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Plat Sales and Inventory for March 2009

The chart below shows the market areas in Snohomish County and the number of plats with the sales over the last 12 months.

With 5,695 lots and homes to sell at an average of 118.65 sales per month we have a 48 month supply; this does not take into account the 1,123 developer held lots.

In the calendar year of 2008 we average 159 new construction closings per month as compared to 310 closings per month in 2007.

The average sale price for a new home in Snohomish County is $385,128 which is a decline of 13% from one year ago at $435,194.

Market Area
# of Dev.
Avg. Monthly Sales
Lots/Homes to Sell
Dev. Held Lots
Alderwood
18
6.26
194
37
Arlington
16
1.25
163
101
Cathcart
2
0
15
11
Everett
13
2.72
212
18
Granite Falls
8
1.49
141
88
Marysville
33
19.73
927
129
Northcreek
88
42.43
2,061
416
Northwest
14
4.11
270
39
Paine Field
28
15.84
410
48
Sky Valley
18
3.51
295
133
Snohomish & Lake Stevens
36
18.44
898
88
Southwest
11
1.95
71
15
Tulalip
3
0.92
39
0
Totals
288
118.65
5,695
1,123

This entry was posted in Snohomish County Real Estate Market Updates and tagged , . Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

3 Comments

  1. Posted April 4, 2009 at 4:04 pm | Permalink

    Thank you for your site. Your land research is some of the best available. I did find a sale in the second quarter of 2009. See 200904020167. Its two more lots in Skoglund Estates.

  2. Posted April 6, 2009 at 10:47 am | Permalink

    Hi Marcos, thanks for the wonderful compliment. I just recieved the 1st Quarter 2009 lot sales report and should have it up in the next few days.

  3. Posted April 6, 2009 at 12:10 pm | Permalink

    Marcos, I did see those 2 lots sell in Skoglund Estates and will make sure they are included in my 2nd Qtr sales report. Thanks for visiting the site and your accurate reporting. John

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