Snapshot of the Market - March 2016

By
Real Estate Agent with RE/MAX Select R.E.

 

Here is a quick look at what it going on in the real estate market in our area, zip code 98042...

There are currently 61 homes for sale with prices ranging from $220,000  to $1,128,888.


•1 and 2-bedrooms homes for sale: 5
•3 bedroom homes for sale: 29
•4 bedroom homes for sale: 21
•5+ bedroom homes for sale: 6

 

There were 41 homes that sold in February, 2016.   37 were re-sale homes and 4 were new construction.

A further breakout shows what type of homes sold...
•New Construction:  10%
•Bank Owned: 5%
•Short Sales:  5%
•Regular Re-sales:  80%

 

The average sale price was: $356,599   Average Days on Market was: 57

Low sales price was: $190,000

High sales price was: $589,950

 

*These are sales listed in the MLS only, it does not reflect any private sales.

Comments (2)

Dan Hopper
Dan Hopper - Gold Way RE - Westminster, CO
Denver Broker / Real Estate Advocate

These stats are great for the market watch,  !  I try to do my best to review each day as to what has occurred in the last 24 hrs in the MLS.  I am amazed at times... where is the inventory???

Mar 02, 2016 11:26 PM
geri wehry
RE/MAX Select R.E. - Covington, WA
your agent for life

Dan,  I do that too - and no kidding... nothing!  My brother-in-law is in town and he is a lending manager with Chase - from Windsor, CO and he was sharing that y'all have what we have... absolutely nothing!  Great to be a seller but oh so hard on buyers.   Thank for stopping by.  Enjoy your Thursday :)

Mar 02, 2016 11:30 PM