It's Time to Sell in Auburn, WA!
Did you know? ...
Þ In January ‘12, the median house price of Auburn addresses was $224,745?
Þ In January ‘13, the median house price in Auburn was $259,780?
Þ In January ‘12, there were 260 Active listings*, and 56 closed sales in Auburn?
Þ In January ‘13, there were 147 Active listings*, and 92 closed sales in Auburn?
Þ In 2012, Auburn closed sales were 16% short sales, 19% bank-owned properties, 28% new construction homes, and 37% traditional sales?
Þ In January ‘13, Auburn closed sales were 19% short sales, 17% bank-owned, 37% new construction, and 27% traditional sale homes?
Þ On February 11, 2013, there were only 243 Active home listings in Auburn — 47 short sales, 17 bank-owned, 98 new construction, and 73 traditional resale — just over a 2½ month supply of homes!
To put this in perspective -- I have a client looking for a starter home that's in good enough shape to qualify for VA financing. One level for this disabled veteran -- no stairs. He really wants to live in Auburn to be close to family.
There are a total of eight homes in his price range, of which only two could be possibilities for financing. TWO! ... A quick call to those listing agents? They've received multiple offers and are deciding which to take.
That's a severe shortage of homes on the market in Auburn, WA!
Thinking of selling? This is the moment. It's time to sell. Let's get moving!
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