North Sound Property News

October’s median sale price is up from September’s $549,950 to $610,000.  One third of all sales activity in October took place in the over $750,000 market, but there was no activity in the over $1M market.  The following chart illustrates movement in the median list and sale price over the last few months.

May
2007
June
 2007
July
2007
Aug.
2007
Sept.
2007
Oct.
2007

Med List $
$582,450
$622,475
$648,800
$629,950
$649,725
$630,000

Med […]

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Overview of the Mukilteo market in September:
September’s median sale price is down from August’s $590,750 figure to $549,950.  With a larger premium on Jumbo loan rates and the summer buying season over, we are seeing less activity in the $1 million and up price range, which is resulting in lower median price.  The following chart illustrates movement in […]

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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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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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July is in the rearview and it’s time to report on what happened in the local real estate market last month.  This week, I’ll report on Mukilteo (98275 zip code).
Active Listings
(Listing count includes ALL listings currently on the market)
Listing Count: 101
Average Time on Market: 89 days
Median List Price: $648,800
Average $ Per Square Foot: $272
There were 52 new listings in […]

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