Port Townsend, WA Real Estate Market

By
Real Estate Agent with John L Scott Real Estate

Activity from Buyers seems to have increased significantly, but prices have not changed much.  We are a bit behind the Seattle and Portland markets, so they should increase soon, as we are already seeing a drop in inventory.

 

 

This shows Feb. vs March 2013, and  March 2012 compared to March 2013 .  Inventory is down 23% and sales are up 22.7%, 

Market data for first quarter of 2013

 

Graph showing months of inventory

Great time to buy your "right sized" home, vacation getaway, or investment.   Interest rates are fantastic, and there are some great buys available.

 

http://www.porttownsendrealestatesearch.net/

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