Real Estate news you can use!

Check out these articles for great information about our community and the real estate industry.

New home sales hit highest level in 9 years! 

Millennials still believe in the homeownership dream even if they can’t afford to buy

Housing market across the U.S. finally starting to look healthy

MORTGAGE & FINANCE news

Salary needed to buy a home in 19 major U.S. cities

Tips for staying out of debt

Calculate how much house you can afford

HOME trends

King County’s eco-remodeling tool provide tips for going green for your next home renovation

Four colors that may hurt a home’s sales price

LOCAL news

7 percent of Puget Sound homes are underwater, compared with 12 percent nationally

A teardown a day: Bulldozing the way for bigger homes in Seattle, suburbs

BLS stats show Seattle-Tacoma-Bellevue is #7 Metro area for fastest job growth

What does Vancouver’s housing market implosion mean for Seattle?

seattle

Seattle home-sale market provides small hint of slowdown

You need an annual salary of $83K to afford a home in Seattle

Everett welcomes the film industry, an important economic driver for local businesses

WEEKLY DOSE OF awesomeness

Happy 100th Birthday U.S. National Parks

 

 I hope your week is a great one! 

Jen Murrweiss | Remax Elite | 425-422-7243

washington.jpg

Snohomish County Statistics for November

Snohomish County Home

Snohomish County Statistics as of November 30 2015

Active Inventory

Down -29% November 2015 vs. November 2014

2125 available homes currently on market -700 vs. last month.

Pending Transactions

Up 30% November 2015 vs. November 2014

1513 units -200 vs. last month

Sold Transactions

+11% November 2015 vs. November 2014

1139 units -600 than last month

Days on Market

Snohomish County Active to pending 47 days vs. 55 a year ago up 3 day from last month.

Median home price in Snohomish County 350,000 +5% last year. -12,000 from last year.

Area price % based on last Quarter

Bothell + 6%, Edmonds/Lynnwood +11%. Everett/Mukilteo +5%

Snohomish/Monroe + 11%. Lake Stevens/Granite Falls -2 %.

Marysville +10%

Possible Housing Slowdown, but Activity is Solid

 KIRKLAND, Washington (October 5, 2015) – Scarce inventory, new rules for mortgage closings and affordability concerns will likely slow home sales around Western Washington during the remaining months of 2015 and into early 2016, according to spokespersons from Northwest Multiple Listing Service.

The latest statistics from the MLS show a double-digit drop in inventory, a double-digit jump in closed sales, and a near double-digit increase in prices from a year ago, prompting one industry leader to say the trends aren’t sustainable. “We simply can’t sustain double-digit increases in sales when inventory levels continue to drop every month,” remarked OB Jacobi, president of Windermere Real Estate. “We’re on the cusp of a housing market slowdown,” he predicts.

Northwest MLS director Darin Stenvers also expects a slowdown, pointing to new rules for mortgage closings and rising interest rates as culprits.

“With the introduction of the new TRID(1) banking and closing disclosure requirements we will see longer closing timeframes for the foreseeable future. This will lead to a slowdown in closings and thus may slow the market until early or mid-2016,” explained Stenvers, the office managing broker at John L. Scott in Bellingham. Layoffs and the possibility of higher interest rates result in unpredictability for both buyers and sellers, he suggested.

Despite an expected slowdown, closed sales through the first nine months of this year are running 16.6 percent ahead of the same period a year ago, with median prices up 9.2 percent.

The MLS report for September shows pending sales continue to outnumber new listings, resulting in inventory declines in most of the 23 counties in its service area. That imbalance leads to rising prices.

Northwest MLS members reported 9,574 pending sales (mutually accepted offers) in September for a 7.9 percent increase from the year-ago figure of 8,875. Compared to August, pending sales fell 9.7 percent.

Closed sales jumped 17.5 percent, with year-over-year sales rising from 7,020 finished transactions to 8,245. Twenty of the 23 counties reported double-digit gains from a year ago.

Prices showed more variation. Area-wide, the median price on last month’s closed sales of single family homes and condos was $312,000. That’s up nearly 9.5 percent from the year-ago figure of $285,000, but down slightly from August.

Compared to the system-wide gain, prices rose at more modest rates in three of the four counties in the Puget Sound region, with Pierce County being the exception. Year-over-year prices there jumped 11 percent. Prices in Kitsap County were up only 4 percent from a year ago; in King County the gain was about 4.8 percent and in Snohomish County it was about 7.5 percent.

Single family home prices across the 23 counties in the MLS report rose nearly 7.6 percent from a year ago, from $297,500 to $320,000. Single family homes in King County commanded the highest median price at $490,250, up 6.6 percent from the year-ago figure of $460,000, but down from June’s high of $500,000.

The condo market remained hot with both sales and prices up by double digits. Members reported 1,183 closed sales during September for a gain of nearly 30 percent from a year ago. Prices on last month’s sales jumped 13 percent, from $230,000 to $260,000.

“We’re coming off one of the hottest summer housing markets on record, and the second-best September on record for sales activity in the four-county area,” said J. Lennox Scott, chairman and CEO of John L. Scott. He attributes part of the surge to an interest rates drop in May, and the anticipation of rates increasing in the near future.

Dwindling inventory continues to be a drag on activity, but some brokers believe new construction activity is encouraging. Stenvers said new housing starts could help boost inventory in many markets during the coming months.

For now, new listings are drawing “quick action” when they come on the market, said Scott, adding, “We are virtually sold out of inventory.”

MLS members added 8,772 new listings during September, down slightly from the year ago total of 8,878. At month end, there were 19,724 active listings in the database, down 23.3 percent from the same time a year ago when inventory totaled 25,717 properties.

“We’re selling everything before buyers can turn around,” commented Dick Beeson, principal managing broker at RE/MAX Professionals in Tacoma and a member of the Northwest MLS board of directors. Figures showing the ratio of listings to sales, known as months of supply, tend to support his belief.

For September, the MLS reported 2.39 months of supply system-wide, about the same as the figure for August. The shortages were most acute in King County, with about 1.4 months of supply, and Snohomish County, with about 1.9 months of supply. Industry experts use a range of four-to-six months as an indicator of a balanced market.

“The frenzied market on the Seattle side is taking a toll on Kitsap home prices,” said MLS chairman Frank Wilson, the branch managing broker at John L. Scott in Poulsbo. Prices there rose 4 percent from a year ago. He reported good traffic at open houses in Kitsap County, quick acting buyers when a new listing appears, many multiple offer situations, and an increase in investor interest.

“Since new listings coming to market usually slow during the fourth quarter, we are looking at a severe shortage of inventory heading in to the spring market of 2016,” Wilson remarked. Like others on the MLS board, he said serious buyers need to be prepared to take immediate action when they find a home they like.

“In preparation, buyers need to meet with a lender, find an inspector, check with their insurance agent, and get their financial house in order so they can move aggressively,” Wilson advised.

Scott said house-hunters who procrastinate may be disappointed. “If you’re looking for a home this winter, the number of listings coming on the market each month will drop approximately 50 percent every 30 days compared to spring and summer months,” he predicts.

Brokers say opportunities still exist for buyers who have missed out on homes during multiple offer situations.

Some buyers who are weary of bidding wars are looking in areas where multiple offers are less common, said MLS director George Moorhead. Also, buyers who consider homes that have been on the market more than 120 days are negotiating much better terms without the competition of other buyers,” he reported.

Scott also recommended alternatives for frustrated buyers. “There are still opportunities to take advantage of low interest rates by taking a second look at homes that have been on the market for more than a month. If you don’t mind doing some fix up, you can negotiate the price and avoid multiple offer scenarios,” he stated.

Beeson suggested inventory shortages could be eased if expired listings are re-listed. Not every home sells once it’s listed, he noted. His analysis shows more than 2,600 listings have expired in the tri-county area so far this year. “These are sellers who need coaching on pricing,” he believes.

Even though they’ll face longer commutes, Moorhead said buyers who are feeling squeezed by the lack of inventory are extending their search areas farther than before in hopes of finding a home at an affordable price. These buyers hope to sell the home in the outlying area within five years and purchase another home closer in. “This calculated move hasn’t really been a conversation in the past,” said Moorhead, the designated broker and owner at Bentley Properties in Bothell.

Bobbie Chipman, principal managing broker at John L. Scott’s Puyallup office, said statistics strongly indicate buyers must be strategic in the current market in order to be successful. “If buyers have a home to sell in order to purchase, they should consider selling, then prepare to live in temporary housing while looking for the right home to purchase,” she suggested.

Buyers without a home to sell may be better positioned to have their offer accepted, believes Chipman, a member of the Northwest MLS board of directors. “These buyers should look at both active status listings and contingent listings to expand their choices,” she explained.

Northwest Multiple Listing Service, owned by its member real estate firms, is the largest full-service MLS in the Northwest. Its membership includes more than 23,000 real estate brokers. The organization, based in Kirkland, Wash., currently serves 23 counties in Washington state.

(1) TRID is the TILA RESPA Integrated Disclosure rule that became effective 10/3/15. New forms are required for any transaction involving a mortgage. See: TRID.

Statistical Summary By Counties
Market Activity Summary and 4-County Puget Sound Region Pending Sales (PDF)

This information provided by the NWMLS.

WEEKLY DOSE OF Real Estate Awesomeness

Pittock_Mansion

Pittock Mansion in Oregon

INFO THAT HITS US WHERE WE LIVE… It seems like more than a few observers are beating on the housing market trying to transform it into a disaster that it isn’t. For example, some jumped all over the 1% drop in the Pending Home Sales index for August. But this measure of contract signings is still above 100, considered an average level of activity, for the fourth month in a row. It’s also at the second highest level since last August. The National Association of Realtors chief economist sees contract signings holding steady, with fewer investors and distressed sales causing the dip. He said, “…the market is shifting more towards traditional and first-time buyers who rely on mortgages to purchase a home.”

U.S. home sales at six-year high in August

U.S. home price gains at slowest pace in 20 months

DID YOU KNOW?… The National Association of Realtors reports that last year, 27% of first-time home buyers received a cash gift from relatives or friends to come up with a down payment.

5 home buying trends for 2015

5 expenses every home buyer should expect

A few things to consider doing before you buy a home

Hope you take a look at one of all of these great articles and of course lets put in something fun! Since it is October how about

11 “Real” Haunted Houses to Visit—If You Dare!

Friday’s Quick Real Estate Tips

 

Quickly calculate if your home was a good investment

Top 10 things you need to know when buying a house

Short and Sweet Real Estate News

Buyers hope to make their offer stand apart with personal appeals to sellers

7 things buyers love and seller’s fail to mention

 

And just for fun do you know its the Great American Backyard Campout this weekend? If its not raining this weekend try it and have some fun!

 

Mortgages may be easier to get than potential home buyers believe

Many potential buyers think they need near-perfect credit scores to get a home loan. But lenders may be loosening their tight underwriting standards.

WASHINGTON — Are you on the home-buying sidelines this spring because you think you won’t be able to qualify for a mortgage? Do you know what sort of FICO credit scores are being accepted by lenders at the moment — they’re lower than they were a year ago — and whether yours could now be good enough?

You may be part of the surprisingly large crowd of folks who fear the home-loan unknown. A new national consumer survey found that 56% of potential purchasers of homes say they’re out of the market because they don’t want to face the possibility of rejection by lenders. Even 30% of current homeowners believe that they wouldn’t pass muster today.

Using a statistical sample of 1,055 Americans 18 and older, survey research firm OmniTel, polling on behalf of mortgage lender LoanDepot, documented widespread uncertainty and lack of specific knowledge about current market conditions when it comes to qualifying to buy a home. According to the survey, 74% of potential buyers who would need a mortgage concede that they have not scoped out the current market or taken the steps needed to qualify.

Many potential buyers believe that they need near-perfect credit scores to get a home loan. Half of those surveyed said they had no idea what minimum FICO score is needed for a mortgage, and nearly a fifth (18%) said the minimum score might be 770 or higher.

Debt-to-income ratios are another insurmountable obstacle in many potential buyers’ eyes — enough so that they don’t even try to obtain a mortgage.

Most lenders use two forms of debt ratios: a “front end” ratio that compares the monthly costs of the proposed new mortgage and other housing expenses with the applicant’s monthly income, and a “back end” ratio comparing all recurring monthly debt obligations — housing expenses, student loans, credit cards and the like — with the applicant’s monthly income. Roughly a third of potential buyers on the sidelines believe that their debt ratios are too high.

But what’s the statistical reality on debt ratios, FICO score minimums and down payments? What are lenders approving?

The best answers come from a company called Ellie Mae, whose loan origination and tracking software is widely used by lenders. Every month Ellie Mae analyzes a huge sample of new mortgage originations nationwide and issues an overview report rich with the sort of detail that buyers sitting on the sidelines could use.

Here’s what it found in its report on March:

•Thirty-three percent of new loans last month had borrower FICO scores below 700. A year ago it was just 27%. (FICO scores max out at 850, which is considered excellent credit; applicants with scores under 700 present higher credit risks to lenders.) Federal Housing Administration-insured home purchase loans had an average FICO in March of 684. Conventional mortgages, those designed for purchase by investors Fannie Mae and Freddie Mac, still have relatively high FICOs — they averaged 755 in March, but that was down slightly from 759 a year before. Lenders are doing far fewer refinancings this year, so they are loosening up on FICO minimums for purchasers.

•Debt ratios also are more generous than many sidelined potential borrowers probably imagine. The FHA’s average front-end (housing costs) ratio last month for purchase loans was 28%. In other words, if your projected housing and mortgage-related costs represent 28% of monthly income, you’re average. Fannie Mae and Freddie Mac loans averaged 22% ratios on the front end. Back-end (total recurring debt) ratios for FHA averaged 41%. For Fannie and Freddie it was lower — 34%.

•Down payments can be small if that’s what you need. FHA’s average down payment last month for home purchases was 5%, but many borrowers put down just 3.5%. Fannie and Freddie allow 5% down as well, provided that you can pay mortgage insurance premiums. VA loans can go to zero down if your veterans status allows you to qualify. Department of Agriculture home buyer loans, which are designed for people who live in small towns, also allow for no down payments.

The point here: If you’re on the sidelines, check out what’s really going on in the mortgage market. There may be more opportunities — even in an era of tighter underwriting — than you think.

Article by Ken Harvey

News You Can Use~ Mortgage Rates 4.27%

Check out these articles for great information about our community and the real estate industry.

MORTGAGE & FINANCE news

10 reasons to take the plunge into homeownership

http://money.usnews.com/money/personal-finance/articles/2014/04/15/when-homeowners-are-better-off-than-renters

Americans now consider real estate best option for long-term investments

http://www.gallup.com/poll/168554/americans-sold-real-estate-best-long-term-investment.aspx

Average 30-year mortgage rate falls to 4.27%

http://www.usatoday.com/story/money/personalfinance/2014/04/17/mortgage-rates/7823375/

Earth Day: Energy-efficient mortgages have you spending now to save money later

http://money.usnews.com/money/blogs/my-money/2014/02/07/how-an-energy-efficient-mortgage-can-save-you-money

REAL ESTATE news

Is your home ready for your retirement?

http://realestate.aol.com/blog/2014/04/18/home-remodel-design-aging-in-place/

10 home feature trends for 2014

http://www.cbsnews.com/media/10-home-feature-trends-for-2014/10/

 

earth day

Earth Day: 15 tips to make your home more green

http://blog.redfin.com/blog/2014/04/15-tips-to-make-your-home-more-green.html

LOCAL news

Price gains in 2014 don’t indicate a bubble, correction and inflation the cause of increases

http://blog.seattlepi.com/seattlewaterfronthomes/2014/04/15/is-there-a-real-estate-bubble-in-seattle-inflation-and-11-of-our-home-equity-says-no/

Pierce County still cheaper to buy than rent a home

http://www.thenewstribune.com/2014/02/19/3056712/in-pierce-thurston-counties-its.html?sp=/99/261/273/

Earth Day: Downtown Bellevue and Seattle’s Columbia City among top 10 green neighborhoods in the nation

http://blog.redfin.com/blog/2014/04/top-10-neighborhoods-for-green-homes.html#.U1SWO-aMWRM

WEEKLY DOSE OF awesomeness

Did you know Earth Day was first announced in 1969 at a conference in Seattle?

http://www.history.com/topics/holidays/earth-day

Earth Day: 3 free apps to help you go green

http://parade.condenast.com/280529/viannguyen/3-free-apps-to-help-you-go-green-this-earth-day/

 

 

Real Estate News

Here are some top articles with Real Estate quick stats and “should knows” if thinking of buying or selling this spring.

Short and Sweet Real Estate News

Single family starts were up a strong 6.0% in March and are up 9.1% over the last two months. The 5-month moving average is the highest since July 2008. Plus, the number of homes under construction (started but not finished) is up 21% over a year ago!

March listings on realtor.com were up 9.5% from a year ago. In addition to better selection, buyers get more time to decide. The median age of inventory was 102 days.

Good News!! So how about those loans? 

Mortgage Lenders Ease Rules for Home Buyers in Hunt for Business

While standards remain tight by historical measures, lenders have started to accept lower credit scores and to reduce down-payment requirements.

Another sign that banks could get less picky: Credit scores for borrowers seeking conventional mortgages also are easing. Scores on purchase mortgages stood at 755 in March, down from 761 a year earlier, according to data from Ellie Mae, a mortgage-software provider. Those on purchase loans backed by the FHA dropped to 684, compared with 696 one year earlier. …

Smaller lenders are accepting even lower scores. Average credit scores on purchase loans closed through a consortium called LendingTree fell to 679 in March, down from the year-earlier 715.

“Tiny fractions of borrowers can do things that they could not a year ago,” said Lou Barnes, a mortgage banker in Boulder, Colo.

No one wants a return to the loose lending standards of the mid-00s – and I hope we never see another Alt-A loan – but I expect standards to loosen over the next few years. From Nick Timiraos and AnnaMaria Andriotis at the WSJ

And finally are you thinking of buying or selling? Here are some great articles and information from Zillow.

Home Shopping Season is Here
Spring marks the start of the home shopping season, when more houses typically come on the market and more buyers are searching for a home. Check out our tips below to ease your home shopping or selling experience.

Strategies for Buyers

Advice for Sellers

 

Monthly Mortgage News

News from NW Multiple Listing Service
FOR IMMEDIATE RELEASE: November 5, 2013
Home sales “pause” with government shutdown,
but brokers mostly bullish on market recovery

Kirkland, WA – November 5, 2013. Home sales “paused” during October but prices continued to rise, according to the latest statistics from Northwest Multiple Listing Service. Commenting on year-to-date totals for 2013 compared to 2012, one industry expert remarked, “I would say the real estate market is recovering nicely.”
Pending sales during October dipped 2.7 percent when compared to the same month a year ago, but rose nearly 3.2 percent from September’s volume. October’s decline was the first negative change in year-over-year comparisons since April 2011. (That drop-off was attributed in part to a frenzy during April 2010 when buyers were scrambling to take advantage of a federal tax credit that was expiring.) 
Brokers point to the federal shutdown during the first two weeks of October, below-normal inventory, and shaken consumer confidence as factors in the slowdown.
MLS figures summarizing last month’s activity across the 21 counties in its service area show year-over-year improvement in inventory (up 5.5 percent), double-digit increases in the volume of closed sales (up 12.5 percent), and moderate increases in selling prices (up 7.7 percent).
Mike Gain, president and CEO of Prudential Northwest Realty Associates, believes the market has taken a “slight pause,” but emphasized one month’s numbers don’t indicate a trend.
“We are two years into what has been a very steady recovery. It’s okay – and actually healthy – to have a slight slowdown,” he remarked. The government shutdown “definitely hurt consumer confidence” and put many would-be buyers on the sidelines, according to Gain.
Consumer confidence “deteriorated considerably” in October as a result of the shutdown and debt ceiling squabbles, according to The Conference Board. A recent Gallup poll found some improvement in Americans’ economic confidence, but reported it is still well below mid-September, before the shutdown.
Gain said despite improving inventory the limited supply of homes for sale is also hampering sales. “Numerous buyers are looking but just can’t find the right home to fit their needs,” he reported.
Northwest MLS brokers reported 8,086 pending sales during October, down from the year-ago total of 8,312 sales, but outgaining the number of mutually accepted offers in September by 247 transactions for a 3.2 percent increase. Eleven counties had fewer pending sales last month versus a year ago.
In King and Snohomish counties the “torrid pace” of home sales activity has eased to a “healthy/strong level,” observed J. Lennox Scott, chairman and CEO of John L. Scott Real Estate. He believes the housing market is transitioning from a recovery market to a sustainable mode.
Prices on sales that closed last month rose 7.7 percent ($19,375) from a year ago. Area-wide, the median price for single family homes and condominiums (combined) was $271,000.
Homes that sold in San Juan County last month fetched the highest median price at $384,000, up 17.2 percent from a year ago. King County prices were slightly lower at $380,000, about 11 percent more than the median price of a year ago.
For single family homes only (excluding condos), King County prices topped the list. The median price for last month’s completed sales was $426,000, or 15.1 percent higher than the year-ago selling price of $370,000. System-wide, the median price for single family homes (only) was $283,000, about 8.4 percent higher than twelve months ago when it was $261,050.
Gain said the increases reflect a healthy and stabilizing real estate market. “It is good to see the prices rising modestly, allowing the market to become more balanced,” he stated.
Northwest MLS director George Moorhead agreed, saying more moderate and balanced growth helps “mitigate huge home price fluctuations.” The slowdown is also reflected in the time it is taking listings to sell, he noted. “We are seeing inventory staying on the market longer, which will continue through the holiday season until late January to mid-February,” said Moorhead, the managing broker at Bentley Properties in Bothell.
More inventory is still needed to meet demand, suggested Dick Beeson, principal managing broker at RE/MAX Professionals in Tacoma and a past chairman of the Northwest MLS board of directors. In Pierce County, where his office is located, inventory is about even with year-ago levels, but 2,019 more sales have closed so far this year for a jump of 25.4 percent.
Three counties – King, Pierce and Snohomish – have less than three months of supply, well below the 4-to-6 month level that is generally considered to be an indicator of a balanced market.
“It still looks like a potential housing shortage in Puget Sound come 2015 if building doesn’t increase,” Beeson commented.
At least one segment of the new construction market shows signs of rebounding: condominiums.
“Most residential developers went into hibernation during the real estate bear market of the past five years, but this past month heralded a bullish resurgence of several developments,” said John Deely, a member of the Northwest MLS board of directors. Last month was like spring in the South Lake Union neighborhood, he reported.
Deely, the principal managing broker at Coldwell Banker Bain in Seattle, cited the opening of sales for a new 41-story condominium community and the restart of two other major residential developments as positive indicators. The projects include a high-rise residential development near the Space Needle and the restart of a hotel-condo building in the Denny Triangle area of downtown Seattle. “This is good news as the market is starving for new condominium inventory,” he stated.
Beeson also commented on upticks in condo activity.  He said some condo developers who placed units in the rental pool during the 2008-2010 downturn are converting them back to for-sale housing and trying to sell them in today’s improved market. “The price points have still not returned to 2006-2007 levels but the chance to move some product now exists,” he commented.
MLS brokers added more than 1,000 new listings to condo inventory last month, a jump of 24.3 percent from a year ago. Total inventory is 9.1 percent higher than at this time last year. Closed sales during October jumped 15.3 percent, with prices rising about 5.3 percent.
Condos that closed during October had a median price of $200,000. In King County, which accounted for about two-thirds of those sales, the median price was $234,000.
“The real estate market has been moving in the right direction,” observed Gain, adding, “It has been a huge improvement over the past several years.” To underscore his point, he noted pending sales year-to-date are up by nearly 6,000 units (at 5,994) for a 7.3 percent increase. YTD closed sales are already up 10,167 units from a year ago for an increase of almost 19 percent (18.8), and prices are up by $27,000 for an increase of 11.1 percent. “I would say the real estate market is recovering nicely,” he concluded.

Northwest Multiple Listing Service, owned by its member real estate firms, is the largest full-service MLS in the Northwest. Its membership includes more than 21,000 real estate brokers. The organization, based in Kirkland, Wash., currently serves 21 counties in Washington state.


Statistical Summary by Counties: Market Activity Summary – October 2013
Single
Family
Homes
+ Condos
LISTINGS PENDING
SALES
CLOSED SALES MONTHS
SUPPLY
New
Listings
Total
Active
# Pending
Sales
#
Closings
Avg.
Price
Median
Price
 
King
3,047
5,799
3,306
2,798
$461,138
$380,000
1.75
Snohomish
1,217
2,629
1,219
1,041
$293,894
$270,000
2.16
Pierce
1,217
3,571
1,324
1,014
$236,761
$217,898
2.70
Kitsap
400
1,483
373
328
$286,658
$244,975
3.98
Mason
113
710
91
75
$194,380
$165,800
7.80
Skagit
174
796
180
150
$268,572
$232,710
4.42
Grays Hbr
115
757
109
77
$121,497
$118,000
6.94
Lewis
89
696
79
54
$156,788
$148,700
8.81
Cowlitz
111
456
114
107
$172,207
$153,000
4.00
Grant
102
501
74
54
$161,476
$148,000
6.77
Thurston
380
1,276
370
302
$222,805
$203,495
3.45
San Juan
27
389
22
25
$450,260
$384,000
17.68
Island
150
757
139
112
$270,065
$255,000
5.45
Kittitas
64
440
57
60
$238,981
$201,675
7.72
Jefferson
52
428
58
38
$259,120
$267,000
7.38
Okanogan
54
482
34
23
$211,470
$128,000
14.18
Whatcom
272
1,440
276
280
$282,221
$249,000
5.22
Clark
60
207
55
36
$269,104
$239,000
3.76
Pacific
44
429
37
31
$142,745
$124,000
11.59
Ferry
8
69
2
3
$89,667
$79,000
34.50
Clallam
56
397
63
58
$216,245
$200,000
6.30
Others
142
679
104
86
$222,125
$194,500
6.53
MLS TOTAL
7,894
24,391
8,086
6,752
$339,607
$271,000
3.02
4-County Puget Sound Region Pending Sales (SFH + Condo combined)
(Totals include King, Snohomish, Pierce & Kitsap counties)
  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2000 3706 4778 5903 5116 5490 5079 4928 5432 4569 4675 4126 3166
2001 4334 5056 5722 5399 5631 5568 5434 5544 4040 4387 4155 3430
2002 4293 4735 5569 5436 6131 5212 5525 6215 5394 5777 4966 4153
2003 4746 5290 6889 6837 7148 7202 7673 7135 6698 6552 4904 4454
2004 4521 6284 8073 7910 7888 8186 7583 7464 6984 6761 6228 5195
2005 5426 6833 8801 8420 8610 8896 8207 8784 7561 7157 6188 4837
2006 5275 6032 8174 7651 8411 8094 7121 7692 6216 6403 5292 4346
2007 4869 6239 7192 6974 7311 6876 6371 5580 4153 4447 3896 2975
2008 3291 4167 4520 4624 4526 4765 4580 4584 4445 3346 2841 2432
2009 3250 3407 4262 5372 5498 5963 5551 5764 5825 5702 3829 3440
2010 4381 5211 6821 7368 4058 4239 4306 4520 4350 4376 3938 3474
2011 4272 4767 6049 5732 5963 5868 5657 5944 5299 5384 4814 4197
2012 4921 6069 7386 7015 7295 6733 6489 6341 5871 6453 5188 4181
2013 5548 6095 7400 7462 7743 7374 7264 6916 5951 6222
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