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2011 Market Report Condos for Sammamish, Washington

2011 Market Report Condos for Sammamish, Washington

2011 Market Report Condos for Sammamish, Washington

Real estate and politics were on a lot of peoples minds this last year. Now that the year is over we can report activity, averages and trends in this 2011 Market Report Condos for Sammamish, Washington.

Sammamish real estate activity was brisk and picking up based on available information and the experience of the Phil Leng Team. We sold 68 homes this past year, with an average market time of 49 days.

The overall statistics for Sammamish are eye-opening. Look at the graph below. The Red bar is the number of houses for sale in any given month. The Green bar is the number of houses sold in any given month. Which of these two categories would you want to be in? (yes, it's a loaded question!) The Red category, or the Green category? If you use The Phil Leng Team, we will help you get into the sold category! Let's go Green!

2011 Market Report Condos for Sammamish, Washington

The trend of Median Sold Prices in Sammamish had significant movement in 2011. The median prices in this 2011 Market Report Condos for Sammamish, Washington have gone up 22% through 2011.

2011 Market Report Condos for Sammamish, Washington

The number of New Properties going for Sale every month in Sammamish trended down. The number of new listings every month in this 2011 Market Report Condos for Sammamish, Washington is down 25% year-over-year. If you like your house, and do not need to sell it in the next 5-10 years, why put it up for sale?

2011 Market Report Condos for Sammamish, Washington

The average Days on Market in Sammamish
2011 Market Report Condos for Sammamish, Washington


If you are a serious seller and need to sell, the next graph is good news. The Months Supply of Inventory in Sammamish, Washington has gone down. The graph shows 78% over the year. But I believe this is a real trend from this 2011 Market Report Condos for Sammamish, Washington as those who do not really need to sell simply defer their plans until a later time.

2011 Market Report Condos for Sammamish, Washington

Conclusion? If you are a serious seller and need to sell this next year in Sammamish, 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 Sammamish, Washington is from the NWMLS and is their property. Accuracy has not been independently verified.



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Posted Friday Jan 20