Sequim lots sold for the first 5 months of 2007 compared to 2008 will tell us something about out-of-state buyers and the comparative pace of new home construction. Here’s what the first five months of 2007 looked like for lots sold in the Sequim area.

List Price
Sold Price:
DOM:
HIGH LOW AVERAGE MEDIAN LOTS
SOLD
$2,700,000
$50,000
$205,816
$134,999
$2,700,000
$44,000
$197,901
$133,500
 68
574
0
135
120


And here’s what the first 5 months of 2008 look like in Sequim lot sales.

List Price:
Sold Price:
DOM:
HIGH LOW AVERAGE MEDIAN LOTS
SOLD
$950,000
$59,900
$190,636
$139,500
$860,000
$50,000
$172,034
$135,000
 49
675
0
147
79


When you compare DOM, the number of days the lots were on the market until they sold, and the average listing and selling prices, there isn’t much of a difference this year, except in the number of total lots sold, 49 this year verses 68 the first 5 months of last year. Interesting.

Courtesy Sequim & Port Angeles Real Estate, LLC

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