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A Real Estate Sales Report for Mason County, Washington State

By
Real Estate Broker/Owner with Richard Bell - Windermere Peninsula Properties

Mason County, State of Washington Real Estate Sales during the period of April 1 through April 15 2009 posted 41 total sales in the amount of $4,394,732.

 

Single Family Resale's on less than 5 acres totaled 24 Sales. Land sold with a mobile recorded 6 sales, 5 sales of Platted Lots, 5 Short Plats and 1 Unplatted parcel. There were no sales of New Single Family, Single Family Resale's on more than 5 acres, Multi-family, Commercial or Condominiums.

 

Area A (Shelton, Arcadia, Kamilche) reported 14 sales in the amount of $1,381,631. Area C ( Ayers Point, Belfair, East Shore) also reported 14 sales in the amount of $1,932,851. Area B (Harstene Island, Agate) posted 4 sales totaling $313,750 and Area D (Triton Head, Hoodsport, Union) recorded 9 sales in the amount of $766,500.

 

The Highest Price for a Single Family Resale for this period was in LakeLand Village in the amount of $407,950. The Lowest Price Home Sold in the County was $12,933. It was a 1 Bedroom, 1 Bath cabin in the Twanoh Falls area.

 

The Average Sold price for a Single Family Resale during this period was $127,143 and the Median was $113,750. A Lot's average price came in at $19,990.

 

A closer review of the Mason County Sales Analysis, year- to- date sale numbers, show that 42.473% of all County real estate sales are Single Family Resale's on less than 5 acres. Platted Lots represented 17.742% of the sales followed by Short Plats with 13.978% of the sales. Mobile Homes with Land were 10.215% and Unplatted Land was 5.914%.

 

Multi-Family home sales came in at 2.688% followed by Single Family Resale's (on more than 5 acres), New Single Family and Commercial sales each coming in at 2.151%. Condominiums sales were 0.538%.

 

Loans and Mortgages for this period show that 151 loans were recorded in the amount of $37,200,319. The average rate for a conventional 30 year real estate loan was 4.86%.