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 price also decreased 2.5%, from $371,055 to $361,426.
But it is not all doom and gloom in the Washington State real estate market.
– Pending sales volume increased from September to October by 6%.
– Total inventory decreased 2.3%, from 67,192 to 65,650.
Snohomish County closed sales statistics September 2007 to October 2007
– Total closed sales reduced 13%, from 794 to 692.
– The median closed home price increased 1.7%, from $368,000 to $374, 334.
– The average closed home priced barely registered an increase .3%, from $412,590 to $413,845.
– Average time on market increased 6.8%, from 73 to 78 days on market.
*could not retrieve Washington State’s September 2007 statistics from the NWMLS.
2 Comments
This is a great blog/site about an area of the country that I just love!
Thank you Katerina. I love this area, some people cannot understand why, with its scenery, diversity in terrain and the abundance of outdoor activities. I could not imagine living anywhere else.