Is Bow, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Bow was a Seller's Market.
Housing Prices in Bow, WA
How much do homes in Bow, WA cost?
Median Sold Price
$690,000
$380/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Bow was $690,000 in May 2024, up 2.2% from last year, and the median price per square foot was $380.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $482.4K | $695K | +44.1% |
2 Bedrooms | $675K | $600K | -11.1% |
3 Bedrooms | $651.5K | $692K | +6.2% |
4 Bedrooms | $769K | $1.0M | +33.9% |
5+ Bedrooms | $950K | $1.0M | +5.3% |
Summary: Bow housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 44.1%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 6.2%, 4 bedroom homes increased by 33.9%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
Bay View | $590K | $653.2K | +10.7% |
Upper Samish River | $575K | $632.5K | +10.0% |
Bow | $675K | $690K | +2.2% |
Housing Supply in Bow, WA
How many homes are available in Bow, WA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 19 | +18.8% |
Summary: The Bow real estate market had 19 homes for sale in May 2024, a 18.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 8 | 11 | +37.5% |
4 Bedrooms | 6 | 4 | -33.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Bow housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 37.5%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Bow in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Bow, WA
How long does it take to sell a home in Bow, WA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
43 Days | 5 Days | -87.0% |
Summary: Homes in Bow had an average of 5 days on market in May 2024, down by 87% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Bow; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.