RESIDENTIAL PROPERTY PENDING RATIO 44.6%

I’m sure you’ve heard of the current shortage of active inventory for the flood of buyers looking to call Orcas Island home during the Covid-19 Era. I’m also sure you’ve heard or even taken advantage of the extraordinarily low mortgage rates, which have further inspired the purchase of homes in the San Juan Islands. But how precisely do these factors impact and contribute to our seller’s market, and most importantly, how do they affect you and your home?

Could now be the time to come off the fence and take advantage of these market trends? To this question, I answer, “ABSOLUTELY YES!”  

Click the below links to review our residential, vacant land, and condo/dock slip market statistics for September, then shoot us a call to discuss how you can become another statistic this fall.

-Wally

98245 REAL ESTATE MARKET REPORT – OCTOBER 2020

RESIDENTIAL HOMES

VACANT LAND

CONDOMINIUMS & DOCK SLIPS