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SOLD BY TODAY’S REALTY
Residential Market Snapshot January 1, 2020 to March 1, 2020 Average Sold & Rented
HOMES SOLD 56 Single family homes sold from January 1, 2020 thru March 1, 2020 vs. the 59 homes sold in 2019.
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HOMES RENTED Year to date saw a decrease in the number of single family homes rented at 134 in 2020 and 129 in 2019.
CONDOS SOLD 32 Condominium units have been sold from January 1, 2020 thru March 1, 2020 vs. the 34 units sold in 2019.
CONDOS RENTED Year to date saw an increase in the number of condominiums, townhomes, apartments rented from 188 in 2019 to current year at 202.
Average Sale & Rental Prices HOME SALES The average year-to-date home price of $383,638 was significantly higher than the $369,820 reported during the same period in 2019. CONDO SALES The average condominium sale price of $222,641 in 2020 was higher than the $221,382 reported during the same period in 2019. The strength of the Guam real estate market continues to be residential rentals
HOME RENTALS Average single family monthly rentals so far this year decreased from $2,348 last year to current year at $2,310.
CONDO RENTALS The monthly rental rate for condominiums, townhomes, apartments decreased from $1,826 in 2019 to $1,751 for the same period in 2020 .
Average Days in the Market
HOME SALES On average, single family home sales in Guam take about 5 months to sell from date listed to date closed vs. the closings for the same period in 2019 at 6 months.
HOME RENTALS In 2020, home rentals took about 10 weeks from date listed to date closed vs. the closings for the same period in 2019 at 8 weeks.
CONDO SALES Unit sales in Guam took about 3 months to complete transactions in 2020. Compare this to the closings for the same period in 2019 at about 3 months.
CONDO RENTALS In 2020, unit rentals took about 8 weeks from date listed to date closed. Compare this to the 8 weeks for closings during the same period in 2019.
Interest rates are still very attractive with fixed rates hovering above four percent (4%). The inventory of homes on the market provides buyers with a good selection of properties to choose from. Coupled with low interest rates, itʼs a great time to buy. - Anthony Godwin, Principal Broker
Angie Camacho 671.687.0483 angie@guamhome.com
Beverly Brady 671.688.8550 beverly@guamhome.com
Carmen Mesa 671.777.6372 carmen@guamhome.com Chad Knapp 671.777.6520 chad@guamhome.com
Christine Campos 671.682.2412 christine@guamhome.com
Fumiyuki Takahara 671.488.5502 fred@guamhome.com
Hui Gallagher 671.689.4881 hui@guamhome.com
Jackie Calvo 671.687.5050 jackie@guamhome.com
Janet Calvo 671.687.1841 janet@guamhome.com
Jason Young 671.685.2059 jason@guamhome.com
Shawntel Techaira 671.483.7368 shawntel@guamhome.com
Sharmila Sahni 671.483.7125 sharmilasahni@yahoo.com
Suzanne Naputi 671.482.6426 suzanne@guamhome.com
Vicki Anderson Estes 671.687.3558 vicki@guamhome.com
Yumiko Blaisus 671.688.7791 yumiko@guamhome.com
