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State of the Market - Auburn, WA

By
Real Estate Agent with RE/MAX Realty South WA State: 75600

Sorry for the delay in getting these out this month. Time sure goes by fast!

Hopefully this makes sense. I haven't figured out how to do a good job inserting tables into blogs yet, so all the nifty colors and fonts fall apart making this a bit more difficult to figure out.

It's interesting looking at the activity for various "areas" of Auburn. We're so diverse here. As with most other areas, the lower-priced homes continue to sell well. Gads, there's actually fairly brisk selling going on for homes in the Auburn West Hill neighborhoods. Less than six months of inventory!

Remember, what we're looking at here is to help determine what might happen if you were to list your home ... For example, if you listed your home in the West Hill area for under $300,000 ... you might expect that it would take just under six months to sell it. Well, of course, YOUR home would sell much faster, as it would be the best prepared, the best priced, the best overall! Working with an experienced listing agent (like me!) will help certainly help!

 Every single neighborhood, whether on the West Hill, East Hill, Academy, or not even in Auburn, has it's own personality and historical time line. As you evaluate your course of action -- whether buying or selling -- be sure to carefully study what's really happening for homes like yours in your own neighborhood.

Don't hesitate to ask your agent to help you interpret what the numbers mean. That's what we're here for! 

State of the Market in Auburn, WA

Residential Single Family Homes with Auburn Addresses

December, 2008

               
               
 

All prices

 $400,001 -

$300,001- $400,000

$200,001 - $300,000

$0 - $200,000

All Prices 10/08

All Prices 11/08

 

Auburn Mailing Address

 

Current Active Listings

456

123

138

152

43

578

533

Sold in 2008

684

121

257

270

36

 

 

Sold in last six months

365

55

132

154

24

409

405

Sold in last three months

157

27

53

66

11

213

181

Sold in current month

37

11

9

14

3

73

47

Months of Current Inventory*

8.71

13.67

7.81

6.91

11.73

8.14

8.83

               
               
 

Auburn East Hill

 
 

(approx N and E of Green River, inc. Lea Hill, Lake Holm, Moneysmith, Washington Nat'l)

 

Current Active Listings

118

51

35

21

11

160

139

Sold in 2008

153

 

 

 

 

 

 

Sold in last six months

76

25

28

20

5

83

84

Sold in last three months

38

15

11

9

3

40

35

Sold in current month

12

5

2

4

1

16

10

Months of Current Inventory*

9.32

10.20

9.55

7.00

11.00

12.00

11.91

               
               
 

Auburn Academy/Wabash

 
 

(approx NE of White River up hill towards Muckleshoot & Wabash)

 

Current Active Listings

10

7

2

1

0

7

7

Sold in 2008

13

 

 

 

 

 

 

Sold in last six months

9

3

1

5

0

10

10

Sold in last three months

6

3

0

3

0

5

6

Sold in current month

1

1

0

0

0

5

2

Months of Current Inventory*

5.00

7.00

12.00

1.00

0.00

4.20

3.50

               
               
 

Auburn West Hill

 
 

(West of Highway 167)

 

Current Active Listings

100

23

28

40

9

136

124

Sold in 2008

160

 

 

 

 

 

 

Sold in last six months

93

9

31

47

6

86

89

Sold in last three months

42

3

13

23

3

47

46

Sold in current month

10

2

2

4

2

15

17

Months of Current Inventory*

7.14

23.00

6.46

5.22

9.00

8.68

8.09

               
               
 

Auburn Valley

 
 

(approx W of White River to Highway 167)

 

Current Active Listings

96

8

13

54

21

114

108

Sold in 2008

151

 

 

 

 

 

 

Sold in last six months

81

1

15

52

13

93

93

Sold in last three months

31

1

9

16

5

54

45

Sold in current month

4

0

1

3

0

17

10

Months of Current Inventory*

9.29

24.00

4.33

10.13

12.60

6.33

7.20

               
               
 

Lakeland Area

 
 

(Lakeland Hills -- all)

 

Current Active Listings

82

16

43

23

 

102

99

Sold in 2008

114

 

 

 

 

 

 

Sold in last six months

57

10

29

18

 

79

71

Sold in last three months

18

2

9

7

 

35

25

Sold in current month

3

1

1

1

 

13

2

Months of Current Inventory*

13.67

24.00

14.33

9.86

0.00

8.74

11.88

               

*based on last 3 months sold activity

             
               

 

 
       

Prepared

01/14/09

  

               
               
               
               

 

Posted by

Your Dedicated Realtor(r), ActiveRain Blogger, Seller, Buyer, and Short Sale agent working the Auburn, Kent, Renton, Maple Valley, Federal Way, Covington, Puyallup, Sumner, Bonney Lake, Lake Tapps, and north/northeast Tacoma areas. Visit my Web site too!

 

2011-2014 Five Star Professional's Best in Client Service and Client Satisfaction, as published in Seattle Magazine

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