Anna & Michelle

Anna & Michelle
Best of the Valley: Realtor/Team

Anna & Michelle

Realtor, Associate Broker, MBA, GRI, RSPS
Condo Specialist
Land Specialist
Windermere Real Estate/SV, LLC

The 24th anniversary edition of the Windermere Real Estate Market Review is out!

One of the most notable differences we saw in 2023 versus previous years took place in the luxury market, let’s call that above $2 million. Simply put, that segment of the market had its best year on record in 2023 with 104 sales versus 86 sales in 2022, or a 21% increase in sold properties year over year. The under $2 million market saw a decrease in sales volume and an increase in median sold price. While there are plenty of buyers out there, their choices have been limited by the lack of inventory.

Part of the dual market may be explained by interest rates, which have fluctuated greatly this year, starting around 6.1% and peaking in the mid-8% range. As rates go down, we anticipate seeing two phenomena: Buyers who were sitting on the sidelines deciding to jump in, creating more competition; Sellers, who were reluctant to move because they have a low rate locked in, will start selling despite the higher rate they will have.

When considering listing or buying a property, working with a Realtor is more important than ever. We are advisors, negotiators and advocates with an unwavering commitment to working in your best interest. We help clients through the intricacies of property transactions and as Realtors, provide the guidance, expertise and ethical standards that stand as a beacon of trust and professionalism in our industry.

Aside from real estate, here at Windermere, we play an active role in supporting this special community - through volunteerism, non-profit partnerships via the Windermere Foundation, and a shared civic pride in what makes the Wood River Valley an incredible place to live.

If you, or someone you know, have questions or need professional real estate advice, please don’t hesitate to call us. In the meantime, we hope you find the “Windermere Report” informative, and we look forward to working with you in 2024.

Call us!
Anna Mathieu (208) 309-1329
Michelle Sabina (503) 758-9163

Sample Mortgage Rates

For 4/17/2024

30 Year Fixed
6.75%
15 Year Fixed
6.25%
5/6 ARM
7.5%

For general informational purposes only. Actual rates available to you will depend on many factors including lender, income, credit, location, and property value. Contact a mortgage broker to find out what programs are available to you.

Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.

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