We hardly ever get snow... Really! Another three inches or so fell at my house last night - it just keeps coming down! Real Estate must go on, though! So I will put down my sled and take off the apron, (snow makes me want to bake - go figure) and post some real estate stats for those who are interested.
15 single family homes have closed so far in December in Anacortes and Fidalgo Island. That is already over twice as many as November. Good news! Prices are continuing to fall, and although the snow is keeping folks out of the office and off the street, things look a bit more optimistic heading into the New Year.
There are currently 253 homes on the market in Anacortes - about 20 of them have accepted offers.
Average price of homes sold in December is $339K. Average price of active listings is $590K. Average price of pending homes is $400K.
Average days on market for pending homes is 151.
Again - I cannot overstate the buyers opportunities right now in the market. Interest rates are at historic lows, prices are more reasonable than ever and sellers are motivated. If you are a first time buyer - get to a bank this week and find out your lending options. If you are thinking of moving up, out or downsizing, getting into waterfront or waterview, now is a great time to take advantage of the low buy-ins. They won't last forever.
And for sellers - buyers are out there as evidenced by the market activity this month. Let's get it on the market, and get it sold!
Follow the seagulls and discover Anacortes at www.GoSeagull.com.