$891 Closing Credit*
$75,000
700 SqFt
1 Bed
•1 Full Bath
Mark Frye, Listing Office: RE/MAX Whatcom County, 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 October 2023
Since last year, East Skagit has remained a Seller's Market.
Key Takeaway
East Skagit is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Skagit, WA
How much do homes in East Skagit, WA cost?
Median Sold Price
$375,000
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$36,150(+10.7%)
Key Takeaway
Homes in East Skagit have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in East Skagit was $375,000 in October 2024, up 10.7% from last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $162K | $150K | -7.4% |
| 2 Bedrooms | $307K | $310K | +1.0% |
| 3 Bedrooms | $357.5K | $395K | +10.5% |
| 4 Bedrooms | $395K | $518.5K | +31.3% |
| 5+ Bedrooms | - | $562.5K | N/A |
Summary: East Skagit housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 31.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| East Whatcom | $344K | $410K | +19.2% |
| Lyman-Hamilton | $542.5K | $607.6K | +12.0% |
| Concrete | $349K | $390K | +11.7% |
| East Skagit | $338.8K | $375K | +10.7% |
| Lake Cavanaugh | $754K | $800K | +6.1% |
Housing Supply in East Skagit, WA
How many homes are available in East Skagit, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 50 | +6.4% |
Summary: The East Skagit real estate market had 50 homes for sale in October 2024, a 6.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 9 | +50.0% |
| 2 Bedrooms | 15 | 13 | -13.3% |
| 3 Bedrooms | 21 | 23 | +9.5% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The East Skagit housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 9.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 12 | +71.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were 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 12 homes were sold or pending in East Skagit in October 2024, up by 71.4% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 53 Days | 151 Days | +182.9% |
Summary: Homes in East Skagit had an average of 151 days on market in Oct 2024, up by 182.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in East Skagit are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 12 homes were sold in East Skagit; 33% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 42% 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.