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Snohomish County WA/ WCRER Housing Market Analysis/ 2nd Quarter 2008

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Real Estate Appraiser with Appraisals Licence # Avail. on Req.

Snohomish County Housing Market

Here is some interesting/ helpful data on the Snohomish County Housing Market

Snohomish County home re-sales were down - 17.4% from the previous quarter, and down -44.4% from the second quarter in 2007.  Statewide home re-sales were down -8.5% from the previous quarter and down      -31.7% from the second quarter in 2007.  Overall building permits in Snohomish County are down -41.5% from the second quarter of the previous year, in comparison to the -29.7% reduction statewide.  The median re-sale home price in Snohomish County is $349,400, well above the statewide average of $291,900.  The 2008 second quarter Housing Affordability Index (HAI) was 87.7 for Snohomish County, lower than the statewide index of 95.5.

See all county data:  http://www.wcrer.wsu.edu/WSHM/2008Q2/Snapshot_2008Q2.pdf

 

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