In Federal Way, WA there were 59 home sales in October 2009.
Here are the averages-
The average square footage was 1844.
The average $ per square foot was $142.93.
The average days on market is 117.
The average original list price was $268,869.
The average list price at contract was $254,514.
The average sold price was $249,583.
The average sale price to list price percentage was 98.06%.
The lowest sales price was $110,000 and the highest sales price was $470,000.
There are currently 368 active listings (homes on the market without contracts) in Federal Way. Of these, 249 are listed at $350,000 or less. The minimum list price is $59,900 and the maximum list price is $1,690,000.
Based on the current active listings, if no new homes came on the market, it would take over 6 months for the inventory to be absorbed which means it is still a buyers market in Federal Way.
If you are interested in selling or buying a home in Federal Way, WA - please feel free to contact me via cell phone, text, or email.
In Federal Way, WA there were 64 home sales in October 2009.
Here are the averages-
The average square footage was 1896.
The average $ per square foot was $146.36.
The average days on market is 128.
The average original list price was $280,705.
The average list price at contract was $263,778.
The average sold price was $259,185.
The average sale price to list price percentage was 98.26%.
The lowest sales price was $140000 and the highest sales price was $550,000.
The days on market number would have been better but there was one home that sold that was on the market 1122 consecutive days! Ouch! Who want their home on the market that long? Even if they did end up getting 94% of their list price.
If you are interested in buying or selling a home in Federal Way, feel free to contact me by cell phone, text, or email. Whatever is easier for you.
Milton, WA had only two home sales that closed in October 2009.
Here are the averages-
The average square footage was 3824.
The average $ per square foot was $113.50.
The average days on market is 386. (These two homes in Milton were on the market a long time! One was three months shy of two years!)
The average original list price was $535,475.
The average list price at contract was $437,475.
The average sold price was $362,500.
The average sale price to list price percentage was 82.86%.
The lowest sales price was $325,000 and the highest sales price was $400,000.
There are currently 25 active listings (homes on the market without contracts) in Milton. That means at the current absorption rate, if no new homes come on the market, it will take approximately 12 months for the current homes to be sold.
If you are interested in selling or buying a home in Milton, WA - please give me a call.
Milton, WA had four home sales that closed in September 2009.
Here are the averages-
The average square footage was 1738.
The average $ per square foot was $139.07.
The average days on market is 47.
The average original list price was $256,212.
The average list price at contract was $251,240.
The average sold price was $252,013.
The average sale price to list price percentage was 100.31%.
The lowest sales price was $98,200 and the highest sales price was $349,950.
All of the homes were on the market less than 100 days. Two were 20 days or less. Which shows that all of these Milton homes were priced right based on their condition and today's market!
If you are looking interested in buying or selling a home in Milton, please feel free to contact me via cell phone, text, facebook, or twitter.
Edgewood, WA had seven homes closed in October 2009.
Here are the averages-
The average square footage was 2081.
The average $ per square foot was $161.21.
The average days on market is 124.
The average original list price was $365,757.
The average list price at contract was $346,471.
The average sold price was $337,636.
The average sale price to list price percentage was 97.45%.
The lowest sales price was $113,500 and the highest sales price was $499,950.
Of the seven sales five were on the market less than 90 days! More evidence that home buyers in Edgewood, WA were poised to take advantage of great sales prices and great interest rates. And maybe even the $8,000 tax credit.
Currently there are 46 active listings (homes without sales contracts) in Edgewood. Based on that and the current absorption rate, if no new listings hit the market, there is over 6 months of inventory.
If you are interested in buying or selling a home in Edgewood, WA- please feel free to contact me via cell phone, text msg, email, facebook or twitter.
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