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Market Report Lake Stevens, WA

By
Real Estate Agent with Weems Property Group | KW North Sound

 How is our local market in Lake Stevens, WA. I believe that the market is doing on pretty good considering our country economic situation. If you are in the market to purchase a home in Lake Stevens, WA, please contact us for assistance. We know the area very well and it would be our pleasure to assist. Our city didn't close as many homes as last Dec but the average time on market was a little lower. The homes that were priced correctly sold on average just over a hundred days. Take look at the numbers.

Dec

2011 Closed Units  72 Dn -5.3%
2010 Closed Units  76

2011 Avg Price (Sale) 191,240  Dn -33%
2010 Avg Price (Sale) 285,578

2011 Median Price (Sale) 199,000  Dn -20.4%
2010 Median Price (Sale) 249,950

2011 Avg Time on Market  105 Dn -10.3%
2010 Avg Time on Market  117

 

As you can see the average home price has dropped from last Dec. There is still activity in the area and great deals out there. We had 421 active and 72 homes sold for the month. Our 5.8 months of inventory is good for this market. There are great opportunities out here to invest your hard earned cash into. Give us a call today for assistance. 425-218-7674

 

 

 

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