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 to the third quarter of last year. Sales activity was particularly strong in Thurston County, which remains attractively priced compared to King and Pierce.
Year over year equestrian home prices are up 12-19% in Pierce, King and Thurston counties – in spite of COVID-19. Not surprisingly, buyer desire to live in suburban and rural settings has increased in response to the pandemic and is likely fueling some of the increase in equestrian home values.
Because of the unique considerations involved in buying or selling a horse property, relying on a Realtor with real world equestrian experience makes good sense. If you’re thinking about buying or selling a horse property in the Puget Sound area, please give me a call to discuss how I can put my knowledge and experience to work for you.