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Fife, WA February 2010 monthly home sales stats

By
Real Estate Agent with www.roundrealestate.com

Fife, WA February 2010 monthly home sales stats

Just like last month, February brought 14 homes sales to Fife, WA.    Here are the averages- The average square footage was 1967. The average $ per square foot was $121.24.

The average days on market was 72. The shortest sale was 7 days; the longest was 176 days. 

The average original list price was $236,394.

The average list price at contract was $232,959.

The average sold price was $231,968.

The average sale price to list price percentage was 99.57%. Six of 14 home sales recieved 100% or more than asking price. The rest received 96.16-98.92% of asking price. Not quite as good as last month. The lowest sales price was $183,000 and the highest sales price was $289,995. Seven of the homes sold were built in 2009. The oldest was built in 1971.     In Fife there are, on average, 41 homes for sale on the MLS. That means based on the numbersold, there was an absorption rate of 34%. Not too shabby! Still a buyer's market but nearly a balanced market. If no other homes are offered for sale, it would take amost three months for all the homes to be sold.     

If you are interested in the real estate market in Fife, WA or the surrounding areas, whether you are selling your home or buying a home, please feel free to contact me via cell phone, text, or email.  Debi Braulik at 206.949.4785 or deborah@kingpiercehomes.com.  You can also follow me on Facebook- my id is DebiBraulik or via Twitter- my id is TacomaAgent.

Catherine Chaudemanche - Edison & Central NJ
Metuchen Keller Williams Elite Realty / Middlesex County, NJ - Edison, NJ
Full Time, Informed and Involved- Results Driven

Thank you for the info Debi. Very useful for buyers and sellers in your local area.

Mar 16, 2010 07:48 AM