At the end of every year, our Broker Marla always runs the figures for the year to reflect and compare. It’s been a long year, but one that we can say is improving each day in 2012 already! Inventory is finally coming down, which will help level out supply and demand and prices seem to be starting to stabilize. The bulk of the sales last year were under the $300K range, with a decent amount selling between $300-550K. Most of the homes in the $500K range are homes that were originally on the market for $100-200K higher than sale price! Interestingly, there were only 3 homes sold between $600K and a Million! And only 5 that sold over a Million. Our market has definitely changed from few years ago! We are looking upwards and ready to see what this spring and summer holds!!
Third Annual Glass Quest in coming up February 17th-26th in Stanwood and Camano Island, sponsored by Windermere Real Estate, Klesick Family Farms, Stanwood & Camano Island Chambers of Commerce, The Crab Cracker and other local businesses. The hand blown, limited edition, glass balls by artist Mark Ellinger.
My dad and I will be hosting an Open House at 770 Maple Heights Road on Camano Island with a “clue ball” hidden somewhere on the property. The Open House will be only one day during this event, Sunday, February 19th, from 1:00-4:00pm. There are a number of open houses this day only that will also have clue balls hidden for questors to find! For more details, you can find information on these open houses at any of the three Windermere offices (Terry’s Corner office, Country Club office, or our Stanwood office).
We hope you all have a VERY Merry Christmas and a HEALTHY, Happy New Year!! We are looking forward to a fresh start in 2012, with hopefully a better economic year than we had last year! Inventory is still high, but this last quarter has proven to be the best all year with average sales around the $300K price range. Here are the latest market statistics for the month of November 2011 for Camano Island:
It’s that time of year again!! Saturday, November 12th, from 3:00-7:00pm at Camano Island Senior Center located at 606 Arrowhead Rd on Camano Island. There will be an Art Auction starting at 1:00pm-3:00pm.Local vendors/businesses participate in making chili or chowder for the public to eat and vote on who’s the BEST! Along with best decorated booth! Cost is $10 per person and there is a beer and wine bar. It’s a perfect chance to meet new people in the community, reconnect with friends, grab a bite to eat and drink… and get connected! Hope to see you there!!