$10,000 Closing Credit*
$1,195,000
2,733 SqFt
3 Beds
•1 Full Bath, 1 Partial
Kristal Grimstead, Listing Office: COMPASS
Is Lummi Reservation, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Lummi Reservation has remained a Seller's Market.
Key Takeaway
Lummi Reservation is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lummi Reservation, WA
How much do homes in Lummi Reservation, WA cost?
Median Sold Price
$521,500
$322/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$246,000(-32.1%)
Key Takeaway
Homes in Lummi Reservation have sold for 32.1% less than they did a month ago.
Summary: The median home sold price in Lummi Reservation was $521,500 in October 2024, down 32.1% from last month, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $390K | N/A |
| 2 Bedrooms | $760K | - | N/A |
| 3 Bedrooms | $791K | $543K | -31.4% |
| 4 Bedrooms | $864K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Lummi Reservation housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 31.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Lummi Island | $700K | $1.2M | +73.6% |
| Lummi Reservation | $767.5K | $521.5K | -32.1% |
Housing Supply in Lummi Reservation, WA
How many homes are available in Lummi Reservation, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 27 | -3.6% |
Summary: The Lummi Reservation real estate market had 27 homes for sale in October 2024, a 3.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lummi Reservation 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 decreased by 22.2%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lummi Reservation, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Lummi Reservation in October 2024, the same as the previous month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.
Days on Market for Lummi Reservation, WA
How long does it take to sell a home in Lummi Reservation, WA?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 84 Days | 68 Days | -18.8% |
Summary: Homes in Lummi Reservation had an average of 68 days on market in Oct 2024, down by 18.8% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lummi Reservation has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Lummi Reservation; 17% of homes were sold within 30 days, 50% 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.