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Delphi / Black Hills WA real estate market update April 2014
Here is the Delphi / Black Hills WA current real estate market update as of April 2014 (area 442 on the map below).
Delphi / Black Hills residents are in an area of homes on larger parcels of land. Buyers can find their coveted horse properties here! There are also some high end neighborhoods including Field of Dreams and Cougar Ridge as well as the neighborhoods of Alpine Hills, Black Lake, Littlerock, Mud Bay, and Waddell Creek. This area also includes part of the Capitol State Forest. Many residents in this area are in the Tumwater School District.
*Average home prices for Delphi / Black Hills are down from last year at this time. But this is due to the fact that this area offers a wide variety of housing options and lot sizes, which affect sales prices.
The number of homes sold for Delphi / Black Hills has seen improvement this quarter of last year. This is a combination effect of sellers pricing appropriately for the market, fewer short sales that take months to close, and more buyers entering the market who are ready, willing and able to purchase.
The absorption rate is continuing to improving and is moving towards a seller's market.
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