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!