$10,000 Closing Credit*
$1,995,000
3,602 SqFt
3 Beds
•3 Full Baths
Gabrielle Balolia, Listing Office: RE/MAX Whatcom County, Inc.
Is Bow, 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, 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
$870,000
$436/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$203,500(+30.5%)
Key Takeaway
Homes in Bow have sold for 30.5% more than they did a year ago.
Summary: The median home sold price in Bow was $870,000 in October 2024, up 30.5% from last year, and the median price per square foot was $436.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $665K | $760K | +14.3% |
| 2 Bedrooms | $610K | $615K | +0.8% |
| 3 Bedrooms | $635K | $815K | +28.3% |
| 4 Bedrooms | $697.5K | $1.3M | +90.0% |
| 5+ Bedrooms | $845K | $1.0M | +30.0% |
Summary: Bow housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 28.3%, 4 bedroom homes increased by 90%, and 5+ bedroom homes increased by 30%.
Median Sold Price Compared To Nearby Cities
| Bow | $666.5K | $870K | +30.5% |
| Upper Samish River | $540K | $685K | +26.9% |
| Bay View | $612.5K | $692K | +13.0% |
Housing Supply in Bow, WA
How many homes are available in Bow, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 30 | +30.4% |
Summary: The Bow real estate market had 30 homes for sale in October 2024, a 30.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Bow 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 25%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Bow, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Bow in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 24 Days | +3.8% |
Summary: Homes in Bow had an average of 24 days on market in Oct 2024, up by 3.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bow are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Bow; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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.