This is the Sequim real estate market report for November 2014. I love creating these real estate market reports on video. If you like them, let me know. Videos are easy to watch, and these are short and to the point.
Real Estate Market
The Sequim real estate market is doing okay for the middle of winter, although some stats are down from last year at this time. Active listings were up 1% from one year earlier and down 11% from last month. The median listing price was $307,000 compared to $292,000 last year. The average days on market before being sold was up 8% from last year. The number of homes sold decreased 30% year over year and decreased 30% month over month.
The Seasonal Real Estate Market
The winter season does slow down a little, but in this real estate market report we compare November of this year to November of last year, so we are doing an apples vs. apples comparison.
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