Edgewood, WA had seven homes closed in October 2009.
Here are the averages-
The average square footage was 2081.
The average $ per square foot was $161.21.
The average days on market is 124.
The average original list price was $365,757.
The average list price at contract was $346,471.
The average sold price was $337,636.
The average sale price to list price percentage was 97.45%.
The lowest sales price was $113,500 and the highest sales price was $499,950.
Of the seven sales five were on the market less than 90 days! More evidence that home buyers in Edgewood, WA were poised to take advantage of great sales prices and great interest rates. And maybe even the $8,000 tax credit.
Currently there are 46 active listings (homes without sales contracts) in Edgewood. Based on that and the current absorption rate, if no new listings hit the market, there is over 6 months of inventory.
If you are interested in buying or selling a home in Edgewood, WA- please feel free to contact me via cell phone, text msg, email, facebook or twitter.
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