$7,066 Closing Credit*
$595,000
1,116 SqFt
2 Beds
•1 Full Bath
Doug M. Nesbit, Listing Office: Windermere Real Estate Whatcom
Is Bow, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Bow was a Seller's Market.
Key Takeaway
Bow is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bow, WA
How much do homes in Bow, WA cost?
Median Sold Price
$880,000
$459/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$212,000(+31.7%)
Key Takeaway
Homes in Bow have sold for 31.7% more than they did a year ago.
Summary: The median home sold price in Bow was $880,000 in November 2024, up 31.7% from last year, and the median price per square foot was $459.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $665K | $760K | +14.3% |
| 2 Bedrooms | $600K | $617.5K | +2.9% |
| 3 Bedrooms | $651.5K | $835K | +28.2% |
| 4 Bedrooms | $697.5K | $1.3M | +90.0% |
| 5+ Bedrooms | $1.0M | - | N/A |
Summary: Bow housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 28.2%, 4 bedroom homes increased by 90%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bow | $668K | $880K | +31.7% |
| Upper Samish River | $521.7K | $655K | +25.5% |
| Bay View | $623.8K | $699K | +12.0% |
Housing Supply in Bow, WA
How many homes are available in Bow, WA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 30 | 25 | -16.7% |
Summary: The Bow real estate market had 25 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 4 | 4 | 0.0% |
| 3 Bedrooms | 15 | 13 | -13.3% |
| 4 Bedrooms | 7 | 5 | -28.6% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bow housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13.3%, 4 bedroom homes decreased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bow, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Bow in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Bow, WA
How long does it take to sell a home in Bow, WA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 96 Days | 78 Days | -18.3% |
Summary: Homes in Bow had an average of 78 days on market in Nov 2024, down by 18.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bow has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Bow; 0% of homes were sold within 30 days, 67% 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.