2020 Q1 Market Insider: Stanwood & Camano Island, WA

Happy Spring!

The first quarter of 2020 has flown by and we are all anxious to know how COVID-19 will impact the market and our economy. While serious buyers are still looking, many are waiting until the “Stay Home, Stay Healthy” quarantine is lifted.

This quarter, Stanwood sales are up, currently at 105 sales, compared to last year’s first quarter with 76 sales.  Camano Island has stayed consistent with last year’s 78 sales in Q1, at 77 Residential sales this year.
Last year in Q1, we saw sales up to $1,100,000 in Stanwood, and they are sales have reached prices of $1,220,000 this year. Camano’s highest sale was $1,699,900, compared to $899,000 on Camano Island last year in the first quarter.
Median prices have gone up slightly since last year around this time with a new Median price for Stanwood of $475,000, up from $428,750 and Camano with a Median price of $449,950, up from $394,500 in Q1 2019.

2020 Q1 Market Insider Report

 

Yesterday, I posted my weekly Wednesday Market Watch which illustrated sales are staying strong (below).

040120WU
April 1, 2020 Wednesday Market Watch

If you would like to keep a finger on the pulse with me for Stanwood and Camano Island’s real estate market, join me on Facebook for weekly updates here: Kenzie Kipper-Camano Island/Stanwood Real Estate Broker 425.765.4432

I hope all of you stay safe and make the most out of this unexpected time home with your loved ones.

Kenzie Kipper

 

 

 

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