Market Updates

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…

The end of the 3rd quarter of 2022 paints us a picture of a market that is continuing to correct on San Juan Island and in San Juan County…

As we wrap up the 2nd quarter of 2022, we reflect on our market and all the changes it has gone through over the past few years; where it is now, and where it is headed…

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…

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…

With us now in the 4th month of 2021 the market continues to be competitive for buyers resulting
in prices increasing and fast sales everywhere you look! This pressure from high demand and low
supply is expected to continue for a time in 2021…

2020 was a year full of surprises to say the least! The housing market was one of the big winners of 2020 with a record number of sales and sales volumes…