Admin

Orting WA Real Estate | Homes Sold January 2012

By
Real Estate Broker/Owner with HOMEFRONT Realty WA State Licence #23384

During the month of January  there were 17 homes that sold in Orting. These Orting homes actually had a transfer of home ownership. Contracts complete and Lender funds available. The home buyer and seller signed all of their documents and escrow prepared the closing packages. Once all the I’s were dotted and the T’s crossed there where deeds recorded at the Pierce County courthouse that transferred the property into the new home owner’s name!

If you want to learn more about how we transfer property in Washington State a really great site to visit is the Escrow Association of Washington site. There you can find definitions and explanations of the home buying process for Orting Washington.

 

Let’s look at those 17 Sumner homes -

 
Original median for sale price was $178,500 and the original for sale price after price reductions was $159,900.  The 17 homes median SOLD price was $163,000.  These homes all sold on average in 32 days. 

Orting January Homes Sold 2012

 Orting Sold Properties by Month

Orting Months Supply of Inventory

Orting Under Contract Properties by Month

 

Not a bad time to purchase a home in Orting, Washington. Prices are down, interest rates are at an all time low you might want to look at what it means to you.

What do these numbers mean? Is it a good time to buy? Is it a good time to sell. It all depends on your individual situation. I would rather buy in a buyers market and I would rather sell in a buyers market if I have to buy another home with the proceeds. I am a fan of the NORMAL market – everyone can feel more comfortable and real estate transactions are not as stressful.

If you would like to find out the value of your home please feel free to contact me via phone or email. I would be more than happy to supply you with a FREE Market Analysis.

If you would like to purchase a home in the Pierce County Real Estate Area please give me a call or contact me via email. We can discuss your future plans and I can set you up on an email campaign to receive the hot new listings quicker than YOU can find them.

 

“Statistics not compiled or published by NWMLS.” Equal Opportunity Housing All information deemed reliable, but not guaranteed”

Posted by

 

Jo SossAuthor:Jo Soss

Jo Soss is the designated Broker and the owner of Homefront Realty in Bremerton Washington. Selling real estate in the greater Puget Sound area since 1994 she has vast knowledge in all aspects of a real estate transaction. Using today's technology with her signature personal service allows her to achieve complete customer satisfaction.

Comments(2)

Show All Comments Sort:
Carla Muss-Jacobs, RETIRED
RETIRED / State License is Inactive - Portland, OR

Seeing the same trend here . . . inventory down, but sales are up.  Which is something to be mindful of when buyers start to come out in earnest in the Spring. 

Feb 18, 2012 06:38 AM
Jo Olson
HOMEFRONT Realty - Kettle Falls, WA
Retired - HOMEFRONT Realty @ LAKE Roosevelt

I think we might run out of good properties - I don't like that kind of market either.  But with so many unable to be move-up buyers it is going to get worse before it gets better I am sure.

Feb 18, 2012 12:06 PM