North Sound Property News

While we’re waiting for the NWMLS statistics for March to come out, I thought I would go ahead and share some of the market information I am receiving from Altos Research.  If you click on the “Get Reports” button on the header above, you can request to have this report, or one for the city of your choice, sent to you each week without having to pay a monthly subscription fee.

Here are some highlights of this week’s report on Mukilteo:

• Median prices are trending down, and have been doing so since they hit their peak in early January.
• Prices in the 4 quartiles are steady, but there appears to be a change in the mix.  More homes may be being listed at lower prices than previously, accounting for the downward trend.
• Price per square foot is declining, indicating that buyers can now get more home for the money.
• Days on market is still increasing, with homes in the 1st (highest priced) and 3rd (lower middle) quartiles showing the longest time on market.

Click here to download the Mukilteo Market Report as a PDF file, or here for the Everett Market Report.

Or, click here for real time charts.

About the Author: Sandy Kaduce is a REALTOR (tm) with Skyline Properties NW who serves buyers and sellers in North King and South Snohomish counties. She is incoming 2009 President of the Mukilteo Chamber of Commerce, as well as Vice President of Site Selection for Habitat for Humanity of Snohomish County. For more information, visit Sandy on the web at www.sandykaduce.com! Read more from this author