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Snohomish County Lot Sales 4th Quarter 2009

By Toby Barnett | Published: February 15, 2010

The lot sales in the 4th quarter of 2009 Snohomish County has increased by 36% over 3rd Quarter 2009, a significant gain since it’s not typical for banks to be lending to builders. More impressively, the prices on vacant land have decreased an astounding 66% from the beginning 2006 to the end of 2009.

Lot Sale Increase

The increase in sale volume has surged due to the high availability of vacant lots and limited number willing and able buyers. National building chains have seized the opportunity to purchase large volumes of lots for cheap. DR Horton purchased 38% of Snohomish County’s total lots with their single largest plat having 27 individual lots — Camden Meadows.

Decrease in Sale Price>

In the 1st Quarter of 2006 individual lots in Marysville were selling from $130,000 to $190,000. These were approximately 6,000 sq/ft lots. Now that same lot is priced from $44,550 to $60,000. In a perfect world, builders would lower the offering prices of their homes while keeping construction quality the same. New construction homes are being priced lower but have not retained the same interior quality — granite countertops, luxury carpet … etc.

Snohomish County Lot Sale 4th Quarter 2009

City/Area
Plat Name
Sales Price
Per Lot
Sq/Ft
# Lots
Arlington
Sun Peak Estates
$155,000
$155,000
45,073
1
Arlington
Kackman Vista
$132,000
$132,000
45,303
1
Arlington
Sisco Heights
$371,875
$74,375
45,560
5
Lake Stevens
Avery Park II
$1,552,500
$67,500
4,300
23
Marysville
Sunnyside Estates
$450,000
$50,000
6,500
9
Marysville
Andrews Lane
$840,000
$60,000
6,000
14
Marysville
Sienna
$712,800
$44,550
6,000
16
Northcreek
Foxfire Trails
$3,910,000
$115,000
5,000
34
Northcreek
Camdem Meadows
$2,565,000
$95,000
4,300
27
Northcreek
Carriage Park
$1,050,000
$105,000
5,000
10
Northcreek
Merlot Garden
$1,050,000
$50,000
3,180
21
Northcreek
Mill Terrace
$472,500
$67,500
4,350
7
Northcreek
Old Hurtig Place
$250,000
$125,000
5,700
2
Northcreek
Silver Pines
$2,670,000
$56,808
2,500
47
Northcreek
DDD, LLC Short Plat
$190,00
$95,000
6,500
2
Northcreek
West Castle
$427,000
$213,000
9,600
2
Northwest
Blacktail Forest
$230,000
$115,000
43,560
2
Northwest
Alder Grove Estates
$137,000
$137,000
30,968
1
Sultan
Skoglund Estates
$800,000
$80,000
6,000
10

Related posts:

  1. Snohomish County Lot Sales 3rd Quarter 2007
  2. Snohomish County’s 3rd Quarter 2008 Lot Sales
  3. Snohomish County Lot Sales 4th Quarter 2007
  4. Snohomish County Lot Sales for the 3rd Quarter of 2009
  5. Snohomish County Lot Sales 1st Quarter 2008
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