Shawn McNeal Eastside Brokers is excited to bring you this Island County real estate market report for March 2019.

Buyers take advantage of our free home search tool to find properties that match your needs and be sure to sign up for alerts to be notified as soon as matching property becomes available.

Sellers interested in selling their home can take advantage of our free home valuation tool to get an idea of their homes worth.

Give us a call at Shawn McNeal ReMax Eastside Brokers to answer all your questions about listing your home.

Residential Homes

During March 2019 the average list price for residential homes was $649,283, a decrease from March 2018 of $654,961.

The highest average price for homes was in the 812 area code, which averaged $785,750, an increase from $783,636, when compared to March 2018.

The 813 area code had the lowest average price for homes during March 2019 the average price was $452,934, which was an increase from the previous year average of $422,986.

example of homes for sale811 area code had the most active listings come to market in March 2019 with 95; the 812 area code had the least number of active listings at 35.

The 813 area code has the highest number of new listings in March 2019 at 66, and the lowest number of new listings was in the 812 area code with 21.

The total number of days on the market for March 2019 averaged 106, an increase of days on the market from March 2018 of 98.

The 780 area code had the lowest number of average days on the market with 82, and the 811 area code saw the highest number of days at 134.

New Construction

During March 2019 the average price for new construction homes was $520,066, up from $389,065 during March 2018.

The 780 area code had the highest average price for new construction during March 2019 at $622,279, an increase from $461,985 during March 2018.

The 812 area code had the lowest average price for new construction at $410,000, up from $339,500 in March 2018.

new contructed homes

There were a total of 36 active new construction listings during March 2019, down from March 2018 total of 41.

The 811 area code had the newest construction listings with 5 during March 2019. The 780 area code has the most active new construction listings with 19, and the 812 area code has the least with just 2.

The average number of days on the market for new construction residential homes during March 2019 was 82 days, a shrinking of the number of days from 115 during March 2018.

The area code 811 had the lowest number of days on the market during March 2019 with 42 days, a huge decrease compared to March 2018, new construction averaged 218 days on the market during that time.

The 813 area code had the highest number of days with 101, an increase from 28 during March 2018.

Condominiums

The average price for condominiums in the Island County real estate market during March 2019 was $273,133, an increase from $260,071 during March 2018.

The area code 811 had the highest average at $335,000, a decrease from $469,333 when compared to March 2019.

The area code 813 saw the highest increase in average price, $274,743 during March 2019, compared to $202,999 in March 2018.

There were a total of 18 active condominium listings for March 2019, up from 14 when compared to March 2018.

A total of 10 new condominium listings came to market in March 2019, down from 13 in March 2018.

The average days on the market for condominiums during March 2019 in Island County is 92, this is an increase from 65 days compared to March of 2018.

Pending Sales

During March 2019 there was a total of 174 pending sales, down from 185 during March 2018.

The 813 area code had the highest number of pending sales with 68, and the 812 area had the lowest with 21 during March 2019.

The year to date average of pending sales is 431 ending March 2019, a decrease from 505 compared to this time last year.

real estate agent beside a home for sale sign

The average pending sale list price for all area codes during March 2019 was $422,719, down from $441,163 compared to March 2018.

Average days on the market for all pending sales during March 2019 was 56 days, an increase from 48 compared to this time last year.

Closed Sales

There were a total of 122 closed sales during March 2019; this is down from 131 compared to March 2018.

The year to date average of closed sales is 278, down from 371 compared to this time last year.

Average sale price including all area codes during March 2019 was $408,112, down from $415,006 in March 2018.

The 811 area code had the highest closing average price of $501,489, and the lowest average closing price was in the 813 area code with an average closing price of $356,826.

What Does This Mean For Buyers

For buyers in the Island County real estate market, they can expect a mixed bag of prices depending on the preferred area code of the buyer.

In some areas prices have stayed steady, and in some area codes prices have increased.

Buyers should be aware as the spring buying season begins, there will be more competition for homes, and they may see prices increase in all area codes.

Buyers should have their financing in place, their wants and needs list ready, and be prepared to act when they find a perfect property.

Shawn McNeal Eastside Brokers can help you find your perfect home and craft a competitive offer to get you the best home at the best price possible.

What Does This Mean For Sellers

For sellers in the Island County real estate market, they can expect to see home values and list prices increase in some areas.

The spring buying season has begun and it is important to get your home on the market as quick as possible.

Take advantage of our free home valuation tool to get an idea of your home’s worth. Then give us a call and we will answer all of your questions about the Island County real estate market.

Marketing your home correctly and creating a great first impression on buyers will get your home sold quickly.

Give us a call at Shawn McNeal Eastside Brokers today and we’ll get started on listing to your home to qualified buyers.

Island County Homes for Sale

Here are the most recent home listings just added to the database in the median price range of $649,283. Be sure to save a search and be notified when new listings are added to the database.


Island County Condominiums For Sale

Here are the most recent condominiums added to the database for Island County. All condos are priced at $273,133 or less.


Island County New Construction Homes for Sale

Here are the most recent new construction homes added to the database for Island County. All new construction homes are priced at $520,066 or less.


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Summary
Island County Real Estate Market Report - March 2019
Article Name
Island County Real Estate Market Report - March 2019
Description
The Island County real estate market is seeing residential homes increase in price compared to March 2018, total active listings have increased, and homes are selling at a slightly quicker pace.
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Publisher Name
Shawn McNeal REMAX Eastside Brokers
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