Wednesday, August 26, 2009

Everett, WA Real Estate Market Statistics for Condos-Townhomes and Single Family Homes Are Stabilizing-August 16, 2009

By: Don Sieb

Market statistics in Everett, WA show home values for Condos-Townhomes and Single Family Residences are stabilizing according to HomeSeeker Center, who follows these trends carefully.

Real-Time Market Statistics

Market Statistics Everett Condos-Townhomes

  • Median List Price $192,950
  • Asking Price per Square Foot $176
  • Average Days on Market 173
  • Median Size (Sq. Ft.) 1,139
  • Total Inventory 409

Market Statistics Everett Single Family Homes

  • Median List Price $285,000
  • Asking Price per Square Foot $160
  • Average Days on Market 192
  • Median Size (Sq. Ft.) 1,813
  • Total Inventory 1,124

Single Famil Homes Value Everett, WA

Despite the recent national trend of falling home values, the price per Sq. Ft. have stayed reasonably flat in Everett since March of 2009. The market decline seems to have paused around these plateaus for several months now signaling the home values are stabilizing.

According to 697 homes in Everett are in pre-foreclosure, auction or bank owned stages of foreclosure which represents about 45% of inventory for sale.

Buyers should find ample choices across multiple price ranges. As expected, homes priced in the least expensive and lower-middle quartiles are selling best. This is likely to be a result of First-time buyers and investors re-entering the market.

To see what is happening in your neighborhood agents and consumers are welcome to request a Free Market Watch Statistic for cities within Pierce, King and Snohomish Counties.

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