May-June Market Update



We are still in a sellers market. The median house price in May of 2019 was $380,000. One year later, in May of 2020, the median house price is $405,000. In May of 2020, we had almost 100 fewer new listings than we did in May 2019. With so many buyers and not enough homes on the market, you can expect to get multiple offers on your home and even get it under contract and sold over your list price. With today’s current COVID situation, we are finding that the buyers are serious, ready to buy now buyers. If you would like to discuss the market value, or what you can do to get top dollar for your home, call today for an in person or virtual appointment with Blanca Hanson. 360-632-2040


Christina and Mandy discuss the current market in both Skagit and Island counties, as well as feedback they have been receiving from their buyer clients. Purchasing a home in a strong sellers market can often feel like it is two steps forward, one step back. With the help of the right real estate team on your side, and the knowledge of the Northwest MLS, you too can find your dreamhome!


With such low inventory, it is important for a buyer to be ready to put in an offer when a home they love pops on the market. The first step is to be pre-approved with a lender. We can provide you with a list of local lenders that are wonderful to work with. If you are a first-time homebuyer, we will explain the process to you and answer all your questions. As your agents, we are here to assist you every step of the way.


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