Is Bow, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Bow has remained a Seller's Market.
Housing Prices in Bow, WA
How much do homes in Bow, WA cost?
Median Sold Price
$675,000
$370/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Bow was $675,000 in February 2024, down 1.5% from last year, and the median price per square foot was $370.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $429.9K | $680K | +58.2% |
2 Bedrooms | $567.5K | $600K | +5.7% |
3 Bedrooms | $669K | $675K | +0.9% |
4 Bedrooms | $764.4K | $752.5K | -1.6% |
5+ Bedrooms | $950K | $1.0M | +5.3% |
Summary: Bow housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58.2%, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
Bay View | $580K | $625K | +7.8% |
Bow | $685K | $675K | -1.5% |
Housing Supply in Bow, WA
How many homes are available in Bow, WA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
9 | 14 | +55.6% |
Summary: The Bow real estate market had 14 homes for sale in February 2024, a 55.6% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 4 | 9 | +125.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bow housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 125%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Bow in February 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Bow, WA
How long does it take to sell a home in Bow, WA?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
210 Days | 38 Days | -81.8% |
Summary: Homes in Bow had an average of 38 days on market in Feb 2024, down by 81.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 4 homes were sold in Bow; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.