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Sequim Homes Sales Winter 2007-2008

By
Real Estate Agent with Sequim & Port Angeles Real Estate
How many homes have sold in Sequim in the past six months (and Port Angeles), and how does that compare with previous years? Here's a chart showing single family site built homes sold in each of the last five years, starting with the most recent past six months (September through February).

Here are the numbers for each year, which are also represented at the top of each bar in the chart.
Sequim 201 201 185 191 131
Port Angeles 195 193 192 174 140

Clearly, we have a significant drop in the most recent months. Sales of single family homes in Sequim are down to 131 from 191 over the same six month period last year (Sept through Feb). And Port Angeles also has seen a similar decrease in sales from 174 to 140.

While it is easy to look at these statistics with a negative perspective, there is also a positive perspective. This is important, because some are saying things like, "Homes aren't selling. Land is not moving." Consider this: in the past six months, an average of 22 houses sold every month in Sequim, and in Port Angeles an average of 23 houses sold every month. That means for Sequim and Port Angeles, real estate is definitely selling. We had an average of 45 buyers buying homes and 45 sellers selling homes. This is important. Buyers are still moving here to buy, and sellers are still selling.

Source: Data is from the local MLS, and sales of homes below $100,000 are not included.
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Jul 22, 2012 08:47 PM
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