PORT TOWNSEND — Jefferson County real estate agents say the market for homes valued at less than $150,000 is booming.
Homes priced at that level “are going quickly” Jefferson County Association of Realtors President Karen Carr said last week.
“The most significant thing is we have fewer homes on the market,” Carr said, noting the situation is driving home prices higher.
Carr said Coldwell Banker Port Townsend Realty was experiencing more transactions in the first quarter and exceeding goals over last year.
“I would just say that home prices are up across the board,” said Carr.
In the Port Townsend area, the first-quarter average price of a home was $226,182 compared with $206,683 during the same quarter last year.
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The rest of the story appears in the Sunday Peninsula Daily News Jefferson County edition. Click on SUBSCRIBE, above, to get the PDN delivered to your home or office.
