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Real Estate Sales and Market Report for Mason County, Wa

By
Real Estate Broker/Owner with Richard Bell - Windermere Peninsula Properties

 

Real Estate Sales and Market report for Mason County, Washington for the period of Nov. 16 through Nov. 30, 2009 reports 62 Total Closed Sales in the amount of $10,614,743 a terrific improvement from the 32 closed sales reported for the first two weeks of November.

 

Area A, (Shelton, Arcadia, Kamilche) recorded sales counts of 21closed sales totaling $3,372,329. Area B, (Hartstene/Agate area) placed 10 sales on the board in the amount of  $1,337,364. Area C, (Belfair, Allyn, Grapeview) reported 18 sales totaling $2,971,250. Area D, (Hoodsport/Union) improved with 13 sales for the period in the amount of $2,933,800

 

Single Family Resale Homes, on less than 5 acres, accounted for 37 of the total sales.

Two New Single Family homes were sold. There were 2 Multi-family units sold and one Single Family Resale Home, on more than 5 acres, SOLD.

 

Commercial properties sold - 1, Condominiums -0.

 

Land selling with a Mobile posted 10 sales and there were 5 platted lots recorded as sold. Short plats posted 3 sales and there was 1 unplatted parcel sold.

 

There was only 1 home that sold above the $500,000 plus range and there were 2 sold between the $300,000- $349,999 ranges and 3 homes sold in the $250,000-$299,999 range. The $200,000 - $249,999 had the most sales totaling 9, followed by the $130,000-$144,999 range with 7 sales.

 

The average price for Single Family Resale's was $187,050 with a Median price of $161,500.

 

Real Estate Loan counts remain strong. There were 159 Loans taken out in the amount of $27,456,708 compared to the 114 loans last period. The average conventional 30-year loan rate was 4.93%