December 2009 Mason County Residential Sales Statistics
Per the NWMLS news release today, "Home for the holidays" took on special meaning this December. Pending sales statewide were up more than 35 percent from a year ago and marked the best December since 2006. Citing the remarks from one owner/broker of Windermere in Tacoma, the market is "chugging along," despite hurdles associated with the lending market, appraisals and foreclosures. The large volume of foreclosures has driven down prices–something he believes will persist throughout much of this year. First time buyers will still lead the charge in sales.
Below is the residential sales statistics at our Mason County local level for the month of Necember, 2009.
New Listings: Listing Inventory 78 listings, up 8% comparing to last month, up 44% comparing to the same month last year.
Average Days on the Market: 184 days
Median Listing Price: $225,000, down 2% comparing to last month, down 7% comparing to the same month last year.
Pending Sale Listings: Total 42 pending listings, down 29 % comparing to last month, up 68% comparing to the same month last year.
Average Days on the Market: 145 days
Median Pending Sale Price: $151,875, down 11% comparing to last month, down 14% comparing to the same month last year.
Sold Listings: Total 61 Sold Lisitngs: up 10% comparing to last month, up 79% comparing to the same month last year.
Average Days on the Market: 131 days
Median Sold Price: $153,500, down 13% comparing to last month, up 20% comparing to the same month last year.
(Above report compiled by PING Real Estate. Data source: NWMLS published data today Jan 06).
Below is the sales stats chart countywide for December 2009.
