First Quarter Housing Market Snapshot: Statewide, Whatcom, Skagit, Snohomish, & Island Counties WA.

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Real Estate Appraiser with Bennett Appraisals Licence # Avail. on Req.

According to the WCRER (Washington Center for Real Estate Reaserch) First Quarter 2008 Housing Market Snapshot:

WA Statewide:  Home re-sales are down (-) 3.6% from last quarter, and down (-) 29.7% from a year ago.  Building permits are down (-) 46.7% from a year ago.  The median re-sale price is down (-) 2.4% from a year ago.

Whatcom County:  Home re-sales are down (-)6.5% from last quarter, and down (-) 12.8% from a year ago.  Building permits are down (-) 57.8% from a year ago.  The median re-sale price is down (-)3.4% from a year ago.

Skagit County:  Home re-sales are down (-)12.3% from last quarter, and down (-) 32.5% from a year ago.  Building permits are down (-) 28.9% from a year ago.  The median re-sale price is up (+)10.1% from a year ago!

Snohomish County:  Home re-sales are down (-) 5.1 % from last quarter, and down (-) 34.8% from a year ago.  Building permits are down (-) 46.7% from a year ago.  The median re-sale price is down (-) 4.7% from a year ago.

Island County:  Home re-sales are up (+) 21.8% from last quarter, and down (-) 30.2% from a year ago.  Building permits are down (-) 44.1% from a year ago.  The median re-sale price is down (-)1.2% from a year ago.

For Full State of Washington and Counties PDF Info:

http://www.wcrer.wsu.edu/WSHM/2008Q1/Snapshot_08Q1.pdf

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