Fife, WA Mar 2010 monthly home sales stats
In March there were 12 home sales in Fife, WA.
Here are the averages-
The average square footage was 1850.
The average $ per square foot was $118.20.
The average days on market was 121. The shortest sale took 10 days; the longest was 366 days.
The average original list price was $229,215.
The average list price at contract was $216,795.
The average sold price was $214,618. (March 2009 average sales price was $261,202)
The average sale price to list price percentage was 99%. Encouraginly only two of the sales were below 100% of current list price.
The lowest sales price was $115,000 and the highest sales price was $247,000. All of the homes sold were built between 2004 and 2009. The majority of the sales were in the Radiance subdivision.
In Fife there are, on average, 40 homes for sale on the MLS. That means based on the numbersold, there was an absorption rate of 33%. Still a buyer's market but nearly a balanced market. (a balanced market has an absorption rate of 45-55%) If no other homes are offered for sale, it would take over three months for all the homes to be sold.
If you are interested in the real estate market in Fife, 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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