Is East Whatcom, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Whatcom has remained a Seller's Market.
Housing Prices in East Whatcom, WA
How much do homes in East Whatcom, WA cost?
Median Sold Price
$380,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Whatcom was $380,000 in April 2024, down 1.3% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $193K | $175K | -9.3% |
2 Bedrooms | $325K | $348.5K | +7.2% |
3 Bedrooms | $406.1K | $417.5K | +2.8% |
4 Bedrooms | $584K | $465K | -20.4% |
5+ Bedrooms | $473.7K | $1.1M | +132.2% |
Summary: East Whatcom housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.3%, 2 bedroom homes increased by 7.2%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes increased by 132.2%.
Median Sold Price Compared To Nearby Cities
Lyman-Hamilton | $535K | $587.4K | +9.8% |
Maple Falls | $330K | $352K | +6.7% |
East Skagit | $339.9K | $350K | +3.0% |
Deming | $530.5K | $528K | -0.5% |
East Whatcom | $385K | $380K | -1.3% |
Housing Supply in East Whatcom, WA
How many homes are available in East Whatcom, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
43 | 52 | +20.9% |
Summary: The East Whatcom real estate market had 52 homes for sale in April 2024, a 20.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 9 | 8 | -11.1% |
3 Bedrooms | 27 | 30 | +11.1% |
4 Bedrooms | 3 | 7 | +133.3% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The East Whatcom housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 13 | +30.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in East Whatcom in April 2024, up by 30.0% month-over-month. Of the 13 sold homes, 38% were sold under asking, 31% were sold at asking, and 31% were sold over asking.
Days on Market for East Whatcom, WA
How long does it take to sell a home in East Whatcom, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
59 Days | 54 Days | -8.0% |
Summary: Homes in East Whatcom had an average of 54 days on market in Apr 2024, down by 8% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 13 homes were sold in East Whatcom; 54% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.