Ken Harrison | Coldwell Banker Real Estate | Bellingham, WA Your Buying or Selling Specialist
Coldwell Banker Miller-Arnason
NEW APRIL STATS-WOW!
Posted on May 10, 2010
Well the tax credit deadline has passed and we are very pleased to report that the world has in fact not ended. Far from it, actually. A considerable 28.8% year-over-year increase in Pending Sales brings the figure to 309 for this month. The more modest, yet still noteworthy, 3.8% year-over-year increase in Closed Sales brings that figure to 165 which is on par with the three-year average. These factors have combined to bring inventory down 9.4% to 1,683.
Median Sales Price remains 4.3% less than during the same period last year, but increased over $16,000 since March.
Percent of Original List Price Received has been slipping downward. On average, a seller can expect to receive 89.7% of their original list price after five and a half months on the market.
Check out the FULL report by clicking :
Keep a close eye on the federal reserve - mortgage rates may spike sooner rather than later as the government stopped buying mortgage-backed securities.
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