Is Mount Baker, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Baker is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Mount Baker has remained a Seller's Market.

Key Takeaway

Mount Baker is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mount Baker, WA

How much do homes in Mount Baker, WA cost?

Median Sold Price

$1,115,000

$553/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+1.4%)

Key Takeaway

Homes in Mount Baker have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Mount Baker was $1,115,000 in October 2024, up 1.4% from last year, and the median price per square foot was $553.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $710K$550K
-22.5%
2 $654.5K$699.4K
+6.9%
3 $932K$1.0M
+17.2%
4 $1.5M$1.5M
+2.0%
5+ $1.6M$1.8M
+17.2%

Summary: Mount Baker housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.5%, 2 bedroom homes increased by 6.9%, 3 bedroom homes increased by 17.2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 17.2%.

Median Sold Price Compared To Nearby Neighborhoods

York
+29.7%
Mount Baker Park
+5.6%
Mount Baker
+1.4%

Housing Supply in Mount Baker, WA

How many homes are available in Mount Baker, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3739+5.4%

Summary: The Mount Baker real estate market had 39 homes for sale in October 2024, a 5.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 68
+33.3%
3 1414
0.0%
4 1111
0.0%
5+ 55
0.0%

Summary: The Mount Baker 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 33.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
415+275.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Baker, you could pay more than the asking price. 46.7% of homes here sold above asking price last month.

Summary: A total of 15 homes were sold or pending in Mount Baker in October 2024, up by 275.0% month-over-month. Of the 15 sold homes, 20% were sold under asking, 33% were sold at asking, and 47% were sold over asking.

Days on Market for Mount Baker, WA

How long does it take to sell a home in Mount Baker, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
14 Days28 Days+97.0%

Summary: Homes in Mount Baker had an average of 28 days on market in Oct 2024, up by 97% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mount Baker are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 15 homes were sold in Mount Baker; 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Mount Baker, WA

Nearby Markets to Mount Baker, WA