November Newsletter

We’re officially in the middle of fall and there are only good things on the horizon! We’re finally getting plenty of cold weather and with the shorter days, we hope you’re all staying cozy and toasty in your homes. Speaking of homes, the state of the real estate market in the Puget Sound region has certainly been a hot topic lately. We’re continuing to see a correction to the out-of-the-norm market we experienced earlier this year, with homes spending significantly more time on the market than this time last year. Buyers and sellers have to contend with their own unique hurdles in this new market—high interest rates for buyers and less immediate, over-asking offers for sellers. But with the right strategies, everyone can come out a winner.

As always, we’re here to serve as your trusted advisors on your buying or selling journey. Enter the holiday season with a plan in place for your next real estate move. Connect with us today to take the first step.

Wishing you joy, good food, and quality time with loved ones!

Warmly,
Alex & Kris
Your Around the Sound Real Estate Advisors
October Recap
Camano Island remains a seller’s market with 2.3 months of supply, up 4% from this time last year. Properties spent an average of 29 days on market, which is slightly less time than last month. In October, the average sales price saw an increase of $39,000 to $783,000 from September’s $744,000.
Whidbey Island also continues to be a seller’s market with 1.8 months of supply. Homes spent more time on the market than Camano at an average of 35 days. The average sales price saw little change from last month, coming in at $593,000, just a $3,000 increase from September and down 1% from this time last year.
Latest & Greatest
RSIR Presents Q3 Market Report

The third quarter market report is here. It dives into the recent changes in our market and what they mean for both buyers and sellers alike. For a thorough breakdown of the numbers this year and expert insight into how it’s affecting your area specifically, check out the newly-released report.

How to Best Use a Home Equity Loan

A home equity loan allows you to borrow money against the value of your home, offering lower interest rates than other types of loans. With no restrictions on how you choose to spend the money received, it may seem tempting to just go for it, but there are definitely savvy ways to use the money and factors to consider before making the big decision.

Home Design
Creating the Perfect Thanksgiving Tablescape

Although the main star of the show is certainly going to be the glistening turkey and steaming rolls, a few simple touches on your table can really make a big impact. From glowing candlesticks to natural elements like small pumpkins, this article gives some great tips on how you can add something special to your design without going overboard on the budget.

Property Picks
1469 Island View Drive,
Bellingham

Experience tranquility perched above Bellingham Bay with expansive views of the San Juan Islands coupled with premium SW exposure. This spectacular PNW build offers unparalleled architectural elements of artisan stone, tall timbers, walls of windows that capture the light of the coastal landscape, and more.

5 Beds | 4.5 Baths | 6,057 Sq. Ft.
Offered at $3,689,000

3716 Leeward Lane,
Anacortes

This magnificent waterfront home and architectural masterpiece is perched above the Guemes Channel, showcasing 180-degree views of the San Juan Islands known for its shipping lanes, boat traffic, and mesmerizing marine life.

4 Beds | 2.5 Baths | 4,327 Sq. Ft.
Offered at $3,298,000

Local Happenings
Whether your next move takes you down the block or around the world, we'd love to assist you in your real estate journey.

NewsletterAlex ThomasCamano Island, Whidbey Island, Real Estate, Thanksgiving, November