Market Insights | November 2020

NOVEMBER 2020 statistics indicate unusually high activity as we head into the holiday season. We administered a short survey of our Brokers and realized we are working with over 200+ Buyers in the Stanwood/Camano Island area. At the time this report was published, Stanwood and Camano Island had a combined total of only 49 active residential listings.

What is most unusual about this low number of listings (or inventory), is that in Stanwood there were 30 listings added in November, the same as November 2019. On Camano Island, there were 35 listings added in November, 21% more than 2019. In other words, the same volume of homes are hitting the market, but due to the high volume of Buyers, they are selling in record time.

A message to potential Sellers: The above indicators, in addition to the fact that interest rates are at an all-time low and urban flight is happening from metropolitan areas, are all pointing to the fact that now is a great time to sell.

We continue to follow all state and CDC guidelines while showing properties to keep you, your home, and our team safe.

At Windermere, our attention to the local market, dedication to the community, and commitment to our clients are why we sell more real estate in Stanwood and Camano Island than any other company.

We are all in, for you.