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Market Report for Mason County, Washington

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 May 1 though May 15, 2010 reports 43 Total Closed Sales in the amount of $6,645,081.

 

Area A, (Shelton, Arcadia, Kamilche) recorded sales counts of 20 closed sales totaling $2,468,131. Area B, (Hartstene/Agate area) placed 5 sales on the board in the amount of  $942,900. Area C, (Belfair, Allyn, Grapeview) reported 11 sales totaling $2,423,650 Area D, (Hoodsport/Union) posted 7 sales for the period in the amount of $810,400

 

Single Family Resale Homes, on less than 5 acres, accounted for 18 of the total sales.

There was 1 New Single Family home sold. There were no Multi-family units sold. There were 4 Single Family Resale's on more than 5 acres sold.

 

Commercial properties sold - 0, Condominiums -0.

 

Land selling with a Mobile posted 7 sales and there were 6 platted lots recorded as sold. Short plats posted 5 sales and there were 2 unplatted parcels sold.

 

Two Homes sold in the $500,000 or more range and 1 sold between the $400,000 to $499,999 range. Other sale prices ranged from a low of $60,000 with most of the sales in the $145,000 to $200,000 range..

 

The average price for Single Family Resale's was $219,567 with a Median price of $167,500. Lots sold averaged $33,917.

 

Real Estate Loan numbered 121 taken out in the amount of $20,685,100. The average conventional 30-year loan rate was 4.95%