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2022 Q2 Market Insider: Stanwood & Camano Island, WA

2022 Q2 Market Insider Report

In the 2nd quarter of 2022, there were a total of 137 residential sales in Stanwood, WA (up from 89 in Q1, up from 131 sales in Q1 2021, and up from 113 in Q2 2021) and 109 total sales in Camano Island, WA (up from 68 in Q1, and up from 122 in Q2 2021).

Stanwood, WA home sales ranged from $510,000 (up from $361,000 in Q1 2022, up from $214,000 in Q1 2021) to $1,013,500 (down from $1,425,000 in Q1 2022, down from $1,213,000 in Q1 2021) with a median price point of $650,000 (up from $610,000 in Q1 2022, up from $525,685 in Q1 2021).

Camano Island, WA home sales ranged from $370,000 (down from $345,000 in Q1 2022, up from $220,000 in Q1 2021) to $1,900.000 (up from $1,870,000 in Q1 2022, up from $1,400,000 in Q1 2021) with a median price of $661,000 (down from $705,000 in Q1 2022, up from $527,000 from Q1 2021).

While many buyers are currently wrapping their minds around the most recent interest rate hike, now is a great time to buy and avoid the heightened demand and competition experienced only months ago!

Contact Managing Broker, Kenzie Kipper at Kelly Right RE of Seattle to strategize your next move at (425) 765-4432 or kenzie@kenzierealty.com .

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