Though the number of homes for sale in Skagit County has dropped to record lows, historically low interest rates continue to entice buyers and are inciting fierce competition, area realtors say.
In November, there were 129 active listings in Skagit County, down from 321 listings in November of last year â a decrease of 60% â according to data from the Northwest Multiple Listing Service (MLS).
The median closing price of a home in the county was $425,000 in November, up from $375,000 last year, according to the data.
Sara Fish, a Mount Vernon Realtor and president of the North Puget Sound Association of Realtors, said she has been working for eight months with a couple trying to buy their first home.