Real Estate Market Statistics for Lynnwood, Washington
For today's market update we are looking at what single family homes
are selling in Lynnwood, WA. These numbers come from our MLS,
are current as of this morning and cover the last 180 days of activity.
Do bear in mind that there is likely less activity in the
last 180 than in the rest of the year due to the holiday season.
|
2 Bedrooms |
3 Bedrooms |
4 Bedrooms |
5+ Bedrooms |
All Bedrooms |
| # of Units Sold |
8 |
136 |
99 |
39 |
282 |
| Total Dollar Value |
$2,132,300 |
$35,264,260 |
$30,705,335 |
$13,657,283 |
$81,759,178 |
| Average List Price |
$276,725 |
$266,957 |
$316,743 |
$352,293 |
$296,514 |
| Average Sold Price |
$266,538 |
$259,296 |
$310,155 |
$350,187 |
$289,926 |
| Average Market Time |
85 |
73 |
75 |
67 |
73 |
| Average Square Feet |
1500 |
1676 |
2178 |
2558 |
1969 |
| % of List Price |
98.33 |
97.4 |
98.07 |
100 |
97.97 |
For the properties that are selling, the market times are not bad!
The problem is that right now there are 317 single family
homes on the market in Lynnwood, so competition is pretty stiff to get
those contracts. This makes marketing and pricing VERY
important. Think about it, in 180 days only 8 two bedroom
homes sold in Lynnwood. Just over one a month!
If you are preparing to sell your home in Lynnwood, my advice is to
prepare your home as best as possible and price your home aggressively!
Considering seeling your Lynnwood, WA home?
These numbers are very general, and if you are considering selling your
Lynnwood area home, let me come by and discuss what we can do to get
your home sold and what price it will probably sell at.
You
can reach me at 425-773-3149 or email me at
Jacquie@JacquieCliff.com
to set up a time for us to meet!