2011 Market Report Condos for Woodinville, Washington
2011 Market Report Condos for Woodinville, Washington
Woodinville real estate was on a lot of peoples minds this last year. Looks like there were a lot of positive changes in market trends contrary to National reports. Now that the year is over we can report activity, averages and trends in this 2011 Market Report Condos for Woodinville, Washington.
Woodinville real estate activity was brisk and picking up, to say the least, based on the information provided to the Phil Leng Team. Our team sold 68 homes this past year, with an average market time of 49 days.
The overall statistics for Woodinville are startling. Look at this graph. The Red bar is the number of condos for sale in any given month. The Green bar is the number sold in any given month. Which of these two categories would you want to be in? The red category, or the green category? If you hire The Phil Leng Team to market your property this year, we will get your property into the sold category. So let's go Green!
2011 Market Report Condos for Woodinville, Washington
Woodinville real estate was on a lot of peoples minds this last year. Looks like there were a lot of positive changes in market trends contrary to National reports. Now that the year is over we can report activity, averages and trends in this 2011 Market Report Condos for Woodinville, Washington.
Woodinville real estate activity was brisk and picking up, to say the least, based on the information provided to the Phil Leng Team. Our team sold 68 homes this past year, with an average market time of 49 days.
The overall statistics for Woodinville are startling. Look at this graph. The Red bar is the number of condos for sale in any given month. The Green bar is the number sold in any given month. Which of these two categories would you want to be in? The red category, or the green category? If you hire The Phil Leng Team to market your property this year, we will get your property into the sold category. So let's go Green!
The trend of median sold prices in Woodinville is higher from this next graph. The median price in this 2011 Market Report Condos for Woodinville, Washington has gone up 30% through.
More good news in Woodinville is that the number of new properties going for sale every month has been dropping over the last year. It looks like the trend of new listings every month in this 2011 Market Report Condos for Woodinville, Washington is down 14%.
The average Days on Market in Woodinville has been going down dramatically. The graph shows a 73% drop in days on the market which correlates with the other graphs presented here.
If you are a serious seller, the next graph is more good news. The Months supply of inventory in Woodinville, Washington has gone down 53% over the year, however it will not actually be by that much once the properties come on the market this spring. This is a real trend from this 2011 Market Report Condos for Woodinville, Washington.
Conclusion: If you are a serious seller and need to sell this next year in Woodinville, hire the Phil Leng Team. We have the technological expertise, experience and the track record to help you reach your real estate goals.
All data for this 2011 Market Report Condos for Woodinville, Washington is from the NWMLS and is their property. Accuracy has not been independently verified.
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