Gig Harbor Real
Waterfront best sales
months are here. Sellers should be on the market now!
By choice, buyers of low and medium-low
waterfront buy in early spring for the ability to enjoy it starting in May
or June. We are approaching March—traditionally one of the most active
months for sales. Relocation, purchases of “tear-down homes” for rebuilding,
and purchases where the primary interest is view, rather than accessibility,
provide additional sales throughout the year. Sales made in March will
likely close in April or May—45-60 days out.
March has been the #1 selling month in 4 of the
last 18 years. March has actually ranked either #1, #2, or #3 40% of that
period. Last year March was #2 in new sales. Aggregated over the years, the
best months are July, September, May, June and August in that order. Those
sales typically close 45 days later. But those months’ sales include more
second home usage, Key Peninsula and generally under $1m price tag.
[Read More of My Gig
Harbor Blog on Waterfront this month]