Washington Horse Properties Blog

First Quarter Equestrian Home
Market Update

In the first quarter of 2024, the median sale price for an equestrian home in the Puget Sound area was $862,500 – 10% higher than it was in 2023. First Quarter Equestrian Home Market Update A 10% annual increase in equestrian home values is impressive, particularly given the fact that sales activity has been slower […]
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Fourth Quarter Equestrian Home
Market Update

The Puget Sound equestrian housing market remains sluggish, and median home prices are in flux. Fourth Quarter Equestrian Home Market Update The median sale price for an equestrian home in Pierce, King, Kitsap and Thurston counties in the fourth quarter of 2023 was $811,500 – 6% lower than it was 12 months earlier.  This drop […]
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Q2 2023 Equestrian Market Update Feature

Third Quarter Equestrian Home
Market Update

The Puget Sound equestrian housing market remains quiet, with fewer homes selling in the third quarter of this year than last.  Despite low sales activity, median home prices continue to rise. Third Quarter Equestrian Home Market Update The median sale price for an equestrian home in Pierce, King, Kitsap and Thurston counties in the third […]
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Second Quarter Equestrian Home
Market Update

After stumbling in the second half of 2022, the Puget Sound equestrian home market seems to have regained its footing. Second Quarter Equestrian Home Market Update The median sale price for an equestrian home in Pierce, King, Kitsap and Thurston counties in the second quarter of this year was $888,000 – 11% higher than it […]
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First Quarter Equestrian Home
Market Update

The equestrian home market slowed significantly in 2022 in response to increased mortgage interest rates, and we’ve seen a noticeable drop in equestrian home values in King, Kitsap and Thurston counties. First Quarter Equestrian Home Market Update Not unlike the broader Puget Sound housing market, the equestrian home market remained sluggish in the first quarter […]
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25 acre equestrian facility conveniently located between Portland and Seattle

Beautifully Sited Equestrian Facility with Mountain and River Views

This well-equipped equestrian facility offers sweeping views of the Cowlitz River valley and Mount St Helens. The property includes a four bed, two bath main house with an inground heated pool, two large barns with a total of 19 stalls, a covered round pen, indoor and outdoor areas, six paddocks, two pastures and a caretaker’s […]
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Fourth Quarter Equestrian Home
Market Update

I anticipate the equestrian housing market will remain sluggish through much of this year, but low inventory levels will likely help to protect home values. Fourth Quarter Equestrian Home Market Update Increased mortgage interest rates have definitely had a cooling effect on the equestrian home market in the past 6-9 months.  Fewer homes are selling, […]
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Third Quarter Equestrian Home
Market Update

The housing market has cooled significantly in the past six months in response to increased mortgage interest rates.  The slowdown in the equestrian home market has been tempered to some extent by an influx of buyers from California, where water shortages and wildfires are making equestrian life increasingly difficult. Third Quarter Equestrian Home Market Update […]
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Second Quarter Equestrian Home Market Update

The median sale price for an equestrian home in King County is significantly higher now than it was just 12 months ago, but price gains in Pierce, Kitsap and Thurston counties have been more modest. Second Quarter Equestrian HomeMarket Update With mortgage interest rates hovering around 6%, potential home buyers aren’t as eager to purchase […]
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First Quarter Equestrian Home Market Update

Median equestrian home prices in King, Kitsap and Thurston counties were significantly higher in the first quarter of 2022 than they were in the first quarter of 2021. First Quarter Equestrian HomeMarket Update We assumed that rising mortgage interest rates would diminish buyer demand for equestrian homes in the Puget Sound region, leading to a […]
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Secluded equestrian property on 2.8 acres of land

Secluded Equestrian Property in Kent
with Two Stall Barn and Guest Apartment

This secluded custom-built equestrian home is nicely sited on nearly three acres of land.  Features include an updated eat-in kitchen with stainless appliances, a spacious primary suite, a family room, two fireplaces and a detached two car garage with shop area and guest apartment.  Horse facilities include a two stall show barn, heated tack room, […]
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Fourth Quarter Equestrian Home Market Update

  Equestrian home prices were up in all counties in the fourth quarter of 2021 but not as much as the gains we’ve seen with more traditional housing stock.   Fourth Quarter Equestrian HomeMarket Update We saw double digit year over year price gains for equestrian properties in King and Thurston counties in the fourth […]
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Q3 2021 Equestrian Market Update

Third Quarter Equestrian Home Market Update

  We’ve noticed a definite shift in the local housing market since early July of this year.  Showing activity has dropped off, and bidding wars are less common.   Third Quarter Equestrian HomeMarket Update While it remains a seller’s market and home prices continue to rise, the intensity of the housing market has cooled.  New […]
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Equestrian Market Update Q2 2021

Second Quarter Equestrian Home Market Update

Equestrian home prices are up significantly in all counties, but it does feel like the housing market is starting to cool off. Second Quarter Equestrian Home Market Update We’ve noticed a slowdown in the local housing market in the past few weeks.  Showing activity and pending sales are down, and we’re starting to see some […]
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Demand for Horse Properties

Western Washington horse properties have been selling at a rapid pace in spite of – or likely in response to – the pandemic.  Prices are on the rise in all counties. Demand for Horse Properties The median sale price for an equestrian property in the Puget Sound region jumped by about 30% during the past […]
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37903 304th Way SE

Secluded Equestrian Property on Nearly Ten Acres in Enumclaw

This secluded equestrian property includes a charming two bed, one bath bungalow and a separate one bed, one bath guest apartment.  Horse facilities include a 48′ x 50′ barn/shop, three smaller barns with a total of nine horse stalls, a 60′ round pen, an  80′ x 140′ arena and seven pastures. Secluded Equestrian Property on […]
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First Quarter Equestrian Home Market Update

  The pace of the equestrian home market has accelerated during the pandemic, driven in large part by a desire for more space.   First Quarter Equestrian Home Market Update Horse properties are selling quickly, and prices are on the rise in all counties.  Despite the frenzied pace of the real estate market, it’s important […]
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Fourth Quarter Equestrian Home Market Update

  Equestrian home values have increased significantly throughout the Puget Sound region this year, due in large part to strong buyer demand, historically low interest rates and unbelievably low inventory levels.   Fourth Quarter Equestrian Home Market Update Median home prices are up in King County but up even more in Pierce, Kitsap and Thurston […]
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Third Quarter Equestrian Home Market Update

  The housing market seems to be one of the few bright spots in an otherwise bleak national economic picture.   Third Quarter Equestrian Home Market Update 112 equestrian properties were sold in Pierce, King, Kitsap and Thurston counties in the third quarter of 2020 – a modest 5% increase in sales activity when compared […]
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Impressive Equestrian Property Overlooking The Chehalis Valley

This impressive 15 acre equestrian property features hardwood floors, vaulted ceilings, a gourmet kitchen with granite counters and stainless appliances, a stone fireplace and glass doors to a covered view deck. Horse facilities include a newer fully insulated 36′ x 36′ show barn with a 12′ concrete aisle-way, three 12′ x 12′ rubber matted stalls, […]
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Second Quarter Equestrian Home Market Update

  COVID-19 has had an undeniable impact on the local housing market and home buyer preferences.   Second Quarter Equestrian Home Market Update Equestrian home sales activity in the Puget Sound region was about 15% lower this spring than it was in the second quarter of 2019, largely due to COVID-19.  Despite the market slowdown, […]
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Custom Built Contemporary with Equestrian Facilities in Redmond

This custom-built single story Contemporary is beautifully sited on a private five acre parcel just five miles from the heart of downtown Redmond. The covered front entry leads to a dramatic step down living room with a gas fireplace, vaulted beamed ceilings, clerestory windows and engineered hardwood floors. Custom Built Contemporary with Equestrian Facilities in […]
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First Quarter Equestrian Home Market Update

53 equestrian properties were sold in the first quarter of 2020 in Pierce, King, Kitsap and Thurston counties – a dramatic 29% increase in overall sales activity when compared to the first quarter of 2019. First Quarter Equestrian Home Market Update The median sale price for equestrian properties in the Puget Sound region continues to […]
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Impressive Equestrian Estate In Desirable Foxhall Community

This well-designed equestrian estate is sited on nearly five dry acres in Olympia. Features include an updated gourmet kitchen, great room, master suite, five stall show barn, indoor arena and direct access to riding trails. Impressive Equestrian Estate In Desirable Foxhall Community 5027 Foxhall Drive NE, Olympia, WA | 3 bedrooms | 2½ baths | […]
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17 Things to Consider When Buying or Selling a Horse Property

As a real estate broker who also happens to be an equestrian (and past board president of the Washington State Quarter Horse Association), I have a lot of experience working with clients who are buying or selling horse properties. There are all sorts of things to consider when evaluating a horse property for purchase – […]
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Fourth Quarter Equestrian Home Market Update

77 equestrian properties were sold in the fourth quarter of 2019 in Pierce, King, Kitsap and Thurston counties – a 13% DECREASE in sales activity compared to the fourth quarter of 2018.  Though total sales volume is down, new equestrian listings are still selling relatively quickly. Fourth Quarter Equestrian Home Market Update King County’s equestrian […]
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Third Quarter Equestrian Home Market Update

It’s a great time to be selling a horse property in the Puget Sound region. Median sale prices for equestrian properties in King, Pierce, Kitsap and Thurston counties are higher now than they were last year, homes are selling quickly and inventory levels are low. As always though, realistic pricing remains critical. Third Quarter Equestrian […]
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WSQHA Supports College-Bound Equestrians

WSQHA Supports College-Bound Equestrians

Horses are a big part of my life. They have been since I was a kid growing up in Kansas City. I started showing in all breed walk-trot classes with paint horses that belonged to my aunt and uncle. WSQHA Supports College-Bound Equestrians The first horse that I bought all by myself (with money I […]
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Older Posts But Still Worth A Look

Year-Over-Year Home Prices for Equestrian Properties May Be Flattening

    Equestrian home prices in the Puget Sound region seem to have hit a plateau this spring – with the possible exception of Pierce County, where values are up compared to last year.                   Pierce, Kitsap and Thurston counties are all still attractively priced compared to […]
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Is the Real Estate Market is Starting to Cool?

I’d like to begin this post with a disclaimer.  The information I’m sharing here is anecdotal in nature, and my opinions are based largely on my own personal experience as a realtor and real estate investor. I know that quite a few Realtors may disagree with me, but I’m having a distinct feeling of “déjà […]
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How to get the most money for your horse farm without spending a lot of money

As a Realtor who specializes in listing and selling horse properties in Western Washington, I’m often asked by sellers what they should do to get their horse farms ready for sale.  So… I thought I’d compile a list of recommendations – things that don’t cost much money but will maximize your sale price.   It’s important […]
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Planning and Designing the Perfect Horse Facility

This time of year it seems I constantly have requests from my equestrian clients regarding how to plan, build and or add-on to their current horse farm or property.  Obviously, if you are starting from scratch this can be a huge undertaking.  Sometimes the house is there but people want to add a barn and fencing, sometimes […]
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Secluded 40 Acre Equestrian Estate – $1,250,000

OVERVIEW This beautiful gated equestrian estate is surrounded by rolling hills and pastures. The property was originally part of the Guske Homestead, established in the late 1880s, and several historic structures still remain. The massive timber main lodge was built in 1987 and is sited to take full advantage of a magnificent Mount Rainier view. […]
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Why Winter is the Best Time to Buy Horse Property

In my opinion winter is the best time to buy horse property in Western Washington.  Believe me, I hate trudging through mud and wet pastures during the cold winter as much as the next guy, but there are so many reasons that it makes the most sense to buy this time of year that ultimately the […]
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Horse Property Values Continue to Rise

Third quarter 2015 sales data is in, and the outlook for horse properties continues to strengthen. We continue to see stronger demand and higher prices for properties, an imrprovement over third quarter of 2014.  Median sales prices are trending up and sales activity and the number of horse properties sold is still on the rise, […]
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Horse Property Values Finally on the Rise

First quarter 2015 sales data is in, and the outlook for horse properties looks very promising. As more and more people become comfortable with spending money on recreational activities again, we're seeing stronger demand and higher prices for horses and horse properties… finally!  Median sales prices are trending up and sales activity and the number […]
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Considerations When Buying or Selling Horse Property

As a Realtor who also happens to be President of the Washington State Quarter Horse Association, I'm often asked to help clients who are purchasing or selling a horse property.  Buying or selling a horse property involves a special set of considerations above and beyond those associated with a typical real estate transaction.  Below is a list of things […]
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