Here is a graph showing Sequim and Port Angeles monthly home sales from January 1 to July 31, 2010. This data represents homes from $200,000 to $500,000, which represents the vast majority of all homes sold.
Clearly June has been the winning month, especially for Sequim with 32 homes sold and closed. One argument for such good sales in June is that the tax credit was the big motivator, and that certainly would have been a motivator, but whether it was the main motivation is hard to say. None of my buying clients, including three of my homes that closed in June, made their decisions based on the tax credit. They were buying anyway, the low interest rates were a motivator, and June is typically one of the best selling months of the year. In addition, some of the buyers in June in Sequim and Port Angeles are retirees who sold their homes back in California, Arizona, and Nevada back in March, April, or May.
One of my clients asked how many homes have sold on Bell Hill thus far in 2010. The answer is easy. Only two homes have sold on Bell Hill from January 1 through July 31st, 2010, and one of those homes was my listing at 1763 Doe Run, which sold for $399,000. The other home that sold was a great value, tool, and it was at 632 Fox Hollow.
Last Updated on July 27, 2012 by Chuck Marunde
