Hello all!

Interest rates are up, the Seattle area real estate market is struggling, yet the Sequim market just continues plodding along. With that said, we’ve had a recent slew of price reductions from our current inventory so the next few months should be interesting. Read more to get all the details…

A few highlights within the report: 61% of active homes on the market have lowered their asking price over the course of the listing, the Seattle metro area remains our biggest feeder market, 46% of Sequim buyers paid cash for their home, Sequim’s market has fared better than other communities.

Michael