Looking at buying or selling a home in 2011? Here are the Snohomish County’s real estate statistics as of 11:30am 1/3/2011 – total active listings in the county are 4809.
What does it mean for Buyers?
Selection. Buyers have the benefit of large volumes of inventory in which to choose from and don’t have to settle on a property that doesn’t meet the long list of requirements. Location, construction quality, year built, lot size, inside-outside city limits, school districts, and commute times are just some of the factors making up the home buying decision. Start looking today and don’t miss the bargains.
What does it mean for Sellers?
Competition. Resale sellers are having to compete against banks and institutions that are slashing prices, new construction builders who have dramatically cut construction costs, and fire sale tactics to get their property sold. The best strategy for resale sellers is to properly and competitively price the property as not to accumulate 180 – 365 day market time.
Snohomish County Real Estate Snapshot
Arlington Real Estate Statistics
Bothell Real Estate Statistics
Everett Real Estate Statistics
Granite Falls Real Estate Statistics
Lake Stevens Real Estate Statistics
Lynnwood Real Estate Statistics
Marysville Real Estate Statistics
Mill Creek Real Estate Statistics
Monroe Real Estate Statistics
Mukilteo Real Estate Statistics
Snohomish Real Estate Statistics
Stanwood Real Estate Statistics
*Pending, Sold, Canceled, and Expired Listings range back 180 days.
It looks like it’s going to be a buyers market for just a bit…lol
All the competition is going to make it rough on agents…
Just a bit could be a slight understatement. One of great friends once told me; in a declining market is a perfect time to take market share. Some things agents can do is be proactive with their business, earn the trust and respect of the public, and be honest and open. I plan on being around for a while.