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Edgewood WA June 2012 Monthly Home Sales Stats

By
Real Estate Agent with www.roundrealestate.com
Edgewood, WA June 2012 monthly home sales stats
 
Only eight homes closed in Edgewood WA the entire month of June 2012
 
Here are the averages of the 8 Edgewood home sales-
 
The average sold price was $292,960.
The median sold price was $246,450.
The lowest sold price was $171,000 and the highest sales price was $524,777.
The average days on market for the sold homes was 182 days! The shortest was 69 days; the longest was 344 days.
The sellers received an average of 98.50% of asking price.
Average price per square foot was $124.94.
The houses were built between 1968 and 1996.
 
There are currently 28 homes under contract in Edgewood, WA. They range in price from $119,000 to $499,950. 11 of the 28 pending sales in Edgewood are waiting for lien holder approval.
 
There are currently only 38 single family homes for sale in Edgewood.  They range in price from $119,000 to $899,990. The average list price is $392,429.  If no other homes are put up for sale, based on the current absorption rate, it would take approximately 6.6 months for all the homes to be sold in Fife.
 
What this means to you? 6+ months of inventory means it's a buyer's market. 6-4 months of inventory means it's a balanced market. Under 4 months supply of homes means it's a seller's market. It is a Buyer's Market in Edgewood, WA.
 
 
 Edgewood June 2012 Month's Supply of Homes for Sale-
 
Edgewood WA Home For Sale Inventory June 2012
 
 
 

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