Is East Skagit, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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 April 2023
Summary: The median home sold price in East Skagit was $350,000 in April 2024, up 3% from last year, and the median price per square foot was $269.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $177.4K | $139.5K | -21.4% |
2 Bedrooms | $315K | $260K | -17.5% |
3 Bedrooms | $370K | $388K | +4.9% |
4 Bedrooms | $362.5K | $515K | +42.1% |
5+ Bedrooms | - | $475K | N/A |
Summary: East Skagit housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.4%, 2 bedroom homes decreased by 17.5%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 42.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Lake Cavanaugh | $719K | $799.9K | +11.3% |
Lyman-Hamilton | $535K | $587.4K | +9.8% |
Concrete | $350K | $370K | +5.7% |
East Skagit | $339.9K | $350K | +3.0% |
East Whatcom | $385K | $380K | -1.3% |
Housing Supply in East Skagit, WA
How many homes are available in East Skagit, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 40 | +37.9% |
Summary: The East Skagit real estate market had 40 homes for sale in April 2024, a 37.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 9 | +50.0% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 10 | 15 | +50.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The East Skagit housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 5 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in East Skagit in April 2024, the same as the previous month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
49 Days | 187 Days | +281.7% |
Summary: Homes in East Skagit had an average of 187 days on market in Apr 2024, up by 281.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in East Skagit; 20% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 80% of homes were sold over 90 days.