Market Review | 2023

Presenting the 2023 Market Review written by our Designated Managing Broker, Jacoba Porter. Our local and national real estate markets continued their cooling trend in 2023.

Market Report | Q3 2023

Dollar Volume and Transaction Trends on San Juan Island – YTD Q3 2023, San Juan Island experienced a 13% decrease in dollar volume sold compared to the same period in 2022. The dollar volume reached $117,630,750 in 2023, down from $135,602,214 in 2022. Simultaneously, the number of transactions decreased by 9%, dropping from 137 in 2022 to 125 in 2023…

Market Report | Q2 2023

Despite the fluctuations and changes, the San Juan Island and San Juan County real estate markets continue to be sought-after destinations for buyers. The island’s natural beauty, serene surroundings, and vibrant community contribute to the long-term value of real estate properties…

Market Report | Q1 2023

To say that we, both real estate professionals and consumers alike, have been sitting on the edge of our collective seats waiting to see what type of market 2023 would bring would be an understatement…

Market Review | 2022

Looking back at the final numbers for sold dollar volume and number of real estate transactions in San Juan County, it is clear that our market was in a corrective state in the last half of 2022…

Market Report | Q3 2021

Its been an interesting 12 months for real estate to say the least- real estate has been on fire! Supply is still very low, demand is still very high. The 2021 real estate market has been an anomaly and is not predicted to continue on this path forever…

Market Report | Q2 2021

The speed of this market is unbelievable! As with many locations around the States inventory is selling very quickly and often at or above the listed price. The average days on market on San Juan Island from the first quarter of 2021, which was 220 days, to the second quarter has dropped to 136 days…

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