Winter 2022 Real News - Real Estate Newsletter

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REAL NEWS W I N T E R

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Up Up and Away The dramatic impact of Covid is illustrated below by the sharp increases in the median price points throughout Skagit and Island Counties. The market was strong due to low-interest rates and a strong economy, souring demand, Millennials reaching the point in their life where they are purchasing homes and retirees living in their homes longer.

Median Price Per Market

2018

2019

2020

2021

% CHANGE 2021 VS 2020

SKAGIT COUNTY

$325,050

$352,000

$395,000

$465,000

+ 17.7%

Anacortes

$456,500

$459,000

$518,613

$600,000

+ 15.7%

Bow

$470,000

$460,800

$663,167

$678,000

+ 1%

Burlington

$320,000

$345,000

$380,900

$450,000

+ 18.1%

La Conner

$315,000

$349,900

$359,000

$457,500

+ 27.4%

Mount Vernon

$330,000

$360,000

$405,750

$485,000

+ 19.5%

ISLAND COUNTY

$335,000

$344,875

$385,500

$477,500

+ 23.9%

Oak Harbor

$310,000

$321,000

$359,000

$437,700

+ 21.9%

Camano Island

$370,000

$394,000

$450,000

$570,000

+ 26.7%

Source: InfoSparks

Skagit County Median Price Overview

Island County Median Price Overview

$500,000

$500,000

$400,000

$400,000

$300,000

$300,000

$200,000

$200,000

$100,000

$100,000

$0

2018

2019

2020

2021

$0

2018

2019

2020

If you would like information for your specific neighborhood or type of home, please contact us!

2021

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