Is East Skagit, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, East Skagit was a Seller's Market.
Housing Prices in East Skagit, WA
How much do homes in East Skagit, WA cost?
Median Sold Price
$350,000
$269/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in East Skagit was $350,000 in June 2024, the same as last year, and the median price per square foot was $269.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $205K | $130K | -36.6% |
2 Bedrooms | $319.8K | $305K | -4.6% |
3 Bedrooms | $367K | $386.5K | +5.3% |
4 Bedrooms | $362.5K | $536K | +47.9% |
5+ Bedrooms | - | $475K | N/A |
Summary: East Skagit housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.6%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 47.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Lyman-Hamilton | $500K | $595.6K | +19.1% |
Concrete | $350K | $375K | +7.1% |
Lake Cavanaugh | $733.1K | $775K | +5.7% |
East Whatcom | $379K | $387K | +2.1% |
East Skagit | $349.9K | $350K | 0.0% |
Housing Supply in East Skagit, WA
How many homes are available in East Skagit, WA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
50 | 49 | -2.0% |
Summary: The East Skagit real estate market had 49 homes for sale in June 2024, a 2.0% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 12 | +20.0% |
2 Bedrooms | 18 | 14 | -22.2% |
3 Bedrooms | 20 | 20 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The East Skagit housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
10 | 7 | -30.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in East Skagit in June 2024, down by 30.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 43% were sold at asking, and 43% were sold over asking.
Days on Market for East Skagit, WA
How long does it take to sell a home in East Skagit, WA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
23 Days | 9 Days | -59.0% |
Summary: Homes in East Skagit had an average of 9 days on market in Jun 2024, down by 59% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 7 homes were sold in East Skagit; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.