WinninghamKing & Associates

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2023 Waterfront Report

Heed the Call of the Water

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.

There is truly nothing like a piece of shoreline to call your own. With this in mind, we are proud to share Realogics Sotheby's International Realty’s 2023 Waterfront Report to help inform the next steps on your selling or buying journey.

Click HERE to view a digital version of the report or download it below.


What’s Inside the Report

Stewards of the Shoreline

Whether enhancing your waterfront property to enjoy your beach or preparing to sell, with the luxury of waterfront living also comes incredible ecological responsibility. Learn how to become a steward of the shoreline, responsibly embracing the natural beauty of the tidelands and your wildlife neighbors.

County Overview

The 2023 Waterfront Report explores the new listings and closed sales trends across 12 counties and 18 communities. Get a 5-year seasonal view of the listing and selling trends across Washington.

Waterfront Listings in Focus

From Vashon Island, to Bainbridge Island, to spectacular shorelines farther north, take a peek at gorgeous waterfront properties that celebrate the Pacific Northwest's natural splendor.