Living in the San Juan IslandsOrcas Island Real Estate MarketReal Estate April 5, 2022

BEST WEEK TO LIST IN THE SAN JUANS IS HERE!

Are you thinking of selling your island home this year? If your answer is yes, or even maybe, you may want to make it a priority to start looking into listing now for several reasons.

1. THE “SWEET SPOT” FOR SELLERS

According to REALTOR.COM, the sweet spot for sellers is just around the corner. In a recent study over the past several years (excluding atypical 2020 market conditions), experts analyzing housing market trends found the best week to list your house this year is April 10-16.

“Home sellers on the fence waiting for that perfect moment to sell should start preparations, because the best time to list a home in 2022 is approaching quickly. The week of April 10-16 is expected to have the ideal balance of housing market conditions that favor home sellers, more so than any other week in the year.” – Realtor.com

 

2. GUIDE TO SAN JUAN ISLANDS LIVING

Each year Windermere Real Estate in the San Juan Islands showcases our unique and beautiful island life and some of the most beautiful properties for sale in the San Juans in the printed and online catalog known as the GUIDE TO SAN JUAN ISLANDS LIVING.

The Wally Gudgell Group, again this year, secured several pages in the publication to showcase our clients’ properties and to broaden your reach for potential buyers. We would love to include your property in our section and maximize your property’s exposure and sales price. The deadline to add your property is fast approaching. If you’d like to add your property, click the email link to email Wally at wally@windermere.com, or if you’d prefer, text or call us at (360) 507-5443.

 

3. ‘TIS THE SEASON FOR SOLD IN THE SAN JUANS

Each year Windermere Real Estate in the San Juan Islands showcases our unique and beautiful island life and some of the most beautiful properties for sale in the San Juans in the printed and online catalog known as the GUIDE TO SAN JUAN ISLANDS LIVING.

 

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This year the addition of rising interest rates, according to experts, should impact the market with a more active buyer pool looking to secure sold before rates rise further.

“. . . Buyers are rushing to lock in lower rates as the outlook is for even higher mortgage rates in the following months.” – Nadia Evangelou / Sr. Economist & Director of Forecasting at National Association of Realtors (NAR)

 

BOTTOM LINE

We continue to experience inventory shortages throughout San Juan County; by listing now, you will have less competition allowing your property to be the center of attention for an eager buyer pool craving options. Along with the benefit of less competition this spring, your home should sell quickly with our Median Days On Market (DOM) in San Juan County at a mere 23 days.

Please email, text, or call if you’d like a hard look at your property’s market position or a complimentary assessment of the Orcas Island market; we’d love to help you make your next move.

 

Cheers to Sold In 2022,

Wally, Laura & Terri / The Wally Gudgell Group

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