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August 2009 Seattle Area Market Updates

July 2009 Seattle Area Market Updates

June 2009 Seattle Area Market Updates

June 2009 Seattle Area Market Updates

KING COUNTY
In King County, number of sales increased by 20.7% over May which is a strong rise month over month. First time home buyers carry the day, and we are busy busy busy, closing 4 first time home buyer transactions!  We are still seeing multiple offer situations on the lowest price range homes as well as bank owned homes in most price ranges.  From June‘08 to June ‘09 the median price is down 12.16%.

SNOHOMISH COUNTY
In Snohomish County, the number of sales rose 8% from May ‘09.  The average price of a residence is 11.61% lower than June ‘08. The rate of price drops is slowing.

Please remember that these numbers are county wide trends, and that real estate pricing is very localized and can also be affected by the owner’s situation.
Please call us for a closer look at properties that interest you.

Lynette Hensley

Here are downloadable PDF’s:
Real Estate Market updates for King, Snohomish Counties:
King County

Snohomish County

Compiled by our title partner, from MLS statistics.

Lynette Hensley, Associate Broker, Realtor
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May 2009 Seattle Area Market Updates

KING COUNTY
In King County, number of sales increased by 30.6% over April which is a sharp rise month over month.  First time homebuyers carry the day, and we are experiencing a sharp uptick in activity in our own business as well as hearing the same from other area professionals.  Multiple offer situations are common on the lowest price range homes as well as bank owned homes in most price ranges.  Competition is sharp for bank inventory as it’s released onto the market.  Well maintained move-in ready homes are also at a premium, and competition is fierce in the $150- 350K price ranges with multiple buyers for desirable properties.  From May‘08 to May ‘09 average prices are down 14.77%. 

SNOHOMISH COUNTY
In Snohomish County, the number of sales rose 26.7% from March ‘09.  The average price of a residence is 11.42% lower than May ‘08.  The rate of price drops is slowing.

Please remember that these numbers are county wide trends, and that real estate pricing is very localized and can also be affected by the owner’s situation.
Please call us for a closer look at properties that interest you.

Lynette Hensley

Here are downloadable PDF’s:
Real Estate Market updates for King, Snohomish Counties:
King County

Snohomish County

Compiled by our title partner, from MLS statistics.

Lynette Hensley, Associate Broker, Realtor
Back to our website

April 2009 Seattle Market Updates

KING COUNTY
In King County, number of sales increased by 3.7% over March showing a seasonal rise, and also favorable market changes with some tax help for first time homebuyers.  From April ‘08 to April ‘09 average prices are down 15.27%.

SNOHOMISH COUNTY
In Snohomish County, the number of sales rose 13.6% from March ‘09.  The average price of a residence is 14.29% lower than April ‘08.

Please remember that these numbers are county wide trends, and that real estate pricing is very localized and can also be affected by the owner’s situation.
Please call us for a closer look at properties that interest you.

Lynette Hensley

Here are downloadable PDF’s:
Real Estate Market updates for King, Snohomish Counties:
King County

Snohomish County

Compiled by our title partner, from MLS statistics.

Lynette Hensley, Associate Broker, Realtor
Back to our website

March 2009 Seattle Market Updates

In King County, the number of residential sales increased in March by 30% over February 09, which shows a continuing seasonal rise as well as low rates and the first time home buyer tax credit coming into play.

From March ‘08 to March ‘09 average prices were down 12%.

Again this month, the most active price range for resale homes is $300,000-$350,000. Second most active is $350,000 to $400,000.

The most active price range for new construction homes is $600,000 to $750,000, and the second most active is $500,000 to $600,000.

In Snohomish county, the number of sales rose 55% from February ‘09.

The average price of a residence is 13% lower than March ‘08.

The most active price range for resale homes is $300,000 to $350,000. Second most active price range is $225,000 to $250,000.

In the new construction arena, the most active price range is $300,000 to $350,000. In second place, $225,000 to $250,000.

Please remember that these numbers are county wide trends, and that real estate pricing is very localized and can also be affected by the owner’s situation. Please call us for a closer look at properties that interest you.

Lynette Hensley

Here are the March 2009 Real Estate Market updates for King, Snohomish Counties:
King County

Snohomish County

And statistics by neighborhood:
King County Neighborhoods

Snohomish County Neighborhoods

Compiled by our title partner, from MLS statistics.

Lynette Hensley, Associate Broker, Realtor
Back to our website

February 2009 Seattle Market Updates

In King County,  number of sales increased by 8% over January showing a seasonal rise, and also favorable market changes with some tax help for first time homebuyers.

From February ‘08 to February ‘09 average prices are down 9%.

Not surprisingly, the most active price range for resale homes is $300,000-$350,000.  Second most active is $350,000 to $400,000.

The most active price range for new construction homes is $600,000 to $750,000, and the second most active is $750,000 to $1,000,000.

In Snohomish county, the number of sales rose 68% from January ‘09.

The average price of a residence is 15% lower than February ‘08.

The most active price range for resale homes is $300,000 to $350,000.  Second most active price range is $225,000 to $250,000.

In the new construction arena, the most active price range is $300,000 to $350,000.  In second place, $400,000 to $450,000.

Please remember that these numbers are county wide trends, and that real estate pricing is very localized and can also be affected by the owner’s situation.  Please call us for a closer look at properties that interest you.

Here are the February 2009 Real Estate Market updates for King, Snohomish Counties:
King County

Snohomish County

And statistics by neighborhood:
King County Neighborhoods

Snohomish County Neighborhoods

Compiled by our title partner, from MLS statistics.

Lynette Hensley, Associate Broker, Realtor
Back to our website

January 2009 Seattle Area Market Updates

Here are the January 2009 Real Estate Market updates for King, Snohomish and Pierce Counties:
King County
Snohomish County

And statistics by neighborhood:
King County Neighborhoods
Snohomish County Neighborhoods 

Compiled by our title partner, from MLS statistics.

Lynette Hensley, Associate Broker, Realtor
Back to our website

December ‘08 Market Updates

Here are the December 2008 Real Estate Market updates for King, Snohomish and Pierce Counties:

King County

Snohomish County

Pierce County

And statistics by neighborhood:

King County by Neighborhood

Snohomish County by Neighborhood

Pierce County by Neighborhood

Compiled by our title partner Commonwealth Title, from MLS statistics.

Lynette Hensley, Associate Broker, Realtor
Back to our website

Market Updates for November 2008

Here are the November 2008 Real Estate Market updates for King, Snohomish and Pierce Counties:

King County

Snohomish County

Pierce County

And statistics by neighborhood:

King County by Neighborhood

Snohomish County by Neighborhood

Pierce County by Neighborhood

Compiled by our title partner Commonwealth Title, from MLS statistics.

Lynette Hensley, Associate Broker, Realtor
Back to our website