Market Report- Year to date, Anacortes WA

By
Real Estate Agent with RE-MAX Gateway- Residential Real Estate Sales

This Market Report for Anacortes includes January 1st to April 30th.

Since home sales are quite different for each price range, I thought I would show you what has happened up till the end of April and how the market is trending at the moment in each price category.

Charts show - Number of Sales Vs Number of Active Listings in Anacortes, WA.

Jan-April under $300K

Homes under $300K

This chart shows an increase both in sales and listings since the beginning of our Spring Selling season.

This is the most popular price range in this area as in most areas and sales tend to be fast if the price is set at market value.

Months inventory went from 6 months in January to 7 months for February and March and dropped to 5 months inventory for April. So far May is holding steady at 5 months inventory.

Sellers: Low inventory is a good sign for anyone who is thinking of Selling their home at the moment.

Buyers: There are still a nice selection of Homes for sale in Anacortes in this price range.

 

Homes from $300K to $500KJan-April $300K to $500K

The chart to the right shows steady level of sales and an increase in listings.

This price range draws a lesser number of buyers. It is a very competitive market for Sellers. On the other hand Buyers enjoy a wide range of homes to choose from

Months inventory went from 11 months in January to 6 months for February and March and sadly back up 9 months for April.

Sellers: High inventory is a sign that you need to price your home competitively to have a speedy sale.

Buyers: There are a great selection of Homes for sale in Anacortes in the $300K to $400K price range.

 

Homes from $500K to $750KJan-April $500Kto$750K

The chart to the right shows steady level of sales and an increase in listings. 

This price range draws a lesser number of buyers. It is a very competitive market for Sellers. On the other hand Buyers as you can see from the number of listings (40 in April) enjoy a wide range of homes to choose from.

Months inventory went from 17 months for February then dropped to 10 months inventory for March and April. This is a better sign for anyone who is thinking of Selling their home at the moment.

Sellers: High inventory is a sign that you need to price your home competitively to have a speedy sale.

Buyers: There are a great selection of Homes for sale in Anacortes in the $400K to $600K price range.

 

Overall Picture

Jan-April, Inventory-ListingsWe see a steady increase in Homes on the market in all price ranges. Months of inventory hovers around an average of 8 to 9 months. Not great but May shows signs of improvement.

Sellers: All signs show that you need to make sure you price your home competitively.

Want to Know What your homes is worth right now?

Buyers: With interest rates still at historic lows and inventory in all prices ranges up from the beginning of the year. NOW is the time to think about that move.
Take a look at Homes for sale in Anacortes in all price ranges.

 

 

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Authored by: Helen Prier

 

Posted by

Helen & Larry Prier

RE/MAX Gateway

Helen & Larry Prier- Brokers
360 708 4888 & 360 298 4567
Hprier1@gmail.com


If your considering Buying, Selling or Relocating to Anacortes, Oak Harbor, La Conner, Burlington, Mount Vernon, Guemes Island and nearby communities, and need a Professional Realtor, it would be our pleasure to assist you!

Be sure to visit our website www.LoveAnacortesLiving.com  for total access to all available real estate in Skagit and Island Counties.

Search the following communities: Anacortes, La Conner, Mount Vernon, Burlington, Oak Harbor, Guemes Island.

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Anacortes & surrounding Skagit & Island Counties
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