Mill Creek Market Watch
June 12th-June 26th
Homes New on Market
Cottonwood 4 bed tri level 2032 SF $349,950
Juniper 3 bed 2 story 1945 SF $452,500
Huckleberry 3 bed 2 story 2598 SF $485,000
Brighton 4 bed 2 story 2790 SF $520,000
Juniper 4 bed 2 story 2770 SF $539,000
Brighton 4 bed 2 story 2856 SF $459,000
Parks 3 bed 2 story 3570 SF $600,000
River Crossing 4 bed 2 story 3261 SF $829,950
River Crossing 4 bed 2 story 3472 SF $899,950
Pending Sales (asking prices listed)
Northpointe 3 bed 2 story 1858 SF $398,800
Huckleberry 4 bed 2 story 2669 SF $417,500
Huckleberry 4 bed 2 story 3452 SF $450,000
Red Cedar 5 bed 2 story 3317 SF $493,000
Highlands 4 bed 2 story 3248 SF $699,950
Thomas Lake Estates 4 bed tri level 2295 SF $329,950
Heatherwood 3 bed rambler 1859 SF $325,000
Thomas Lake Estates 4 bed tri level 2295 SF $329,950
Woodside Walk 2 bed 2 story 1314 SF $349,950
Northpointe 4 bed 2 story 2122 SF $389,950
North Pointe 3 bed 2 story 2131 SF $424,800
Sold-closed price listed
Emerald Heights 3 bed 2 story 1746 SF $340,000
Northpointe 3 bed 1858 SF 2 Story $344,800
Pembrook 2 bed 2 story 1967 SF $355,000
Northpointe 4 bed, 2 story 1818 SF $374,950
Websters Pond 4 bed 2 story 2455 SF $385,000
Parkside 4 bed 2 story 2390 SF $430,000
Winslow 3 bed 2 story 2456 SF $485,000
River Crossing 4 bed 2 story 3180 SF $625,000
Friday, June 26, 2009
Friday, June 12, 2009
Inventory shrinking, sales rising, prices stabilizing
in some Northwest MLS areas
KIRKLAND, WA, June 4, 2009 – Waiting longer to buy a home is not likely to pay off, according to Northwest Multiple Listing Service director Kathy Estey after reviewing reports summarizing May activity. Estey pointed to shrinking inventory (about 20 percent fewer listings than a year ago), double-digit increases in the number of pending sales (up 17.7 percent from a year ago), solid open house activity, and signs of stabilizing prices (eight of the 19 counties in the report show price gains since January) as indicators of an improving market.
Northwest MLS brokers notched 7,160 pending sales during May. That total out-gained the year-ago tally by 1,075 transactions (up 17.7 percent) and improved on April’s total by 242 sales for a 3.5 percent increase. For the four-county Puget Sound area, pending sales jumped 21.5 percent from a year ago, rising from 4,526 to 5,498 transactions.
Buyers had fewer choices during May than at this time a year ago. At month-end, member-brokers reported 41,318 active listings throughout the NWMLS service area. A year ago, there were 51,817 active listings. Current inventory includes 11,278 single family homes and condos that brokers added during May. For the same month a year ago, brokers added 14,176 new listings to inventory.
Prices are showing signs of stabilizing, according to NWMLS data. Prices area-wide are down around 10 percent from twelve months ago, but a comparison to January shows price gains in eight of the 19 counties in the NWMLS report. System-wide, prices for single family homes and condominiums that closed last month are up about 2.6 percent since January.
in some Northwest MLS areas
KIRKLAND, WA, June 4, 2009 – Waiting longer to buy a home is not likely to pay off, according to Northwest Multiple Listing Service director Kathy Estey after reviewing reports summarizing May activity. Estey pointed to shrinking inventory (about 20 percent fewer listings than a year ago), double-digit increases in the number of pending sales (up 17.7 percent from a year ago), solid open house activity, and signs of stabilizing prices (eight of the 19 counties in the report show price gains since January) as indicators of an improving market.
Northwest MLS brokers notched 7,160 pending sales during May. That total out-gained the year-ago tally by 1,075 transactions (up 17.7 percent) and improved on April’s total by 242 sales for a 3.5 percent increase. For the four-county Puget Sound area, pending sales jumped 21.5 percent from a year ago, rising from 4,526 to 5,498 transactions.
Buyers had fewer choices during May than at this time a year ago. At month-end, member-brokers reported 41,318 active listings throughout the NWMLS service area. A year ago, there were 51,817 active listings. Current inventory includes 11,278 single family homes and condos that brokers added during May. For the same month a year ago, brokers added 14,176 new listings to inventory.
Prices are showing signs of stabilizing, according to NWMLS data. Prices area-wide are down around 10 percent from twelve months ago, but a comparison to January shows price gains in eight of the 19 counties in the NWMLS report. System-wide, prices for single family homes and condominiums that closed last month are up about 2.6 percent since January.
Mill Creek Market Watch
May 15-June 1
Homes New on Market
Parkside 4 bed 2 Story 2688 SF $630,000
Evergreen 6 bed 2 Story w/Basement $898,888
Pending Sales (asking prices listed)
Holly 5 bed 2 Story 4000 SF $650,000
Vineyards 4 bed 2 story 2572 SF $499,000
Pembrook 2 bed 2 story 1967 SF $325,000
Sold (closed price listed)
Thomas Lake Estates 3 bed 1733 SF 2 Story $300,000
Thomas Lake Estate 4 bed 1983 SF 2 Story $315,000
Northpointe 3 bed 1906 SF 2 Story $354,000
Woodside Walk 2 bed 1562 SF 2 story $369,950
Northpointe 3 bed, 2131 SF 2 story $380,000
Woodside Walk 3 bed 1589 SF 2 story $400,000
The Parks 4 bed 2378 SF 2 story $410,000
Evergreen 4 bed 3165 SF 2 story $530,000
The Parks 4 bed 3639 SF 2 story $600,000
Condos New on Market
Auguston 2 bed 1 level 980 SF $159,000
Country Club 2 bed 1 level 927 SF $199,950
Auguston 3 bed 1 level 1226 SF $205,000
Mill Creek Village 3 bed 1 level 1379 SF $325,000
Auguston 3 bed Townhouse 1386 SF $217,950
Contingent
Mill Run 2 bed 1 level 1260 SF $220,000 short sale
Condos Pending Sales
Country Club 2 bed 1 level 927 SF $147,700
Auguston 2 bed 1 level 928 SF $149,000
Auguston 3 bed 1 level 1192 SF $174,000
Auguston 3 bed 1 level 1192 SF $184,000
Auguston 3 bed 1 level 1192 SF $184,000
Auguston 3 bed 1 level 928 SF $199,000
Auguston 3 bed 1 level 1226 SF $215,000
Condos Sold
St. Moritz 2 bed 1 level 1463 SF $185,000 Bank Owned
May 15-June 1
Homes New on Market
Parkside 4 bed 2 Story 2688 SF $630,000
Evergreen 6 bed 2 Story w/Basement $898,888
Pending Sales (asking prices listed)
Holly 5 bed 2 Story 4000 SF $650,000
Vineyards 4 bed 2 story 2572 SF $499,000
Pembrook 2 bed 2 story 1967 SF $325,000
Sold (closed price listed)
Thomas Lake Estates 3 bed 1733 SF 2 Story $300,000
Thomas Lake Estate 4 bed 1983 SF 2 Story $315,000
Northpointe 3 bed 1906 SF 2 Story $354,000
Woodside Walk 2 bed 1562 SF 2 story $369,950
Northpointe 3 bed, 2131 SF 2 story $380,000
Woodside Walk 3 bed 1589 SF 2 story $400,000
The Parks 4 bed 2378 SF 2 story $410,000
Evergreen 4 bed 3165 SF 2 story $530,000
The Parks 4 bed 3639 SF 2 story $600,000
Condos New on Market
Auguston 2 bed 1 level 980 SF $159,000
Country Club 2 bed 1 level 927 SF $199,950
Auguston 3 bed 1 level 1226 SF $205,000
Mill Creek Village 3 bed 1 level 1379 SF $325,000
Auguston 3 bed Townhouse 1386 SF $217,950
Contingent
Mill Run 2 bed 1 level 1260 SF $220,000 short sale
Condos Pending Sales
Country Club 2 bed 1 level 927 SF $147,700
Auguston 2 bed 1 level 928 SF $149,000
Auguston 3 bed 1 level 1192 SF $174,000
Auguston 3 bed 1 level 1192 SF $184,000
Auguston 3 bed 1 level 1192 SF $184,000
Auguston 3 bed 1 level 928 SF $199,000
Auguston 3 bed 1 level 1226 SF $215,000
Condos Sold
St. Moritz 2 bed 1 level 1463 SF $185,000 Bank Owned
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