| Area Market Statistics
We have compiled the following data from the MLS.
Area Market Survey for the month of June 2006 and 2007: Northwest Snohomish County
Sold June 1st to June 27th, 2007
Homes Sold = 159, Average days on market = 66
Summary Price Information
Minimum $37,500 Maximum $779,800
Average $354,366 Median $329,950
Sold June 1st to June 27th, 2006
Homes Sold = 222, Average days on market = 52
Summary Price Information
Minimum $75,000 Maximum $1,820,000
Average $339,038 Median $299,950
As you can see from the above figues, we have entered a buyer's market. The number of homes sold has decreased and homes are not selling quite as fast. However, you can also see that we are still seeing a 10% increase in housing prices for our area.
Click here for a short overview of our area market.
Opinion Editorials
Press Releases
- “Washington State continues to defy national trends in home prices, lending, and sales,” Washington REALTORS® recently stated in two press releases - one focusing on the west side of the state, the other on the east side. “Nationally home prices are down; sub-prime mortgages and foreclosures are up. But in Washington State, foreclosures and sub-prime lending occurred at lower rates than just about anywhere in the nation. Home appreciation in Washington also continues to out-perform the rest of the nation with year-to-year price increases every quarter since the spring of 1995.”
- ⇒ Washington home prices continue to increase, bucking national trends (Eastern WA)
- ⇒ Washington home prices continue to increase, bucking national trends (Western WA)
- » New survey shows Washington residents’ concern about home prices, traffic, jobs
REALTORS® Home Market and Mortgage News
Other Market News
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