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market snapshot: Auburn, WA: 2011 End of the Year Reports - 01/03/12 11:34 PM
The end of the year is a good time to take a look back and see how things shaped up. After all of the negative press, residential real estate sales in Auburn improved, both for the month of December 2011, and year over year compared to 2010.
Here’s a quick look at the numbers:
Who says the economy still not improving!? Compare the numbers from 2008!
The next chart compares year end stats:
I’m jazzed! Look at that nice up-tick in closed sales!
So … what sold in Auburn in December?
Traditional sales are creeping up … (0 comments)
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market snapshot: October 2011 Home Prices Drop, Number of Sales Rise in Auburn, WA - 11/14/11 05:01 PM
A few days ago, the Seattle Times reported that when comparing home prices in King County in October 2011 to October 2010 a ”puzzling” drop of 15% occurred. Since I represent very knowledgeable clients in the south King County as well, I thought I’d better be sure I understood those numbers for myself.
I’ve had a bit of difficulty actually supporting that County-wide 15% price drop number. Based on closed residential home sales in October 2010 and in October 2011, here’s what I see: (Actually, I also took at look at September just to see how they compared – those numbers are … (5 comments)
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market snapshot: Springtime Sales in Auburn, WA - 06/15/11 08:48 PM
I'm going to loosely define "Spring" as March 1st through today, June 15th-- our 2011 period of incredible rainfall, cool weather, brief sunshine and a few rainbows thrown in around the edges. I know Summer doesn't officially start for another week or so, but I'm calling it now ...
Here's how I see it:
A total of 333 Residential transactions closed, consisting of
276 single family homes 32 condominiums 25 manufactured homes.
For Single Family Homes, the significant "averages" looked like this:
… (3 comments)
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market snapshot: Yes, New Construction IS Selling in Auburn, WA - 03/24/11 09:08 PM
Sigh. The national newspapers are shouting from the rooftops about how crappy terrible new construction is selling. Another sensationalism report blowing things totally out of proportion.
According to an Associated Press article quoted in my local Seattle Times, new home sales so far this year across the nation accounted for just 5% of all sales. Historically, they say, new home sales make up about 15% of all sales.
Around my Auburn, Washington area home, I can count at least 10 new construction developments just starting up. Maybe more than ten if I give it a bit more thought. The point is, … (2 comments)
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market snapshot: Auburn WA Area Mid-Summer Market Snapshot - 07/20/10 04:32 PM
This morning's quick Auburn Area Mid-Summer Market Snapshot shows that there's a total of 361 active residential listings, for an average price of just under $300,000, with an average days on market of 139 days.
Perhaps as expected, when comparing homes currently for sale (Active) to those under contract (Pending) to those where the sale actually closed (Sold), those homes pending or sold were considerably lower in price and were on the market for fewer days than those currently Active.
As expected, short sales and bank-owned houses continue to play a dramatic part of house sales in the areas. Year … (0 comments)
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Gabrielle Nemes
Auburn,
WA
More about me…
RE/MAX Select R.E.
Address: Office: 21629 Maple Valley Highway, Maple Valley, WA, 98038
Office Phone: (425) 432-4414
Cell Phone: (206) 300-8421
Email Me
This little blog contains my thoughts on the business of real estate, a place to showcase homes for my special clients (YOU!), and a wonderful place to hear your thoughts on ... well, whatever! Come join in, won't you?
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