Market Insights | June 2021 - Windermere Stanwood Camano

JUNE 2021 ended with 65 active listings in the Stanwood and Camano Island market, the highest level since October when Buyers could choose from 70 properties in our zip codes. The volume of new listings added in June was 135, an increase of 9% from a year ago. This is good news for Buyers, and the trend is likely to continue into Spring of 2022.

Pending sales were up 14% compared to a year ago, with Camano Island showing a staggering increase of 24% in pending sales volume. There were 123 pending sales in our zip codes, just shy of the number of new listings added.

With the increase in inventory, June experienced a small shift, Sellers are still in control, but expectations should be adjusted. Instead of 10 offers, there may be three or fewer, and maybe only one.

SELLERS – When this happens you may feel like you are being undersold. Remember, you can’t underprice a home in this market, but you can still overprice a property. The market will find you and drive up your price to the appropriate value.

BUYERS – Scour the inventory daily, write the best offer you can using all the strategies that you are equipped and able to employ and decide if the extra cost to win the sale is an acceptable value to you.

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

We are all in, for you.

Stanwood Market Insights

Camano Island Market Insights

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