This is the July 2014 Sequim real estate market report with more continuing evidence that the Sequim real estate market is improving. These statistics are encouraging.
Sequim Real Estate Market on the Upswing
Active listings were down from one year earlier. The time it took to sell a listing was dramatically less, and the average listing price was up substantially. The number of days it took in July to sell a listing was down 50% from one year ago. Sales increased by 10% year over year. These are pretty darn positive housing statistics.
Sequim Real Estate Market Slow But Sure
The Sequim real estate market is not burning hot, we do not see real estate prices leaping tall buildings here, and multiple competing offers above the listed price are quite rare. But we are a slow and steady market, stable, and with promise for consistent appreciation in the months and years ahead.
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