2011 Market Report Condos in Tukwila, Washington
Tukwila real estate 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 in Tukwila, Washington.
We would characterize Tukwila real estate activity as brisk and picking up based on 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 Tukwila are sobering. Look at this graph. The Red bar is the number of condos for sale in any given month. The Green bar is the number 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 Tukwila has decreased based on this next graph.
More good news in Tukwila is that the number of new properties going for sale every month has been dropping over the last year. It looks like the trend of new listings every month in this 2011 Market Report Condos in Tukwila, Washington is down 67%. If inventory is down and buyers are out there activity will improve.
The average Days on Market in Tukwila appears to be somewhat obscure from this next graph.
Below is the month’s supply of inventory for Tukwila, Washington.
Conclusion: If you are a serious seller and need to sell this next year in Tukwila, 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 in Tukwila, Washington is from the NWMLS and is their property. Accuracy has not been independently verified.