The 2016 Waterfront Summer Report Has Arrived!
I am pleased to share the newest edition of the Realogics Sotheby’s International Realty Waterfront Report, containing information on home values, sales trends, and market activity throughoutwaterfront locations in the Puget Sound region. This updated report includes data for the first six months of 2016, from January 1-June 30, and compares that data to the same time frame from 2015 and 2014. Overall, we are seeing a higher average sales price and decreased days on market driven by rising competition for available homes in an environment of lower inventory as sellers wait to see how high their home values might rise. As a company that specializes in waterfront property, we seek to aid you with your future home buying and selling by being a consistent and reliable resource for this desirable lifestyle.