North Sound Property News

Today is the grand opening of Wine 101 - the Gathering Place, a new business and new member of the Mukilteo Chamber of Commerce.  The shop is a wine bar and wine shop owned by John and Billie Jo Winskowski.  The ribbon cutting took place today at noon, but the store itself has been open […]

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This time of the year brings all kinds of changes, and the world of real estate is no different.  One change that you’ll be seeing on this blog in 2008, is that in addition to residential real estate news, I’ll also be commenting on the commercial real estate market and business climate in the Mukilteo and […]

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Recently, the Mukilteo real estate market was featured on King5 news.  Unfortunately, we weren’t featured in a positive light.  Crown Park, a new construction neighborhood in Harbour Pointe, has recently seen a slow-down in sales that led the developers to drop prices in order to move inventory, and building has also slowed considerably.
 The King5 story is here.
 But […]

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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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