I know there are Stat followers out there. Here is the Real State of Real Estate in Mason County Washington. This is the Kind of thing that Brokers love to do. Providing the numbers. So take a look.
The Mason County, Washington Residential Real Estate one year review shows the following Comparisons for the Month of December:
Dec 07 Dec 08 % Change
For Sale 722 719 -0.4%
Sold 47 35 -25.5%
Pending 50 27 -46%
The Residential Statistics for one year for the 98528 Zip Code:
For Sale 121 124 2.5%
Sold 5 6 20%
Pending 7 3 -57.1%
In Zip Code 98524:
For Sale 61 50 -18%
Sold 6 4 -33.3%
Pending 4 1 -75%
Additional Mason County Residential statistical comparisons for the month of December ‘07 & ‘08 reports that in Dec. 08 the Months of Inventory, based on closed sales, was 20.5 months while in ‘07 it was 15.4 months.
The Average Active Listing Price in Dec. 08 was $303,000. In Dec. 07 it was $319,000.
The Average Sold Price in Dec. 08 was $184,000/$252,000 in '07.
The Sold/Listing Price difference percentage was 95% for both 08 and 07, however, the Sold/Original List Price difference percentage was 88% in Dec 08 while it was 90% in Dec 07.
Days on Market for those Properties that sold was 107 days in Dec. 08 and it was 123 days in 07.
The Median Price for Mason County Residential homes in Dec 08 was $191,000. In Dec. 07 it was reported to be $225,000.
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