Posts Tagged as: Snohomish County Real Estate Market Updates

Active Snohomish County Listings Year-to-Date
Residential: 5,763
New Construction: 1,594
Condominium: 1,393
Pending Snohomish County Sales Year-to-Date
Residential: 2,730
New Construction: 864
Condominium: 723
Closed Snohomish County Listings Year-to-Date
Residential: 2,177
New Construction: 667
Condominium: 544

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Even though it looks like contractors are still buying, developing and building homes the statistics show something different.
Snohomish County lot sales have dramatically fallen in the 1st Quarter 2008 by over 80% from 4th Quarter 2007 and more than 94% from 1st Quarter 2007. 1st Quarter 2008 produced 47 total lot sales where as […]

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The report is just in and the results are astounding. Throughout Snohomish County we see many builders from the very large to the very small, the quality compared to price builders (shown by the higher Avg. $/Sq.Ft) and who offers the most Avg. Sq.Ft across their new construction homes.

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Snohomish County Market up-date (listings, pending sales and close sales) for December 2007 have just been announced.
Listings

New Dec. 07
New Dec. 06
Activity Dec. 07
Activity Dec. 06
% Change

906
966
5,468
3,636
50.39%

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Snohomish County Lot Sales 4th Quarter 2007 lot sales showed a 36% increase over 3rd quarter 2007 lot sales and could be an early indicator of a rebounding real estate market. Dispite the increase, lot sales in Snohomish County are still dramatically lower than the 1st and 2nd quarter 2007 lot sales.
Interesting enough there […]

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Washington’s real estate statistics definitely show the real estate market is having some difficulty returning to more activity.
Washington State closed sales statistics June 2007 to October 2007
- Total closed sales reduced 33%, from 10,109 6,760.
- The median closed home price also decreased 5%, from $317,500 to $299,900.
- The average closed home […]

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For the most part Snohomish County is most known for its ability to offer affordable single family housing. But as the county increases in population cities will have to make plans for the future growth. In the southern cities of Snohomish County there has been change going on for some time.

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Snohomish County has seen diminishing amount of lots sales through the first 3 quarters of 2007 and it is estimated there will be little change when 4th quarter numbers come out.

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Snohomish County’s 3rd Quarter 2007 lot sales have decreased 76% from the 2nd Quarter of 2007 and 84% since the 1st Quarters of 2007. This drop is a direct result of the current real estate atmosphere and builder fear that they will not be able to sell current inventory. Even though I believe the media […]

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The real estate market started to slowdown in the summer of 2006 and then even more so in the spring of 2007 when the sub-prime lenders crumbled. The media is reporting all of the national news and our local market in turn has people sitting on the fence waiting for prices to fall and fall. […]

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