Sequim, WA Foreclosures
Current Market Conditions in in Sequim, WA As of April 2026?
Over the past month, Sequim's real estate market has experienced a slight tempering compared to the peak of summer as the region moves into its fall season. The number of available listings has decreased, and fewer new properties have come onto the market. However, demand remains strong, and properties in desirable neighborhoods are still seeing competitive offers. Seasonal buyers may be taking a step back, resulting in a slight slowdown in transactions, but overall home values continue to reflect an upward trend over the year. Coupled with increased interest rates, buyers are adapting their strategies, and sellers are encouraged to price their homes competitively to attract interest.
How much do homes sell for in Sequim, WA?
The average home price is currently $573,269.
In Sequim, WA, how many homes are available?
There are currently 35 active home listings available in Sequim.
What’s the average rental cost in Sequim, WA?
The average rental price in Sequim is $1,600.
What is the most expensive home in Sequim?
The most expensive home sold in Sequim had a price of $13,398,431.
What is currently the cheapest priced home in Sequim, WA?
The cheapest home for sale in Sequim is priced at $22,027.
Living in Sequim, WA
Sequim, located in Washington state, boasts a mild climate and stunning scenery, making it a highly desirable area for living and recreation. Home to the famous Dungeness Spit and Olympic National Park, residents enjoy a variety of outdoor activities along with vibrant local arts and cultural events. The community enjoys a rich agricultural heritage, particularly known for its lavender farms and blueberry fields.
Buyer vs Seller Market in Sequim, WA
The real estate market in Sequim has seen notable growth over the past year, with a steady increase in property values due to its attractiveness as a retirement destination and a desirable area for families. Homes are selling quickly, often above asking price, reflecting increasing demand in both the single-family home market and luxury listings. The overall inventory remains low, contributing to competitive bidding and escalating prices, particularly for well-maintained properties.
As we have entered the past month, the market has shown signs of slight cooling due to seasonal changes, with fewer homes listed compared to the prior summer months. However, the overall trend remains upward, and the demand continues to outstrip supply, maintaining a strong market for sellers. Interest rates have shifted, impacting affordability for some buyers, which may lead to a more balanced approach as potential homeowners adapt to the current landscape.
Home Value Estimator For Sequim, WA
There are currently 14,858 real estate properties
in Sequim, WA,
with a median automated valuation model (AVM) price
of $523,700.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sequim, WA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Sequim, WA,
is $573,269.00, with the most expensive house
in Sequim, WA, topping out
at $13,398,431.00 and the cheapest home
in Sequim, WA,
clocking in at $22,027.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sequim, WA!
Rent Prices
In Sequim, WA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sequim, WA, is on
a rollercoaster ride. The
average rent price in Sequim, WA,
is $1,600.00. Indeed, when looking to rent in
Sequim, WA, you can expect to pay as little
as $870.00 or as much
as $3,070.00,
with the average rent median estimated to
be $1,540.00. The good news is that finding
an affordable and desirable property to rent in Sequim, WA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.