How long it takes to sell a Shelter Bay home depends on many factors.  The discussions in the news about the real estate market, both nationally and about Seattle, impact us, but these reports do not represent our market.  Why?  

 Ø      By  By the time the news reports on the real estate market, it is old news.  This is a fast paced business, and stats that are 2 months old are not meaningful.  (This is why we have gone to a blog format for real estate news rather than snail mail). 

Ø      Real Estate is the most LOCAL business on earth!

 

 

  Generally speaking, home that are more expensive take longer to sell because there are fewer buyers.  However, the real factor is not price but VALUE.  The best value AS PRECEIVED BY THE BUYER is what will sell first.

 

How do you make your home the best value?  Price it right.  In this slow market you have to price under the competition slightly if you are to be a better value.  Or if you are priced the same but your Shelter Bay home is superior is terms of condition of the home, floor plan, age of the home, curb appeal, staging, etc.  Then your home will be perceived by most to be a better value.

 

You might find the following chart interesting:  (DOM is Days On Market)

 

Selling Price Range	Quantity	Average DOM
$160,000 thru $179,999	1	47
$180,000 thru $199,999	2	28
$200,000 thru $249,999	2	73
$250,000 thru $299,999	1	3
$350,000 thru $399,999	3	117
$450,000 thru $499,999	1	436
$600,000 thru $649,999	1	102
$850,000 thru $899,999	1	36
	12	98

Please look for more posts on www.AnacortesRealEstateBlog.com on statistics by price range, and also for information on Anacortes Real Estate, La Conner Real Estate and Guemes Island Real Estate. If you would like more information on the value of your home, please click here or call any one of the agents listed below.  If you would like help searching for a home, please email or call.  We can also help find a lender with a loan that is right for you!

 

  All posts on this blog may be time sensitive.  The above information has been compiled from the NWMLS.   For current information please contact your Coldwell Banker Island Living real estate agent.