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Sequim Real Estate Market 2008 vs 2007

So the results are in for 2008 real estate sales, based on data in OLS (Olympic Listing Service), Area 300 (All of Sequim address), and while they're not great, they're not so bad either...

Here are the highlights:

For 2008, this includes sales of site built homes, off-site built homes (manufactured homes on non-leased land) and condos:

Total number of sales: 349

Average price: $294,298

Median price: $272,500

Average DOM: 128

This is a 12% decline in Average price, and an 8% decline in Median price vs 2007, and a 22% decrease in the number of transactions.

I have an Excel spreadsheet with more detail if anyone would like to see it... just send me an email and I'll send it to you.

Marti

Posted Monday Jan 05