Sequim Washington Real Estate Market added 3-2-2018
The Sequim Washington real estate market is a curious but active one. Unlike some other parts of the west coast of the United States, there are some unique factors which play a role in Sequim property values and its residential real estate market dynamics. Located just outside Olympic National Forest to the northwest of Seattle, Sequim is a quiet place to live, with a small population of approximately 28,000 people. Read on to learn a little more about the Sequim real estate market.
Sequim Washington Real Estate Market
The Sequim residential real estate market continues to enjoy a solid and steady upward trajectory. This is great news for current homeowners who have seen their property values increase dramatically over the course of the last year or so. In fact, property values have gone up in Sequim by about 11,5 percent. However, what’s curious is the median list price per square foot remains only a couple of dollars higher than in the entire Port Angeles Metro area.
These facts, not to mention that distressed properties remain a substantial factor in the local Sequim real estate market. Current estimates show this trend slowing little over the course of the next few years. For instance, distressed properties, which are foreclosures and short sales, are well above the national average. But, this also represents a great opportunity for new home buyers who can also take advantage of low, affordable interest rates.
Sequim is best known for its Bay State Park, the Dungeness National Wildlife Refuge, and many outdoor recreational options. For help finding Sequim Wa Real Estate please contact us..
Advantages of Living in Sequim Washington added 2-1-2018
Located in Clallam County, Washington, Sequim is one of the best places to call home in the northwest. Situated to the northwest of Seattle, outside Olympic National Park, Sequim boasts some wonderful weather and recreational opportunities. It’s also a quiet place to live, with about 6,900 residents and approximately 28,000 living in the surrounding areas.
Advantages of Living in Sequim Washington
Right along the Dungeness River, Sequim is known for its amazing scenery and laidback way of life. There are several reasons to move to Sequim but it really comes down to the three biggest benefits the town has to offer. Here are the top three advantages to living in Sequim, Washington:
- Very affordable COLA. No, not the fizzy drink in the plastic bottle. COLA or cost of the living average is one great reason to call Sequim home. The cost of living in Sequim attracts many people from California because it’s just a lot less expensive to live here. Utilities cost less here than in other locations along the west coast. Other areas, like Seattle and Los Angeles, are substantially more expensive to live in, compared to Sequim.
- Super weather. Of course, a huge draw about the area is due to the wonderful weather. Sure, it’s a bit cooler than the average temperatures in California and Arizona. But, there are plenty of sunny days and it’s drought free.
- Outdoor freedom. Here in Sequim, the Olympic Peninsula provides all sorts of recreational opportunities. And, because there are many lakes, rivers, bays, and mountains, there is never a shortage of fun things to do.
Cost of Living in Sequim Washington 1-6-2018
The cost of living in Sequim Washington reveals an eclectic mix when compared to the national averages. Located in the northwest quadrant of the Evergreen State, Sequim boasts a small population of just over 6,000. But, it offers a whole lot of charm and it’s just a short way from the Olympic Mountains.
Cost of Living in Sequim Washington
The cost of living in Sequim Washington also shows a few interesting facts. For example, it is over index score is 114, with the national average at 100. This means somethings are slightly more expensive while others fall below the national average.
The cost of utilities in Sequim are below the national average. This means residents pay less month after month. Grocery costs are just a tad above the national cost of living index average, as is health costs and transportation. Housing likewise runs a little more. But, it’s far less than some of the larger cities on the west coast of the country.What’s more Washington State is just one of seven states in the US which does not have a state income tax. Therefore, residents of Sequim and other towns in the Evergreen State keep more of what they earn. What’s more, the cost of living in Sequim is about 6 percent lower than in the rest of the entire state.
Plus, being in such a location means being close to nature. For instance, the Dungeness National Wildlife Refuge is just to the north of Sequim. And, Sequim Bay State Park lies right to the east.For help Relocating to Sequim Wa, please contact us.