2011 Market Report Condos for Kenmore, Washington
2011 Market Report Condos for Kenmore, Washington
Kenmore 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.
Kenmore real estate activity was 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. Apparently our marketing works.
The overall statistics for Kenmore are highly encouraging. 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 Kenmore is dramatically upward. Let's hope it's accurate and consistent!
More good news in Kenmore 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 50%.
The average Days on Market in Kenmore has enjoyed a dramatic decrease.
If you are a serious seller and need to sell, the next graph is good news. The Months supply of inventory in Kenmore, Washington has gone down. The graph shows 36% 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 Kenmore, hire the Phil Leng Team. We have the experience and the track record to help you reach your real estate goals this year.
All data for this 2011 Market Report Condos for Kenmore, Washington is from the NWMLS and is their property. Accuracy has not been independently verified.
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