active inventory is up 4.0% from a year ago, giving buyers a wider field of choices than they had last year. At roughly 5.1 months of supply, that points to a relatively balanced market by the conventional rule of thumb (under three months favors sellers, over six favors buyers).
Demand stayed active: 23 pending sales and 31 closings in May 2026. The median home took about 13 days to sell — a steady, workable pace. Sellers are realizing about 98.6% of their original list price — very close to their original asking price.
Taken together, the ten indicators describe a balanced Camano Island market. Pricing has held up year over year, while inventory and pace are the levers worth watching month to month. For a buyer or seller weighing a move, the right read is rarely a single headline number — it is the direction these series are trending together, which is exactly what the full charts below lay out.
Source: Northwest Multiple Listing Service® via InfoSparks (ShowingTime). Residential sales, Camano Island segment. Analysis by Matthew Konsmo · Coldwell Banker Danforth. Figures are NWMLS data and are not guaranteed.
Camano Island Housing Market Trends & Residential Sales Data
Thinking about buying or selling a Residential home on Camano Island? This page tracks the Camano Island real estate market using live Northwest Multiple Listing Service (NWMLS) data—updated monthly with median sale prices, days on market, closed sales, and inventory levels.
Because Camano Island sits in Island County and is reached by bridge from Stanwood—no ferry required—it draws a distinct mix of full-time residents, retirees, and second-home buyers, with a housing stock weighted toward waterfront, view, and acreage properties. That makes localized data essential for understanding general market direction, since island inventory and pricing often move differently than the mainland. Whether you are timing a purchase or preparing to list, the data below provides a clear, objective look at current market conditions.
Looking for a more localized market perspective? Explore our hyper-local neighborhood guides for a micro view of specific real estate markets across the island, from Utsalady, Camano City and Tillicum Beach.
Buying or selling a condo on Camano Island? Condo Market Trends >
Why Direct Comps Reign Supreme
While median and average prices are useful for identifying broad market shifts, they are often too “macro” when you are trying to value a specific front door. To find the true market value of a Camano Island home, nothing beats a direct comparable (comp).
Contact Matthew for a Comparable Market Analysis on your home >
Direct comps account for the critical nuances that broader statistics completely ignore:
Hyper-Locality Matters
On Camano, location nuance is everything. West-side homes along Saratoga Passage capture Olympic Mountain sunsets, while the east side overlooks Port Susan and Skagit Bay toward the Cascades and Mt. Baker—two very different value profiles. No-bank, low-bank, and high-bank waterfront each price differently again, and whether a property sits in a beach community like Tillicum, Madrona, Juniper Beach, or Camano City—often with community water systems, road associations, and shared tideland access—can swing value far more than 5% to 10%. The island’s bridge access through Stanwood, with no ferry required, is its own premium. A citywide average can’t see any of this; a direct comp reflects the reality of the specific shoreline and community.
Accounting for Quality and Finishes
Broad data points can’t distinguish between builder-grade finishes and high-end custom upgrades. Whether a home features standard laminate or custom mitered-edge quartz, direct comps allow for “line-item” adjustments. Camano’s range is especially wide—from original beach cabins and seasonal cottages to fully reimagined year-round waterfront estates. Direct comps also account for the factors unique to island property: well versus community water, septic condition and capacity, bulkheads, and shoreline protection. Line-item adjustments ensure the premium investments made in a home are actually reflected in its valuation.
The “Vibe” Factor
Statistics often treat square footage as equal, but buyers don’t. A 1970s rustic A-frame cabin near Elger Bay and a 2026 modern waterfront build at Utsalady might share the exact same footprint, yet they appeal to entirely different buyer pools. Using direct comps ensures you’re comparing “apples to apples” by matching the architectural style, character, and lifestyle appeal of a property.
The Bottom Line: If you want to know what a home is worth in today’s market, look past the ZIP code averages and focus on the three or four most similar properties that have closed nearby. That’s where the real data lives. Get the facts behind your home’s value. Contact me for a personalized CMA based on your Camano Island property’s specific characteristics and current market data.