Milton, WA July 2012 monthly home sales stats
Due to the lack of available homes for sale in Milton - only one home sale closed in the month of July 2012.
Here are the details of the one Milton WA home sale-
The average sold price was $188,000.
The original list price was $199,000.
The house was on the market for only 7 days before it received a contract.
The sellers received 94.47% of asking price.
Average price per square foot was $121.29.
The houses was built in 1905.
There are five homes in Milton that went under contract in July. In total there are 16 homes under contract. Of the 16, five are short sales and are awaiting lien holder approval for the short sale.
There are currently only 18 single family homes for sale in Milton. They range in price from $109,900 to $468,000. If no other homes are put up for sale, based on the current absorption rate, it would take approximately 2.6 months for all the homes to be sold in Milton WA.
What this means to you - a home buyer or seller in Milton? 6+ months of inventory means it's a buyer's market. 6-4 months of inventory means it's a balanced market. Under 4 months supply of homes means it's a seller's market. It is a Seller's Market in Milton, WA. Now is the time to sell if you are looking to downsize or upsize your Milton home!
If you are interested in other area stats besides Milton WA July 2012 Monthly Home Sales Stats, just let me know and I'd be happy to pull the stats for you.
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