In this blog post, its back to statistics. July 2015 shaped up to be a great month, for buyers and sellers alike. Mickie and I were very busy closing 7 transactions which totaled over $2.2m in real estate.

Below are charts for July 2015 in:

  • Months of Housing Inventory
  • Average Days on Market
  • Under Contract & Sold Properties
  • Average & Median Home Prices
  • 90 Day Perspective Report

Months of Housing Inventory

Housing inventory still remains low with July settling at 1.8 months. Being that inventory levels are still low, sellers are seeing the benefit of that limited supply.

Snohomish County housing inventory for July 2015

Average Days on Market

Average days are market showed a slight uptick in July and would expect to see August and September to follow suit.

Snohomish County average days on market July 2015

Under Contract and Sold Properties

Sold and Under Contract units slipped slightly in June and July. July is typically the busiest month for closed home sales yet with prices increasing it may have curbed growth.

Snohomish County sold and under contract properties for July 2015

Snohomish County Average & Median Home Prices

  • Units July 2015: 1156, up 19.1% from 2014.
  • Average Price July 2015: $389,021, up 7.1% from 2014.
  • Median Price July 2015: $362,987, up 8.4% from 2014.
  • Average Days on Market: 35, down 23.9% from 2014.

NWMLS housing statistics for Snohomish County Jule 2015

90 Day Perspective Residential Report

90 Day Perspective Report for Snohomish County Real Estate

July's statistics are bit a late coming out and a bit thin on the take yet I just recieved Augusts and we'll see if there been much change through 2015's Summer.