2011 Market Report for Woodinville, Washington

2011 Market Report for Woodinville, Washington

2011 Market Report for Woodinville, Washington

Real estate was on a lot of peoples minds and in their conversations in 2011. Now that the year is over we can report activity, averages and trends, and make our own conclusions.

Woodinville real estate activity has been brisk, based on the experiences and reviews of the Phil Leng Team. We have sold many homes this past year, with an average market time of 49 days.

However the overall statistics in the 2011 Market Report for Woodinville are encouraging. Which of these two categories do you want to be in? The red (incomplete real estate transaction) category, or the green (complete and happy) category? Use The Phil Leng Team to facilitate your real estate needs this year, we will help you get into the Green!

The trend of median sold prices in Woodinville is inconsistent from this next graph. The median price appears to have been unpredictable in 2011.


Good news in Woodinville 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 23%. Less inventory and a greater demand creates a unique position for you.

The average Days on Market in Woodinville appears to have been going down slightly, but this next graph would not convince us there is a trend.

If you are a serious seller and need to sell, the next graph is good news. The entire 2011 Market Report for Woodinville has favorable info for you. The Months supply of inventory in Woodinville, Washington has gone down. The graph shows 57% 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 serious about selling or buying a home this year in Woodinville, retain the Phil Leng Team. We have the experiences, history and the track record to help you reach your real estate goals now.

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

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