2011 Market Report Condos for Duvall, Washington

2011 Market Report Condos for Duvall, Washington

2011 Market Report Condos for Duvall, Washington

Real estate and politics was on a lot of peoples minds this last year. Now that the year is over we can report activity, averages and trends in this 2011 Market Report Condos for Duvall, Washington.

Duvall condo activity was brisk and changing positively based on the last quarter of 2011 and the experience of the Phil Leng Team. We sold 68 homes this past year, with an average market time of 49 days.

However the overall statistics for Duvall are sobering. Look at this graph. The red bar is the number of houses for sale in any given month. The Green bar is the number of houses sold in any given month. Which of these two categories would you want to be in? The red category, or the green category? If you use The Phil Leng Team to sell your property this year, we will help you get into the sold category.  Let's go Green!



The trend of median sold prices in Duvall is inconclusive from this next graph. We will follow up with a subsequent blog with more info.  The median price in this 2011 Market Report Condos for Duvall, Washington appears to be indeterminable, but the last quarter 2011 shows promise.


Perhaps the good news in Duvall is that the number of new properties going for sale every month has been decreasing over the last year. It looks like the trend of new listings every month in this 2011 Market Report Condos for Duvall, Washington is down significantly.



The average Days on Market in Duvall appears to be somewhat indecipherable from this next graph. Last quarter 2011 shows promise though. 


Months supply of inventory in Duvall Washington has gone down. The graph shows 27% over the year, however it will not actually be by that much once the properties come on the market this spring. With the limited info available an accurate evaluation is difficult at best. 


If you are a serious seller and need to sell this next year in Duvall, hire the Phil Leng Team. We have the experience and the track record to help you reach your real estate goals this year.

All data for this 2011 Market Report Condos for Duvall, Washington is from the NWMLS and is their property. Accuracy has not been independently verified.

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