Orcas Island Real Estate Market

Orcas Island Real Estate Market TOP 3 HOME-SELLER QUESTIONS Q&A WITH THE WALLY GUDGELL GROUP: TOP 3 HOME-SELLER QUESTIONS ANSWERED     1. HOW SHOULD I START MY JOURNEY TO SOLD? The journey to sold begins before you even pick up the phone, and in some cases, years before you sign a listing agreement or a FOR-SALE sign hung. Our recommendation to anyone considering […]
Living in the San Juan Islands WHAT HAPPENED TO THE SUPER HOT REAL ESTATE MARKET? And Why Is Orcas Island Days On Market (DOM) Up 295.8%? Some experts claim rapidly rising home prices are having a downward push on demand and, by extension, leading to the recent slowdown in sales activity. However, demand isn’t the real issue. According to the Wall Street Journal for new home construction: “Homebuilders have sold more homes […]
Orcas Island Real Estate Market Not A Typical Summer Real Estate Market Despite a Nationally Rising Housing Supply, This Is Not a Typical Summer Real Estate Market in the San Juan Islands – What Does This Mean for You? We typically see the real estate market in the San Juans ebb and flow like the Salish Sea. Our market sees far more activity with our long summer […]
Orcas Island Real Estate Market REDEFINING SAN JUAN ISLANDS’ FABULOUS Redefining the Fabulous Life and Community of the San Juans – The 2021 Windermere Real Estate Guide to San Juan Islands Living The 2021 Windermere Real Estate Showcase of the San Juan Islands is an authentic San Juan Islands Community Collaboration. Due to COVID-19 and the historic shortage of available homes for sale in the […]
Orcas Island Real Estate Market IN TODAY’S SAN JUAN ISLAND’S MARKET, LISTING PRICES ARE LIKE RESERVE PRICES IN TODAY’S SAN JUAN ISLANDS REAL ESTATE MARKET, LISTING PRICES ARE LIKE AN AUCTION’S RESERVE PRICE For generations, the process of buying and selling a home never really changed. Many homeowners in the San Juan Islands would try to estimate the market value of their house, and tack on a little extra to give themselves […]
Living in the San Juan Islands 3 THINGS TO PRIORITIZE WHEN SELLING & WHY THIS YEAR IS THE YEAR TO SELL The housing market in the San Juan Islands continues to offer unprecedented opportunities for sellers. As homebuyers flood the housing market to take advantage of record-low mortgage rates; many with a sense of urgency based on expert forecasts for a steady rise in rates and home prices for 2021 and 2022, as reported by CoreLogic’s […]
Orcas Island Real Estate Market Q1 REAL ESTATE – WESTERN WASHINGTON/SAN JUAN COUNTY WESTERN WASHINGTON REAL ESTATE Q1 – San Juan Islands Breakout Once again San Juan County led Western Washington in real estate sales volume, up 67.4% from Q1-2020. Additionally, San Juan County saw the greatest drop in average days on market (DOM); down 52 fewer days to sell homes than it did a year ago. Residential […]
Orcas Island Real Estate Market HOW FSBO (FOR SALE BY OWNER), Even in Our Sellers’ Market Could Negatively Impact Your Sellers Net Proceeds   We’ve heard it over and over this past year, we are in a historic sellers’ market due to a shortage of real estate inventory paired with voracious buyer demand, the most memorable concept from ECON101, Supply and Demand. Our feverish housing market may tempt some homeowners to try selling their house on their own […]
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