Merri Ann’s Real Estate Report

Posted October 29, 2014 at 5:30 am by

San Juan Island Real Estate Market Summary

Merri Ann Simonson

Merri Ann Simonson

In reviewing the year-to-date volume for 2014, the real estate market volume on San Juan Island reflects an increase of 33% for the period of January through September as compared to the same period in 2013. As for the number of transactions, the gain over the 2013 January through September was 28%. This strong increase is a good sign of recovery in our market.

Per the NWMLS as of October 15th, San Juan Island has a total of 390 listings for all property types, which includes the 34 properties under contract or 8.7%. The current inventory level is very similar to the same period last year when we had 389 listings with 30 under contract or 7.7%. The slightly higher percentage of transactions in escrow is another good sign…

Click here to read the entire report (PDF).

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