2023 Waterfront Report

Living life at the water’s edge

2023 WATERFRONT REPORT


From elegant lakefront estates to peaceful abodes on idyllic peninsulas, the Puget Sound region offers some of the most remarkable, diverse options for waterfront living in the country. These desirable properties appeal to homeowners locally and globally, and their unique characteristics, demand, and opportunities put them in a different league than the rest of the region’s listings.

We understand how important it is to take a closer look at this special subset of the market, so we’ve compiled data, analysis, and perspective on market trends over the past years, focusing on 2022’s unique circumstances—the crests and troughs—and how our waterfront markets weathered the real estate downturn after the significant shift from the previous boom, causing sellers and buyers to reevaluate their real estate goals.

Luckily, iconic PNW vistas, endless opportunities for waterfront recreation, and a lifestyle inspired by location ensure that shoreline properties will always remain in demand. RSIR global real estate advisors are experts on our waterfront markets, sailing you through your buying or selling passage with ease.

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