January 2010 Mason County Residential Real Estate Sales Statistics

Per the NWMLS news release today, "more certainty" and "more stability" in the market contributed to a boost in activity during January 2010. Brokers reported an increase in pending sales from December and a jump from twelve months ago. Two other indicators of activity fell - inventory and sales prices. "The market has definitely picked up, with more interest and action by buyers. Sellers are expecting better results this year than last year, but not necessarily higher prices," said one broker.

Below is the residential sales statistics at our Mason County local level for the month of January, 2010.

New Listings:

Listing Inventory: Total 146 listings, up 87% comparing to last month, up 8% comparing to the same month last year.

Average Days on the Market: 161 days

Median Listing Price: $219,500, down 3% comparing to last month, down 9% comparing to the same month last year.

Pending Sale Listings:

Total 56 pending listings, up 33 % comparing to last month, up 36% comparing to the same month last year.

Average Days on the Market: 120 days

Median Pending Sale Price: $168,250, up 10% comparing to last month, up 12% comparing to the same month last year.

Sold Listings:

Total 48 Sold Lisitngs: down 22% comparing to last month, up 252% comparing to the same month last year.

Average Days on the Market: 111 days

Median Sold Price: $161,000, up 4% comparing to last month, down 6% comparing to the same month last year.

(Above report compiled by PING Real Estate. Data source: NWMLS published data today Feb 4).

Below is the statistical summary by the counties statewide for January 2010: