Waterfront home sales along the South Shore, North Shore as well Southern Puget Sound shores of Grapeview and Allyn, stayed fairly consistent with the rest of the Belfair, WA real estate market for the year 2008.
We generally see the waterfront market have a market of its own. What I mean by that is that it will usually lean towards a normal market or a sellers market but 2008 was not like that. Sellers saw the woes of a high amount of competition which is unusual in our area for waterfront homes for sale.
Buyers had many, many great choices and prices but only a few put their dollars out there as it seemed everyone fell prey to the same scared economy, bad news all around scene. It was a buyers market even in the waterfront areana.
Overall the 2008 year for waterfront home sales along the South Shore, North Shore and Southern Puget Sound shores of Allyn and Grapeview saw a total of 18 sales. All in all not bad - 2007 showed 24 sales for the same waterfront area.
The current inventory for waterfront homes for sale along the shores of the Hood Canal's North Shore and South Shore and southern Puget Sound shores of Allyn and Grapeview at a total of 34. That is still a larger than normal inventory than we generally have at peak season of spring through summer. So there are many good homes and prices to chose from.
The prices for these waterfront homes on the market did slighty decrease, but not as much as we saw non-waterfront home properties prices decrease.
Everyone is curious as to what the new year of 2009 will bring. Will buyers take their curiosity and turn it into action to take advantage of the great choices, great prices and great interest rates?
Take advantage of the many opportunities that are awaiting out there. Who knows when things will change again.
What are your plans for summertime fun this year?
If you would like more information on homes for sale along the North and South Shore of Hood Canal and southern Puget Sound shores of Allyn and Grapeview, give me a call, drop me a line, or visit my website.
I believe in building relationships for life. My Success is your Success.
Associate Broker
Windermere Peninsula Properties
If you would like more information on Belfair, Allyn and LakeLand Village homes for sale or Hood Canal and Puget Sound Waterfront Homes for Sale, drop me a line, give me a call, or stop on by. You can also check out the many choices and prices on my website!
~~Valerie~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Whether you are buying or selling a home, don't put your goals off without talking to a local real estate expert with knowledge of homes for sale on Hood Canal, Southern Puget Sound as well as LakeLand Village, Allyn, Belfair and the surrounding area.
I Build relationships for life. YOUR SUCCESS IS MY SUCCESS!
Windermere Peninsula Properties
My email: vlsallyn@windermere.com
My website: www.valspaulding.with wre.com
My blog : www.BelfairWARealEstate.com
My Direct line: 360.710.5622
Val, Timely post for waterfront property information. This weekend, because of the mild weather and sunshine brought a lot visitors to the the beach communties of our area.
Richard - There were people out driving around and the mountains were out in all their majesty as well! Quite beautiful. South Shore is looking a little thin for inventory but North Shore is fairly heavy. SHould be a great year!