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Connie Russell
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Anacortes Real Estate Market – May 2016

Anacortes Market Changes in May 2016:

We’ve seen a change in the Anacortes home market in May.  The “Hot Seller’s” market continues for homes in the $300-$599k range.  However increased inventory of homes between $600-$999 has made this higher price range a “Buyer’s Market”.

Still a Seller’s Market:  Homes $300-$599k:

  • Homes For Sale May 2016: 62 units
  • Up 21.6% compared to last month
  • Down 13.9% compared to last year
  • 1.8 months of inventory (Seller’s market is less than 3 months)

But a Buyer’s Market:  Homes $601-$999k:

  • Homes for Sale May 2016: 34 units
  • Up 54.5% compared to last month
  • Up 21.4% compared to last year
  • 8.5 months of inventory (Buyer’s market is more than 6 months)

Posted on June 16, 2016 at 6:58 pm by Connie Russell

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