Sequim home sales have been improving, but I thought it might be helpful to see a visual aide on Sequim home sales that compares sales in 2014 and 2015. Enlarge the image below by clicking on it with your mouse. Below the bars you’ll see the price range. 100-200 means $100,000 to $200,000.
Sequim Home Sales
The blue bars represent Sequim home sales in 2014 (light bar) and 2015 (dark bar). The green bars represent Port Angeles home sales in 2014 (light bar) and 2015 (dark bar). The chart is easier to see if you enlarge it. This is interesting data, because it tells us a story.
Sequim Home Sales in 2014 vs. 2015
Once again the majority of homes sold were under $400,000. As you can see, the number of homes sold in the higher price ranges are small (shown above each bar). We can also see that in 2015 as in 2014, more homes sold in every price range in Sequim than in Port Angeles, except below $200,000.
Above $200,000, there were more Sequim home sales in all but one price range ($700,000 to $800,000), but that was only a difference of two homes. Overall, there were many more Sequim home sales in 2015 than in 2014, and this is good news. That’s especially visible from $200,000 to $300,000 on the chart.
Sequim home sales are especially strong from $200,000 to $500,000. We’re coming up on a presidential election, and there are patterns for the economy and the real estate market in election years. After an election like this one, the economy is likely to show signs of strength throughout 2016. It is my opinion that 2016 will show us strong Sequim home sales.
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