Ravensdale Real Estate Market Overview June 2014

By
Real Estate Agent with www.roundrealestate.com

Ravensdale Real Estate Market Overview June 2014

Ravensdale Real Estate Market Overview June 2014

Ravensdale's Median Price is up 34.4 % from June 2013 and up a total of 56.3% in the last two years overall!  Average Days On Market (DOM) is down 24.3% from 2012 and down 33.1% from a year ago.  Months supply of Inventory is down 33.1% from June 2013 and down 74% from 2012. 

Traditional sales (home sales with equity) made up 100% of the sales. There were zero Bank Owed sales (Foreclosures aka REO's) or Short Sales. 

There are 8 Ravensdale homes for sale - down 31% from June 2013 and down 39.4% from June 2012.

6 Homes went under contract in Ravensdale in June.  Under Contracts are up 230% (!) from June 2012 adn up 45% from June 2013. 

2 Home sales closed in June 2014.  Sales are up 65% from June 2012 and down 58.6% from June 2013.

Based on the current number of homes going under contract (Pending) there is just a little over two months supply of houses for sale in Ravensdale. Which indicates it's a Seller's Market. Now is a good time to sell your home in Ravensdale!

The average sales price was $517,000. And the average days number of days on the market was 64. 

I hope you've enjoyed the Ravensdale Real Estate Market Overview June 2014! If you have any questions, please feel free to ask!

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