$6,234 Closing Credit*
$525,000
2,750 SqFt
2 Beds
•1 Full Bath, 2 Partial
Debbie Macy, Listing Office: Windermere RE Anacortes Prop.
Is Shelter Bay, 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, Shelter Bay has remained a Seller's Market.
Key Takeaway
Shelter Bay is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shelter Bay, WA
How much do homes in Shelter Bay, WA cost?
Median Sold Price
$499,500
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$37,500(+8.1%)
Key Takeaway
Homes in Shelter Bay have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Shelter Bay was $499,500 in October 2024, up 8.1% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $457.5K | $463.5K | +1.3% |
| 3 Bedrooms | $456K | $479.5K | +5.2% |
| 4 Bedrooms | $495K | $572.5K | +15.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Shelter Bay housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes did not change.
Housing Supply in Shelter Bay, WA
How many homes are available in Shelter Bay, WA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Summary: The Shelter Bay real estate market had 18 homes for sale in October 2024, a 5.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 3 | -25.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Shelter Bay 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 25%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shelter Bay, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Shelter Bay in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Shelter Bay, WA
How long does it take to sell a home in Shelter Bay, WA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 66 Days | 59 Days | -11.5% |
Summary: Homes in Shelter Bay had an average of 59 days on market in Oct 2024, down by 11.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Shelter Bay has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Shelter Bay; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% 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.