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Woodinville Market Update 2/25
By michelle | February 25, 2008
Sellers are getting their homes ready and getting them on the market. This is great news for buyers who can look forward to more choice over the next 2-3 months. If you are thinking about bringing your home on the market, we need to make sure it is well prepared and priced correctly so it will be selected over the competition.
201 - Homes actively on the Market
7 - Homes with an offer contingent on the buyer’s home selling
14 - Homes with an offer, subject to inspection
36 - Homes pending the closing process
Was it a buyer, seller or balanced market last week? Check out this week’s statistics by price range for Area 600 (Juanita/Woodinville/Duvall).
Market Balance Report 2 20 08 Stats
When is it a buyers market vs a sellers market?
- Buyers Market when there is 6+ months of inventory
- Balanced Market when there is 3-6 months of inventory
- Sellers Market when there is less than 3 months of inventory
Data Source: Statistics are compiled from Northwest Multiple Listing System data, but information was not verified or published by the NW MLS (and FSBO data is not included).
Topics: Real Estate Stats |
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