It's a Monday and the Last week of 2008. May the New Year bring Forth a Robust Economy and a Rebounding Real Estate Market.

Since joining and posting to AR I have explored, written and commented on a host of Topics. However, I am still a Real Estate Professional and a Managing Broker and must continue my duty to enlighted the public and this Community to our Local Mason County Real Estate Market Data.

Market Data is not always the most popular topic but it is So important to our Business. Would you not agree?

With that Said, I bring to you:

The Mason County, State of Washingtion Market Data Report.  

The Mason County Real Estate Sales Data for December 1 Through December 15, 2008 posted an Area Total of 40 Sales in the amount of $6,506,208.

In Area A (Shelton, Arcadia, Kamilche) 14 Sales were recorded in the amount of $2,195,008. Area B (Hartstene Island, Agate) posted 9 Sales totaling $1,247,300. In Area C (North end of the County) 10 Sales were reported in the amount of $2,249,500 and Area D ( Hoodsport, Union) had 7 Total Sales in the amount of $814,400.

A Real Estate Sales Analysis breakdown shows: 14 Sales were Single Family Resales on less than 5 Acres, 1 Sale of a Single Family Resale on more than 5 Acres and 2 Sales of New Single Family Housing.

There were no Multi-family Sales but there was 1 Commercial Sale.

 Land Sold with a Mobile Home posted 6 Sales, Platted Lots recorded 8 Sales, 3 Short Plats sold and 5 Unplatted Land Sales were recorded.

Prices for Single Family Resales on Less than 5 Acres show us that 1 Sold in the $400,000 to $499,999 range and 1 in the $350,000 to $399,999 range. There were 3 each in the $250,000-$299,999, $200,000-$249,999 and $180,000-$199,999 respectively.

There were 2 Sales in the $145,000-$159,999 range and 1 in the $115,000-$129,999 range.

The Average Price for a Single Family Resale for this period was $233,800 and the Median price was $206,250. New Single Family Average and Median Price was $228,450. Lots Average Price was $34,144 while the Median was $12,825.

There were 120 Loans taken out for the period in the amount of $24,977,309 with an average rate of 5.4% for a Conventional 30 year Real Estate Loan.