Market Update - Marysville 20007 Snapshot

Let's close 2007 with a quick snapshot of what is going on in our market place today. 

The supply and demand in real estate is best gauged by looking at the number of pending sales.  Here is a snapshot of what our market looks like today in Marysville for residential homes.

Price

Total # Homes

# Pending Sales

Percentage (Demand)

Average

# Days on Market

$100-150K

0

0

n/a

n/a

$150-200K

2

0

0%

67

$200-250K

28

6

21%

85

$250-300K

119

18

15%

90

$300-350K

181

23

13%

102

$350-400K

67

5

7%

96

$400-450K

40

1

3%

106

$450-500K

9

1

11%

135

$500-550K

1

1

100%

56

$550-600K

4

0

0%

137

$600-700K

5

0

0%

111

$700-800K

0

0

n/a

n/a

$800-900K

3

0

0%

79

$900-1 million

1

0

0%

88

over 1 million

1

0

0%

279

TOTAL

461

55

12%

98

What does this data mean?  Well, in Marysville there is only a 5.5 month supply of inventory.  That is a nice balanced number.

It means if you are looking to sell your home, and you are in the $200,000-$300,000 range, then make sure you price it right and spend time sprucing it up.  Then, get ready to move because the average days on market is below 90.

If you are a buyer, you have a lot of options.  Don't wait too long because your dream home may be sold quickly.  Homes that are priced right and in top condition sell first and you don't want to miss your opportunity.

If you are thinking about selling your home in or moving to Marysville, give me a call.

Jen Hudson, GRI (360) 652-1200 or jen@jenhudsonhomes.com

 

2 Comments on Market Update - Marysville 20007 Snapshot

Hi Jen...Great info on your Market Update, I'm sure people looking on-line will also appreciate your market update for Arlington, Washington.

Now I need to get mine done to, I do one for each area I serve James Bay, Fairfield, plus the whole area YTD for Victoria BC.

Cheers, HAVE A GREAT YEAR IN 2008!

01/01/2008 11:58 AM by Fred Carver,Victoria BC Realtor (Re/Max Camosun Victoria Real Estate)

Thanks Fred.  I also cover Stanwood and Camano Island.  I'll keep you in mind if I need anyone up in your neck of the woods.  You're only a couple hours away.

01/01/2008 04:13 PM by Jen Hudson - Stanwood, Camano & Arlington,WA (RE/MAX Signature)

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Real Estate Agent: Jen Hudson - Stanwood, Camano & Arlington,WA (RE/MAX Signature)
Jen Hudson - Stanwood, Camano & Arlington,WA
Stanwood, WA
More about me…
RE/MAX Signature

Office Phone: (360) 652-1200
Cell Phone: (206) 293-1005
Email Me
What you should know about real estate in Stanwood, Arlington & Camano Island, WA. And, maybe some other tips too.

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