The year-end numbers were encouraging; both San Juan County and San Juan Island show increases in dollar volume and number of transactions. However, even though the volume and transaction numbers were up, the median home price is still on a downward trend for San Juan Island. This is primarily due to the median being a lagging index and in a market our size, we use a 12-month period, which further elongates the market results.
In reviewing the results for 2025, the sales dollar volume for the real estate market in San Juan County, per the Northwest Multiple Listing Service, was $352,646,070 which reflects an increase in dollar volume of 19% as compared to 2024 when the dollar volume was $295,384,321. The County closed 348 transactions, which is an 11% increase from 2024. The average number of transactions per month was 29 compared to 25 last year.
Total dollar volume on San Juan Island in 2025 was $164,054,070 as compared to $129,304,955 in 2024. The increase was 27% in dollar Volume. The Island closed 162 transactions, which is a 19% increase. The average number of transactions per month was 13.5 compared to 11 last year. I love using the word INCREASE!
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