Is Skagit County, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Skagit County has remained a Seller's Market.
Housing Prices in Skagit County, WA
How much do homes in Skagit County, WA cost?
Median Sold Price
$549,297
$332/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Skagit County was $549,297 in March 2024, up 2.9% from last year, and the median price per square foot was $332.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $355K | $337.5K | -4.9% |
2 Bedrooms | $405.6K | $435.8K | +7.4% |
3 Bedrooms | $538.2K | $550K | +2.2% |
4 Bedrooms | $657K | $630K | -4.1% |
5+ Bedrooms | $759.5K | $762.5K | 0.4% |
Summary: Skagit County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.9%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 0.4%.
Median Sold Price Compared To Nearby Counties
Okanogan County | $340K | $365K | +7.4% |
Skagit County | $533.6K | $549.2K | +2.9% |
Whatcom County | $576.6K | $571.9K | -0.8% |
Snohomish County | $718.4K | $700K | -2.6% |
Chelan County | $554.5K | $539.9K | -2.6% |
Housing Supply in Skagit County, WA
How many homes are available in Skagit County, WA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
330 | 392 | +18.8% |
Summary: The Skagit County real estate market had 392 homes for sale in March 2024, a 18.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 12 | 0.0% |
2 Bedrooms | 74 | 82 | +10.8% |
3 Bedrooms | 160 | 202 | +26.3% |
4 Bedrooms | 66 | 78 | +18.2% |
5+ Bedrooms | 18 | 18 | 0.0% |
Summary: The Skagit County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.8%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
82 | 90 | +9.8% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
23 Homes Were Sold
Over Asking
Summary: A total of 90 homes were sold or pending in Skagit County in March 2024, up by 9.8% month-over-month. Of the 90 sold homes, 49% were sold under asking, 26% were sold at asking, and 26% were sold over asking.
Days on Market for Skagit County, WA
How long does it take to sell a home in Skagit County, WA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
56 Days | 47 Days | -15.6% |
Summary: Homes in Skagit County had an average of 47 days on market in Mar 2024, down by 15.6% compared to last year.
Breakdown of Home Sale Times
57 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Summary: During March 2024, 90 homes were sold in Skagit County; 63% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.