2011 Market Report Condos for Everett, Washington

2011 Market Report Condos for Everett, Washington

2011 Market Report for Everett, Washington

Everett real estate was on a lot of peoples minds this last year. Now that the year is over we can report activity, averages and trends.

Everett condo activity as brisk and picking up based on the available information and the experience of the Phil Leng Team. We have sold many homes this past year, with an average market time of 49 days. Our marketing, networking and advertising helps our clients achieve their goals in the most timely fashion available.

However the overall statistics for Everett are sobering. Which of these two categories do you want to be in? The red category, or the green category? If you use The Phil Leng Team to sell your property this year, we will help you get into the sold category. Let's go Green!



The trend of median sold prices in Everett is down significantly from this next graph. The median price appears to have decreased 55% through 2011.



Perhaps the good news in Everett is that the number of new properties going for sale every month has been dropping over the last year. It looks like the trend of new listings every month is down 37%.



The average Days on Market in Everett appears to have risen, but one quarter does not a trend make.



If you are a serious seller and need to sell, the next graph is good news. The Months supply of inventory in Everett Washington has gone down. The graph shows 80% over the year, however it will not actually be by that much once the properties come on the market this spring.


Conclusion: If you are a serious seller and need to sell this next year in Everett, hire the Phil Leng Team. We have the technology,k experience and the track record to help you reach your real estate goals this year.

All data for this 2011 Market Report Condos for Everett, Washington is from the NWMLS and is their property. Accuracy has not been independently verified.

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