Marysville, WA

Marysville WA Real Estate and homes for sale. The Real Estate Market is not a national market, but a local one. Each area is different depending on job growth and housing supply.
In some areas, it's a seller's market. In other areas, it's a buyer's market. Some areas are neutral.
The fact remains that while there are more homes on the market and they are taking slightly longer to sell, the market is not nearly as bad as the media would like you to believe.
I personally believe what we are seeing is a NORMAL market for Marysville Washington real estate. Marysville area homes for sale aren't being snatched up in the first few days and they are not selling for more than the list price.
I think many people (including the media) thought that our past HOT market in Marysville was normal.
As the following numbers will show.

Area Market Statistics
Marysville WA homes sold in the 4th Quarter of 2007: 209
Median Market time: 62 days
Median Sale price: $302,000

Marysville homes sold in the 4th Quarter 2006: 321
Median market time: 34 days
Median Sale price: $296,500

While we may not have seen an significant increase in values, home prices are not going down.
For those who are waiting to see when prices will bottom out, you may be missing the boat.
I believe that as the market picks-up in other parts of the country, we may be looking at another large increase in home values. This could put many out of the market.
With interest rates near all-time lows, now could be the best time to purchase your next home or investment property.

We would like to also let you know that we have seen in increase in buyer activity over the past few weeks as more buyers are beginning to search for homes.

For information on the real estate market and homes for sale in specific areas of Snohomish County County, including Everett, Marysville, Snohomish, Monroe, Lake Stevens, Granite Falls, Arlington, and Stanwood
Please visit our website at www.barbsbestbuys.com. If you would like to recieve information on other areas in northwest Washington, please send us an email and we would be happy to check the statistics in your area.

If you are considering buying or selling a home in Snohomish County or other nearby areas please give us a call.

Let's close 2007 with a quick snapshot of what is going on in our market place today.

The supply and demand in real estate is best gauged by looking at the number of pending sales. Here is a snapshot of what our market looks like today in Marysville for residential homes.

What does this data mean? Well, in Marysville there is only a 5.5 month supply of inventory. That is a nice balanced number.

It means if you are looking to sell your home, and you are in the $200,000-$300,000 range, then make sure you price it right and spend time sprucing it up. Then, get ready to move because the average days on market is below 90.

If you are a buyer, you have a lot of options. Don't wait too long because your dream home may be sold quickly. Homes that are priced right and in top condition sell first and you don't want to miss your opportunity.

If you are thinking about selling your home in or moving to Marysville, give me a call.

Jen Hudson, GRI (360) 652-1200 or jen@jenhudsonhomes.com