Snohomish County monthly real estate stats

September 20, 2016| Snohomish County Homes INC.

 Snohomish County Home

Snohomish County Statistics as of August 2016

Active Inventory: +13% Aug 2016 vs. Aug 2015

2009 available homes currently on market -46 vs. last month.

Pending Transactions: Up 14% Aug 2016 vs. Aug 2015

2071 units +94 vs. last month

Sold Transactions:+7% Aug 2016 vs. 2016

1748 units +75 than last month

Days on Market

Snohomish County Active to pending 26 days vs. 35 a year ago up 2 days from last month.

Median home price in Snohomish County is at a record high of $395,000!!!  +9% last year.  Down $3,000 from last month.

Area price % based on last Quarter

Bothell + 11%, Edmonds/Lynnwood +7%. Everett/Mukilteo +7%

Snohomish/Monroe+ 13%. Lake Stevens/Granite Falls +6%.

Marysville +14%

Snohomish County Statistics July 2016

Snohomish County HomeSnohomish County HomeSnohomish County Home

Active Inventory

Prices are up 5% over last year same time July 2016 vs. July 2015

2141 brand new listings in July that is up 53 from last month. 2141 total active at the end of the month.

Pending Transactions

Up +3% July 2016 vs. July 2015

2079 units went pending last month that is 62 less however than June.  

Sold Transactions

+9% July 2016 vs. July 2015.

1673 units +11 more than last month

Days on Market

Snohomish County Active to pending 25 days vs. 36 a year ago. Incredible!

Median home price in Snohomish County $387,000!!

Median home price in King County $523,000. Snohomish county is gaining however the gap between King and Snohomish is growing.

Months of inventory

If no additional homes would be put on the market, there would be no inventory left after 1.25 months in Snohomish County. In King County that figure is 1.2 months. A balanced “normal” market is 3-6 months. Buyers’ market more than 6 and Sellers less than 3 months.

Area price % growth based on last Quarter

Bothell + 14%, Edmonds/Lynnwood +5%. Everett/Mukilteo +11%

Snohomish/Monroe + 11%. Lake Stevens/Granite Falls/Arlington/Darrington +7 %. Marysville +7%

New Construction is included in these percentages.  

July 2016 Market Characteristics:

  • Sellers: position your home to get premium pricing.
  • Buyers: need to be Buyer-Ready, Day-One™ to get a home in today’s market.
  • The market continues to be more intense than during the same time in year 2015.
  • Sales activity in King and Snohomish County is lower than a year ago but July 2015 was the best July on record. If we had more homes for sale, we would have had more sales activity.
  • There’s a severe shortage of homes for sale close to job centers. We are virtually sold out, and each new property on the market is getting instant action and most of the time multiple offers.
  • More new listings will lead to a higher level of sales activity.
  • Prices are increasing in the price ranges and the market areas where 90 percent of the sales activity is taking place, leading to premium pricing for sellers in those areas.
  • Interest rates continue to be in the upper threes.
  • Multiple offer everything
  • More new listings come on market from March through October than November through February.
  • More selection but also more intense.

 

Real Estate news and more

Happy Friday! I hope you enjoy this Real Estate round up of our area and other interesting articles plus some fun stuff too.seattle

REAL ESTATE news

Real estate getting bubbly but unlikely to pop, Seattle “is on fire across every sector

 

Number of million-dollar homes in Seattle area has tripled since 2012

U.S. existing home sales rise for a second straight month

MORTGAGE & FINANCE news

3 financial apps that will transform how you manage money

Will Millennials ever be able to retire?

The 7 biggest investment mistakes celebrities make

 

 fireplace

HOME trends

From ceiling space to playroom

10 tips for budget-friendly lawn care

7 weird ways to stay cool this summer

LOCAL news

Massive frozen food recall in Washington State

Seattle No. 3 on top 25 best cities to find great jobs

Seattle to host 2018 Special Olympics

Is Seattle a better bicycle city than Portland?

Seattle homes selling faster than anywhere else in the U.S.

Seattle growth was 11th fastest according to just released Census data, now 18th on list of biggest U.S. cities

Facebook unveils Frank Gehry design for its new South Lake Union offices

Snohomish County looking to increase bike tourism

Snohomish county offers top teacher salaries in the state

City of Edmonds to develop an affordable housing strategy by 2019

WEEKLY DOSE OF awesomeness

House made from cardboard for is not your kid’s refrigerator box

 

 Have a spectacular weekend everyone! 

#snohomishcountyhomes

 

 

 

Homes for Heroes~ Real Estate savings


Homes for HeroesPicture of who is elgible

What is it?

Homes for Heroes is a national program dedicated to providing extraordinary savings to heroes who provide extraordinary services to our community each and every day, when they buy or sell a home.

What are the savings?

Savings will depend on the sales price of the home. As an example, a $300,000 house would receive over $3,000 in credits and discounts from all the participating affiliates and vendors involved.

What does it cost me?

Nothing because it’s FREE. There is no cost to you. All costs are covered by your local participating vendors.

 Can I buy any home and in any area?

Yes. This is not a government program with limitations or restrictions. This is the private sector giving back simply as our way to say Thank You for all that you do every day.

Are there any other benefits or savings after my transaction is done?

Yes. Through the “Friends of Heroes” Network participating vendors will offer discounts on various other services such as moving, storage, pest, lawn care, plumbing, electrical, cleaning and remodeling to name a few. 

Are there a lot of extra applications, forms or some future obligation?   

None.  The Homes for Heroes Promise is:

No hidden fees   No red tape  No catch

How do I find out more?

Go to HOMESFORHEROES.COM or scan the QR code below on your smart phone. Let us know who you are and what you do. A local affiliate will contact you with no obligation.

My Homes Heroes

 

Taxes- What to Keep and for how long

With Tax day upon us I thought this would be a great reminder.

Taxes

Tax Returns- 7 years- Keep tax returns and all supporting tax docs. including W-2s, 1099 forms, property tax info, bank statements, mortgage interest statements, cancelled checks, receipts, home purchase, home improvement info.

Paycheck Stubs 1 year- Shred after confirming info matches W-2.

Home Ownership- Mortgage docs 10 years, After property has sold 7 years Mortgage statements 7 years, After property has sold 10 years, Repair bills/contracts 10 years.

Insurances- Home 5 years, Life of policy + 3 years, Medical 5 years

Investment/Retirement Accounts- IRA contributions permanently, 401K annual summaries- Keep until you close the account. Investment statements 7 years after last account is sold.

Permanently- Never Shred- Adoption/Guardianship Papers, Birth Certificates, Citizen/Naturalization,Health/Immunization, Lawsuits, Marriage/Divorce Decree, Pension Plan Docs.Veteran Papers.

If it is time to get rid of some of those old docs look for a shredding event near you. Here is one sponsored from BECU this Saturday.

 

Get out and enjoy the Pacific Northwest

The weather is ugly today so sitting here working on client files my mind started to wander to all the great things, activities and adventure that can be found in our great state and especially here in Snohomish County. So join me in checking out some ideas for fun stuff to do to either get out of the rain or have fun in it!

Things to do

Ski Washington  /  Ten Hikes in Snohomish County
Scuttlebutt Brewing Company  /Angel of the Winds Casino
Glacier Lanes Restaurant & Lounge  /Snohomish Golf Course
Imagine Children’s Museum  / Future of Flight Aviation Center
Flying Heritage Collection / Xfinity Arena
Wallace Falls State Park  /Monroe Historical Society & Museum
Evergreen Speedway / Mukilteo Lighthouse Park
Granite Falls Historical Museum / Blackman House Museum
Historic Everett Theatre /Boulder River Waterfall
Spencer Island  /Outdoor Adventures
Canopy Tours – Ziplining /Flowing Lake Regional Park
Snohomish Public Golf Club

movies

Or if you just cant stand the rain there are some great movies out this month.

The Forest
The Revenant
Norm of the North
Ride Along 2
The Benefactor

Friday, January 22, 2016

The 5th Wave
The Boy
Exposed

Friday, January 29, 2016
Kung Fu Panda 3
The Finest Hour

sports

How about those Seahawks? We love them win or lose and hey there is always next year? So for you sports fanatics

Football (Seattle)
Baseball (Seattle)
Minor League Baseball (Everett)
Hockey (Seattle)
Hockey (Everett)

COLLEGE
UW Huskies
Washington State Cougars

Whatever you do have fun and stay dry!

Jen Murrweiss ~Snohomish County Homes Real Estate

 

Countdown to Christmas and spotlight on homes ~ December 8th

Bothell is known for its great schools in the Northshore district and many I have assisted in finding a home have been surprised at what a fight it is to get a home there. Most always homes have multiple offers and you have to be persistent. Today I have two homes for you. The first is one heck of a deal and only one picture.  The second is a average home for sale in the Bothell area.

Bothell

Bothell- $195,990. Opportunity! Attn: Investors, Builders, custom home prospects. Level, aprx. .66 acre lot with new septic system. Rehab the existing 3 bedroom/1 bath home or tear down and start over with your dream home. Attn: Mechanics – Apx. 960sf outbuilding/garage included. Nice surrounding home and neighborhood, near new Bothell High School.

Bothell-$344,950-Beautiful updated 3 bed 1.5 bath home is move in ready! Features new white millwork, hardwood floors, cabinets, granite, carpet, fixtures and all new paint. Enjoy the open kitchen with island eating bar and new stainless appliances. Back slider door leads to large deck and a large level fenced yard. Lower level has large family room, 1/2 bath, utility room and another door to yard. Other features include new gas furnace, roof and windows. 2 car garage with lots of parking. Hurry on this one!

Bothell Bothell1 Bothell2

Holidays– Here is one and something I have learned the hard way. Write down where you have hidden the gifts. I swear the last few years I always lose a few and then end up finding months later. One year I even gave one of my boys a lego set that was supposed to be for Christmas in his Easter basket! Think you’ll remember? I always thought I would too but NOT!

Go See those lights. Link here to 9 De-Lightful Neighborhood Light Displays

Last Tip!
Have you ever heard of Froogle.com (powered by Google)? to compare prices quickly across online and offline retailers. Check it out! I just did because the store ran out of Skylanders. Wish me luck!

Happy Holidays!

snohomishcountyhomesinc.com

Countdown to Christmas and spotlight on homes~ December 6th

Have you ever gone to Gold Bar and hiked Wallace Falls? Great hike for the family and beautiful view.

Gold Bar– $179,900 Wonderful Bank Owned Rambler with designer touches. Recessed entry and vaulted ceilings. Cozy propane fireplace. Hardwood floors. 2 Car Garage.

Gold BarGoldbar1goldbar2

Ten Tips for a Stress-Free Holiday Season

  • Prune the to-do list. Ask “if I don’t do this, what will happen? “Aim to knock down the list of chores to the rock-bottom necessity.
  • Cut the gift list. Rein in gift exchanges that have been outgrown or lost their meaning. Limit gifts to children only, draw names, or organize a gift exchange.
  • Wrap as you go. Who needs to spend Christmas Eve catching up on wrapping chores? Sticky notes will help you keep track of gift contents.
  • Buy, don’t bake. Turn your back on the oven this year. Supermarkets, bakeries and the freezer department at the discount warehouse are a great source of delicious, pre-baked holiday treats. Costco here I come!
  • Email your cards. Reach out and touch someone-the easy way. Online greeting cards are easy, inexpensive and fun to send. No more lines at the post office! I would not suggest this for close family however. I know my parents would NOT appreciate an email card versus a real one with a picture of the kids. Of course use your judgment.
  • Scale back the décor. Substitute a simple door wreath for outdoor lighting and a tabletop tree for the over the top Tannenbaum. You can bring a festive feel to the house without day-long decorating sessions.
  • Cut the clean-a-thon. Focus cleaning attention on kitchen and public rooms; private areas can slide till season’s end. Better to schedule deep-cleaning chores like carpet cleaning until after the wear-and-tear of the holiday season.
  • Downsize dishwashing. Hand washing fine china is nobody’s idea of a good time, so move to everyday stoneware. Simpler still: paper plates!
  • Finger food, not feast. A smorgasbord of tasty tidbits is easier on the cook and kinder to the waistline that a sit-down dinner. Share the work by hosting pot-luck events.
  • Stay home! Cuddling down close to the hearth beats holiday travel any day. A holiday “stay cation” allows for evening drives to see the lights, family camp-outs in front of the Christmas tree, and evenings spent with carols and popcorn. Fun!

Happy Holidays

www.snohomishcountyhomesinc.com