Insights From Marla
Local Thoughts on Big Ideas
Every month, Windermere Corporate publishes a snapshot of local markets. Brokers use this data to help determine listing prices, realistic offers, and tailored advice for their clients. On top of that, we like to make this information public, to help you with your real estate journey.
Despite inventory being 28% lower than it was at this time last year, there have been 182 homes sold on Camano Island in 2018 compared to 184 homes sold in the same time frame last year – only a 1% decrease. What this means is that there are a similar number of homes for sale – but they’re selling quickly!
Homes within the price range of $250,000-299,000 are extremely active. Within this price range, there is currently one home for sale, 9 homes pending and 14 sold so far this year. Again, this shows that there is a decent volume of inventory, but they’re selling fast!
For advice on how to buy a home in this seller’s market, read our blog on navigating the seller’s market.