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Snohomish County’s 3rd Quarter 2008 Lot Sales

So it would seem that Snohomish County’s lot sales have flat lined. In the 1st quarter there where 47 sales, 2nd quarter increased to 69 and in the 3rd quarter there where 67 sales, a decrease of 2.9%. In the current real estate climate, builders are not to anxious to purchase additional lots and it seems the purchases were made by custom builders picking up a few lots here and there.

Northcreek did boast the most sales in a single area with 19 in the Westcastle *edited: plat but unfortunately the lot sizes where not available* and the second biggest sale was in Marysville with 14 lots. Marysville continues to sell lots all across the city but the numbers are not what they used to be.

City/Area Plat Name
Sale Price
Per Lot
Sq/Ft
# Lots
Arlington Sun Peak Estates
$378,000
$189,000
43,600
2
Arlington Sun Peak Estates
$199,000
$199,000
43,600
1
Everett Mountain View S.P.
$560,000
$140,000
6,650
4
Everett Ridgewood S.P.
$877,500
$125,357
5,100
7
Everett Lily’s Court 3 LDMR
$960,000
$240,000
4,000
4
Granite Falls Ryan’s Mountain Meadows
$585,000
$195,000
49,000
3
Marysville Jacquline Ridge PH 1
$1,610,000
$115,000
6,000
14
Northcreek Silver Acres No. 6
$125,000
$125,000
16,988
1
Northcreek Westcastle
$4,180,000
$220,000
9,600
19
Northcreek Howley Short Plat
$975,000
$195,000
8,200
5
Northwest Firchau B.L.A.
$670,000
$223,000
71,476
3
Northwest R.I.C. Survey
$195,000
$195,000
108,029
1
Paine Field Gibson Cove II
$188,000
$94,000
3,225
2
Snohomish Robinett Survey
$270,000
$270,000
212,572
1
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2 Comments

  1. Posted October 7, 2008 at 9:21 am | Permalink

    Toby my mistake the Westcastle Plat averaged 9,600 sq ft per lot. We really need to see NEW HOME SALES increase in our area so these builders and lenders can feel confident about buying more lots and building more homes. John

  2. Posted October 7, 2008 at 12:10 pm | Permalink

    Thanks for the update. What is the current supply of new construction in the area? Is it still flooded with inventory?

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