Monday, January 05, 2009

Sequim Real Estate Market 2007 vs 2008

So the results are in for 2008 real estate sales... and while the numbers aren't great, they're not so bad either, considering the overall real estate market in the country.

Here are the highlights:

For 2008, all of Sequim, for Site built homes, Off site built (manufactured homes on non-leased land) and Condos:

Total number of sales: 349
Average price: $294,298
Median price: $272,500
Average DOM (Days on Market): 128

This is a 12% decline in Average price, and an 8% decline in Median price vs 2007, and a 22% decline in volume.

I have a fascinating Excel spreadsheet that I'm trying to figure out how to link to this blog, and I'll get it on as soon as I figure it out. Or send me an email and I can send it to you.

Marti

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