North Sound Property News

On the heels of last weeks posting of statistics just for Mukilteo, I’m also going to post stats for other areas in the North Sound.  All data compiled from but not published or verified by NWMLS. Includes Residential and Condominium.
 Area 600 (Woodinville, Duvall, Juanita/N. Kirkland, Kenmore)

Inventory

Median $

DOM

08/07
08/06
% Chg
08/07
08/06
% Chg
08/07
08/07

Active
851
529
+60%
$529,900
$524,950
+.9%
64
55

Pending
174
296
-41%
$440,975
$364,975
+20%
51
39

Sold
211
293
-28%
$442,000
$402,000
+10%
52
35

Market Absorption Rate (the amount of time it would […]

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Why do people buy real estate?
I’m not talking about investors here, I’m talking about the average Joe.  Investors buy real estate for completely different reasons than “regular people.”  And regular people, I’d submit, are who most of us as real estate agents work with most of the time.
So, what makes regular people decide to make […]

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No major price changes in the Mukilteo real estate market since July–that’s the big news of the month, given the changed situation in mortgage lending.  However, listings continue to climb.  Listings are up 20% over July, and time on market is down (due to all the new listings over the last couple of months).
 Median list price […]

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