Is Skagit County, 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, 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
$550,000
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Skagit County was $550,000 in April 2024, up 4.5% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $350K | $337.5K | -3.6% |
2 Bedrooms | $408.1K | $435K | +6.6% |
3 Bedrooms | $535.6K | $550K | +2.7% |
4 Bedrooms | $650K | $650K | 0.0% |
5+ Bedrooms | $759.5K | $700K | -7.8% |
Summary: Skagit County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.6%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 7.8%.
Median Sold Price Compared To Nearby Counties
Okanogan County | $338.5K | $360.6K | +6.5% |
Skagit County | $526.4K | $550K | +4.5% |
Whatcom County | $575.3K | $574.7K | -0.1% |
Snohomish County | $704.2K | $702.4K | -0.3% |
Chelan County | $551.5K | $540.5K | -2.0% |
Housing Supply in Skagit County, WA
How many homes are available in Skagit County, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
386 | 465 | +20.5% |
Summary: The Skagit County real estate market had 465 homes for sale in April 2024, a 20.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 11 | +22.2% |
2 Bedrooms | 83 | 113 | +36.1% |
3 Bedrooms | 199 | 232 | +16.6% |
4 Bedrooms | 77 | 86 | +11.7% |
5+ Bedrooms | 18 | 23 | +27.8% |
Summary: The Skagit County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 22.2%, 2 bedroom homes increased by 36.1%, 3 bedroom homes increased by 16.6%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes increased by 27.8%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
98 | 104 | +6.1% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
30 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Summary: A total of 104 homes were sold or pending in Skagit County in April 2024, up by 6.1% month-over-month. Of the 104 sold homes, 42% were sold under asking, 29% were sold at asking, and 29% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 44 Days | +4.9% |
Summary: Homes in Skagit County had an average of 44 days on market in Apr 2024, up by 4.9% compared to last year.
Breakdown of Home Sale Times
76 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Summary: During April 2024, 104 homes were sold in Skagit County; 73% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.