$6,353 Closing Credit*
$535,000
1,074 SqFt
2 Beds
•1 Full Bath, 1 Partial
Kelly Ellenz, Listing Office: Coldwell Banker Bain
Is Birch Bay Village, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Birch Bay Village has remained a Seller's Market.
Key Takeaway
Birch Bay Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Birch Bay Village, WA
How much do homes in Birch Bay Village, WA cost?
Median Sold Price
$641,750
$356/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$41,750(+7.0%)
Key Takeaway
Homes in Birch Bay Village have sold for 7% more than they did a year ago.
Summary: The median home sold price in Birch Bay Village was $641,750 in October 2024, up 7% from last year, and the median price per square foot was $356.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $327.5K | $506K | +54.5% |
| 3 Bedrooms | $605K | $630K | +4.1% |
| 4 Bedrooms | $730K | $1.2M | +64.4% |
| 5+ Bedrooms | - | $1.1M | N/A |
Summary: Birch Bay Village housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 54.5%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 64.4%, and 5+ bedroom homes did not change.
Housing Supply in Birch Bay Village, WA
How many homes are available in Birch Bay Village, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 25 | +13.6% |
Summary: The Birch Bay Village real estate market had 25 homes for sale in October 2024, a 13.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 15 | 19 | +26.7% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Birch Bay Village housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 26.7%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Birch Bay Village, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Birch Bay Village in October 2024, the same as the previous month. Of the 6 sold homes, 67% were sold under asking, 17% were sold at asking, and 17% were sold over asking.
Days on Market for Birch Bay Village, WA
How long does it take to sell a home in Birch Bay Village, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 95 Days | 50 Days | -46.8% |
Summary: Homes in Birch Bay Village had an average of 50 days on market in Oct 2024, down by 46.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Birch Bay Village are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Birch Bay Village; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.