$750,000
5.80 Acres
Land
Nicole Petersen, Listing Office: eXp Realty
Is Bow, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Bow has remained a Seller's Market.
Key Takeaway
Bow is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bow, WA
How much do homes in Bow, WA cost?
Median Sold Price
$781,000
$385/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$148,750(+23.5%)
Key Takeaway
Homes in Bow have sold for 23.5% more than they did a year ago.
Summary: The median home sold price in Bow was $781,000 in September 2024, up 23.5% from last year, and the median price per square foot was $385.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $665K | $770K | +15.8% |
| 2 Bedrooms | $600K | $615K | +2.5% |
| 3 Bedrooms | $632.2K | $835K | +32.1% |
| 4 Bedrooms | $675K | $1.2M | +88.9% |
| 5+ Bedrooms | $1.0M | $894.2K | -10.6% |
Summary: Bow housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 32.1%, 4 bedroom homes increased by 88.9%, and 5+ bedroom homes decreased by 10.6%.
Median Sold Price Compared To Nearby Cities
| Upper Samish River | $540K | $667.5K | +23.6% |
| Bow | $632.2K | $781K | +23.5% |
| Bay View | $600K | $672.5K | +12.1% |
Housing Supply in Bow, WA
How many homes are available in Bow, WA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 31 | 29 | -6.5% |
Summary: The Bow real estate market had 29 homes for sale in September 2024, a 6.5% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 1 | -66.7% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Bow housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 66.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 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
Key Takeaway
If you're buying a home in Bow, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Bow in September 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 Bow, WA
How long does it take to sell a home in Bow, WA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 10 Days | 148 Days | +1289.4% |
Summary: Homes in Bow had an average of 148 days on market in Sep 2024, up by 1289.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Bow are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During September 2024, 5 homes were sold in Bow; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% 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.