Edgewood, WA April 2010 monthly home sales stats
In April home sales in Edgewood crept up one from last month to number five.
Here are the averages of the sales-
The square footage was 2690.
The $ per square foot was $120.36.
It was on the market 129 days. The shortest was 91 days; the longest was 154 days.
The average original list price was $349,740.
The average list price when a contract was received was $339,940.
The average sold price was $320,500.
The homes were built between 1928 and 2006. They ranged in square footage between 2102 and 3500. The lot sizes ranged from .42 of an acre to .76 of an acre.
The Highest sale price was $412,500 and the lowest sale price $225,000.
Again on average there are about 50 homes for sale in Edgewood. That means based on the number of homes sold in April, there was an absorption rate of only 10%. Anything under 45% is a buyer's market. If no other homes are offered for sale, it would take 10 months for all the homes to be sold.
If you are interested in the real estate market in Edgewood, WA or the surrounding areas, whether you are selling your home or buying a home, please feel free to contact me via cell phone, text, or email. Debi Braulik at 206.949.4785 or deborah@kingpiercehomes.com. You can also follow me on Facebook- my id is DebiBraulik or via Twitter- my id is TacomaAgent.
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