$6,293 Closing Credit*
$529,950
2,592 SqFt
3 Beds
•2 Full Baths
Jill Estes, Listing Office: John L. Scott, Inc
Is East Skagit, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, East Skagit was a Seller's Market.
Key Takeaway
East Skagit is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Skagit, WA
How much do homes in East Skagit, WA cost?
Median Sold Price
$372,500
$279/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$33,650(+9.9%)
Key Takeaway
Homes in East Skagit have sold for 9.9% more than they did a year ago.
Summary: The median home sold price in East Skagit was $372,500 in September 2024, up 9.9% from last year, and the median price per square foot was $279.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $205K | $130K | -36.6% |
| 2 Bedrooms | $299K | $310K | +3.7% |
| 3 Bedrooms | $360K | $402.5K | +11.8% |
| 4 Bedrooms | $395K | $518.5K | +31.3% |
| 5+ Bedrooms | - | $562.5K | N/A |
Summary: East Skagit housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 36.6%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lyman-Hamilton | $531.2K | $625K | +17.6% |
| East Whatcom | $350K | $406K | +16.0% |
| Lake Cavanaugh | $719K | $805K | +12.0% |
| Concrete | $350K | $390K | +11.4% |
| East Skagit | $338.8K | $372.5K | +9.9% |
Housing Supply in East Skagit, WA
How many homes are available in East Skagit, WA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 47 | 47 | 0.0% |
Summary: The East Skagit real estate market had 47 homes for sale in September 2024, the same as August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 8 | -20.0% |
| 2 Bedrooms | 17 | 14 | -17.6% |
| 3 Bedrooms | 17 | 20 | +17.6% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The East Skagit housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 17.6%, 3 bedroom homes increased by 17.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Skagit, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in East Skagit in September 2024, down by 40.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for East Skagit, WA
How long does it take to sell a home in East Skagit, WA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 106 Days | 32 Days | -69.5% |
Summary: Homes in East Skagit had an average of 32 days on market in Sep 2024, down by 69.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in East Skagit are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 6 homes were sold in East Skagit; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% 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.