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Homes and Land in Sunny Sequim, Washington

Homes and Land in Sunny Sequim, Washington

Sequim's No.1 Buyer's Agent Where Knowledge & Experience Count.

(360) 775-5424
Email: ChuckMarunde@gmail.com

iRealty Virtual Brokers, aka Sequim & Port Angeles Real Estate
125 Olympic Ranch Ln, Sequim, WA 98382

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Are Buyers Competing to Bid Prices Up?

Sunday, 23 May 2021 by Chuck Marunde

Are buyers competing to bid prices up above current list prices? The answer is yes, at least for the nice homes that most buyers want. I thought you might find this interactive chart interesting. Drag your mouse across the chart to see the data. It shows the sales prices of homes as a percentage of

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  • Are We At The Top Of The Real Estate Market?
  • Should I Submit a Backup Offer in this Market?
  • Sequim Real Estate Market
  • A Sequim Real Estate Market Update by Video
  • The Sequim Real Estate Market for 2019

  • Published in Sequim Real Estate Market, Sequim Real Estate Prices
Tagged under: market reports

Sequim Real Estate Market

Saturday, 22 August 2020 by Chuck Marunde

The Sequim real estate market has seen it’s toughest year yet with high demand for the best homes in the best areas at a time when the inventory is at historical lows. Here’s what has been happening in the Sequim real estate market with the latest data over the past ten years. This first graph

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  • Are We At The Top Of The Real Estate Market?
  • Chuck Marunde Shares Personal Note
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  • How Does a Buyers Agent Work?

  • Published in Buyer's Agent, Sequim Market Reports, Sequim Real Estate Market, Sequim Real Estate Prices
Tagged under: Sequim Real Estate Market

When Home Sellers Chase the Price Down

Saturday, 08 September 2018 by Chuck Marunde

What does it mean to chase the price down? For a home seller it means reducing the listing price again and again, but each time they are just behind the market trend, and instead of being on the front edge and getting their home sold, they are behind a market pull back every time they

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  • Are Buyers Competing to Bid Prices Up?
  • Sequim Real Estate Market
  • Sellability and Appreciation
  • Sequim Home Prices Compared to Other Areas
  • Fair Market Value Pushed Up by Shrinking Inventory

  • Published in Sequim Real Estate Prices
Tagged under: home prices

Sellability and Appreciation

Saturday, 28 October 2017 by Chuck Marunde

How important is sellability and appreciation in your home? Extremely important, and I’ll tell you why. Too many widows in their 80s have been left with a home they cannot sell, and it becomes a nightmare for them when they are struggling to maintain the property and pay property taxes. I’ll explain what has happened to many

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  • Are Buyers Competing to Bid Prices Up?
  • Sequim Real Estate Market
  • The Out-of-Town Real Estate Appraiser Fiasco
  • Are Zillow Zestimates Accurate?
  • When Home Sellers Chase the Price Down

  • Published in Appraisals, Sequim Real Estate Prices
Tagged under: Appreciation, home prices

Sequim Home Prices Compared to Other Areas

Monday, 14 November 2016 by Chuck Marunde

Sequim home prices are fairly reasonable compared to many areas of the country. We are probably in the middle when it comes to the price of a three bedroom, two bath home. Here are three homes in three areas of the country from the cheapest homes prices to the most expensive home prices. For $65,000,

Possibly Related Posts:

  • Are Buyers Competing to Bid Prices Up?
  • Sequim Real Estate Market
  • When Home Sellers Chase the Price Down
  • Sellability and Appreciation
  • Fair Market Value Pushed Up by Shrinking Inventory

  • Published in Sequim Real Estate Prices
Tagged under: home prices, sequim home prices

Fair Market Value Pushed Up by Shrinking Inventory

Wednesday, 24 December 2014 by Chuck Marunde

The fair market value of home prices is determined by supply and demand. That is fundamental economics. But something unique is happening to Sequim and Port Angeles real estate prices that you may want to know. When supply decreases over a period of time and demand remains steady, prices will be pushed up. That’s logical, but there’s another

Possibly Related Posts:

  • Are Buyers Competing to Bid Prices Up?
  • Sequim Real Estate Market
  • When Home Sellers Chase the Price Down
  • Sellability and Appreciation
  • Sequim Home Prices Compared to Other Areas

  • Published in Buyer's Market, Sequim Real Estate Prices
Tagged under: home prices, real estate prices

Real Estate Prices

Sunday, 02 November 2014 by Chuck Marunde

Are real estate prices in the Sequim area at or near a bottom, and if so when will real estate prices start to increase? What kind of appreciation can we expect in Sequim? These are questions that buyers have been asking me as they plan to buy their retirement homes in or around Sequim. Most buyers

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  • Are Buyers Competing to Bid Prices Up?
  • Sequim Real Estate Market
  • When Home Sellers Chase the Price Down
  • Sellability and Appreciation
  • Sequim Home Prices Compared to Other Areas

  • Published in Sequim Real Estate Prices
Tagged under: real estate prices

What Happens When a Home is Overpriced

Sunday, 30 December 2012 by Chuck Marunde

What happens when a home is overpriced?  A lot.  The implications of having a home that is substantially overpriced in the MLS can be tragic.  Here is what I have seen . . . more than once.   A home was overpriced by almost 25%.  In other words, it was listed in the MLS at

Possibly Related Posts:

  • Are Buyers Competing to Bid Prices Up?
  • Sequim Real Estate Market
  • When Home Sellers Chase the Price Down
  • Sellability and Appreciation
  • Sequim Home Prices Compared to Other Areas

  • Published in Sequim Real Estate Prices
Tagged under: home prices

Are Listings Over Priced in Port Angeles and Sequim?

Wednesday, 01 July 2009 by Chuck Marunde

Are homes for sale in Sequim and Port Angeles overpriced? This is a legitimate question. The answer is probably more accurately considered when you look at a particular home. In other words, while many homes are overpriced, many are not. Let me explain. I heard an interesting story this past weekend. A FSBO (for sale

Possibly Related Posts:

  • Are Buyers Competing to Bid Prices Up?
  • Sequim Real Estate Market
  • When Home Sellers Chase the Price Down
  • Sellability and Appreciation
  • Sequim Home Prices Compared to Other Areas

  • Published in Sequim Real Estate Prices
Tagged under: Listing Prices, MLS listings, real estate prices

Real Estate Prices

Sunday, 26 October 2008 by Chuck Marunde

It’s a buyer’s market.   There are many foreclosures flooding the market, and the inventory of listed homes and FSBO’s has reached record highs all over the country.   So have prices dropped dramatically?   In some areas of the country, the answer is yes, but in other areas, the answer is, “not by much.”

Possibly Related Posts:

  • Are Buyers Competing to Bid Prices Up?
  • Sequim Real Estate Market
  • When Home Sellers Chase the Price Down
  • Sellability and Appreciation
  • Sequim Home Prices Compared to Other Areas

  • Published in Sequim Real Estate Prices
Tagged under: real estate prices

Sequim Average Listing Price and Inventory

Saturday, 23 August 2008 by Chuck Marunde

What is the Sequim average listing price? What is the current inventory? Here’s a great graphic answering those questions. One short coming is that the Trulia database does not include the entire Olympic Listing Service database of listings, but it is still useful. You can also search the Trulia database for Sequim homes for sale.

Possibly Related Posts:

  • Are Buyers Competing to Bid Prices Up?
  • Sequim Real Estate Market
  • When Home Sellers Chase the Price Down
  • Sellability and Appreciation
  • Sequim Home Prices Compared to Other Areas

  • Published in Sequim Real Estate Prices
Tagged under: Sequim listing prices, Sequim real estate inventory

Where Have All The Buyers Gone?

Thursday, 21 August 2008 by Chuck Marunde

The inventory of Sequim homes for sale and Port Angeles homes for sale is high, higher than it has been in recent memory for most of us.   Price reductions are almost a common place event in our MLS listings.   Is reducing price enough to sell? No, it’s not.   Reducing price and offering

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  • Are Buyers Competing to Bid Prices Up?
  • Sequim Real Estate Videos Organized in an EBook
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  • Published in Sequim Real Estate, Sequim Real Estate Prices
Tagged under: sequim inventory

Is the Real Estate Market Bottom Here?

Tuesday, 19 August 2008 by Chuck Marunde

Is the Sequim real estate market now at a bottom?   This is the ultimate question.   Sequim is largely dependent upon markets in California, Arizona, Oregon, and Texas believe it or not.   Are these markets and the national market showing signs of bottoming out? If anyone needs hard evidence that the real estate

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  • Are Buyers Competing to Bid Prices Up?
  • Are We At The Top Of The Real Estate Market?
  • Should I Submit a Backup Offer in this Market?
  • Sequim Real Estate Market
  • A Sequim Real Estate Market Update by Video

  • Published in Sequim Real Estate Market, Sequim Real Estate Prices
Tagged under: prices, Sequim Real Estate

Sequim Real Estate Price Reductions

Wednesday, 06 August 2008 by Chuck Marunde

Sequim and Port Angeles real estate listings have seen some reductions in prices recently.   Realtors love to use euphemisms.   Just as a used car is a “pre-owned car,”   so a price reduction is a “price improvement!” True from the buyer’s perspective, but certainly not from the seller’s perspective. In the last three

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  • Are Buyers Competing to Bid Prices Up?
  • Sequim Real Estate Market
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  • Sellability and Appreciation
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  • Published in Sequim Real Estate Prices
Tagged under: prices, Sequim Real Estate

Sequim and Port Angeles Real Estate Price Reductions in June 2008

Saturday, 19 July 2008 by Chuck Marunde

Price reductions for real estate listings in Sequim and Port Angeles in the month of June, 2008 are revealing.   There were about 95 properties that were either sold for less than the listed price or are still listed for sale but had a price reduction.   The average price reduction in June is 91%.

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  • Sequim Real Estate Market
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  • Sellability and Appreciation
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  • Published in Sequim Real Estate Prices
Tagged under: Price Reductions, Sequim Real Estate Prices

Sequim Real Estate Prices

Saturday, 07 June 2008 by Chuck Marunde

Sequim real estate prices are reasonable but not as low as some areas of the Midwest United States. I often receive email requests or telephone requests for a stick built home with 3 bedrooms, 2 baths, and a garage under $125,000. The average price of homes sold in Sequim in the first five months of

Possibly Related Posts:

  • Are Buyers Competing to Bid Prices Up?
  • Sequim Real Estate Market
  • When Home Sellers Chase the Price Down
  • Sellability and Appreciation
  • Sequim Home Prices Compared to Other Areas

  • Published in Sequim Real Estate Prices
Tagged under: Sequim Real Estate Prices

Sequim Real Estate Sales in 2007

Wednesday, 16 January 2008 by Chuck Marunde

What did 2007 home sales look like in Sequim? Here is a graphic summary of home sales in Sequim categorized by price range. [Click on graphic to enlarge.] The majority of sales in Sequim were in the price range of $200,000 to $350,000, and there were more single family homes sold in the higher price

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  • Sequim Real Estate Market
  • When Home Sellers Chase the Price Down
  • Sellability and Appreciation
  • Sequim Home Prices Compared to Other Areas

  • Published in Sequim Real Estate Prices
Tagged under: sequim real estate sales

Sequim Real Estate Price Reductions

Thursday, 10 January 2008 by Chuck Marunde

What has been happening with real estate prices in Sequim and Port Angeles recently? During the month of December, 2007, there were 72 price reductions for residential properties. Click on the image to enlarge it for viewing. These price reductions in December represent homes only, not lots and not multi-family units. The average 12% price

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  • Are Buyers Competing to Bid Prices Up?
  • Sequim Real Estate Market
  • When Home Sellers Chase the Price Down
  • Sellability and Appreciation
  • Sequim Home Prices Compared to Other Areas

  • Published in Sequim Real Estate Prices
Tagged under: sequim real estate price

Port Angeles and Sequim Real Estate Prices

Wednesday, 05 September 2007 by Chuck Marunde

Wondering about the trend of Sequim real estate and Port Angeles real estate prices? Here is a vignette of the last three months showing the number of price reductions of listed properties in the Olympic Listing Service in four price categories. Not conclusive by any means, but instructive. Stay tuned for more valuable market stats.

Possibly Related Posts:

  • Are Buyers Competing to Bid Prices Up?
  • Sequim Real Estate Market
  • When Home Sellers Chase the Price Down
  • Sellability and Appreciation
  • Sequim Home Prices Compared to Other Areas

  • Published in Sequim Real Estate Prices
Tagged under: Sequim Real Estate Prices

Chuck E. Marunde, J.D.

Sequim Buyer's Agent
(Atty Ret.)
Founder and Broker of
Sequim & Port Angeles Real Estate dba iRealty Virtual Brokers
125 Olympic Ranch Ln,
Sequim, WA 98382
(360) 775-5424
ChuckMarunde@gmail.com

Blog Articles by Date

From Los Angeles

It's rare, but once in awhile life provides the perfect collaborator for an important endeavor such as buying your new home. For me that person was Chuck Marunde. His two decade background as a Real Estate Attorney, his prolific career as an author of articles and books on Real Estate and his forthright and moral character made choosing Chuck a no-brainer. Chuck is dedicated, thorough, incredible at the negotiating table, knowledgeable about all local laws & regs but, most importantly, Chuck loves what he does. And what he does is find his client the perfect property. Chuck isn't about making the sale, he's about making the sale that is OPTIMUM for his CLIENT and this makes Chuck a rare bird indeed. I love my new home in Sequim and I am indebted to Chuck for making it happen. Kevin E.

From Seattle

I’ve had the pleasure of working with Chuck over the past three years in selling my parent's estate. It was a tough time to sell during the housing recession, but Chuck always kept things on the positive side. With his real estate law background, he offers sound, practical advice. He helps you along with the process using discussions and reason, rather than opinions and speculations. If Chuck doesn’t know the answers, he will get them for you. In several instances, Chuck took the initiative to meet with county officials to get up-to-date facts about zoning and regulations. I was always impressed with his company’s tech savvy communi-cations and internet presence: weekly email updates, blogs, videos, links, Linked-in networking, etc. He is truly pioneering the future of buying & selling real estate. Brian M.

From California

"Andy Romano is a successful motion picture character actor with over 40 years in 'the Biz.' Mr. Romano has a home in beautiful Santa Barbara, California, but he chooses to live most of the time in Sequim, Washington on the Olympic Peninsula in the great Pacific Northwest. Why? In his own words, 'Because it's even more beautiful and surrounded by more beauty in this incredibly peaceful and quiet place. With respect to real estate agents or brokers, well my friend Chuck Marunde, owner of Sequim and Port Angeles Real Estate, is hands down the best there" Andy R.

Intro by Chuck Marunde

From Florida

We do our homework for the task at hand and we look for and expect to enlist partners that do the same. It was our good fortune to select Chuck Marunde of Sequim and Port Angeles Real Estate to represent us as a buyer's broker in our search for a home in the Sequim/Port Angeles area. Chuck's site is all encompassing and super fast compared to many others, he knows the market at every conceivable level and his guidance through the process of selecting and purchasing a home is priceless - above and beyond that of anyone with whom we have ever worked. Add to all this his 20 year background in real estate law and you have discovered a superb asset in the adventure of purchasing a home. Greg and Marilyn

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