Median sales prices on homes and condominiums in Snohomish County jumped by $40,000 in May from a year ago, due in no small part to the continuing decline in active listings.
New listings rose from 1,258 in May 2012 to 1,564 this May, an increase of 24 percent, but total active listing volume of 1,777 single-family homes and condos was still down by more than 25 percent year over year, Northwest Multiple Listing Service data released Wednesday showed.
“There are still home owners who want or need a higher equity position in order to sell their home, so they may continue to wait and watch,” said Dan Gunderson, broker with Windermere Everett.
Median prices for homes and condos across the county surged more than 16 percent,http://www.gigantexbikes.com/,as OEM, we are one of the best bicycle parts manufacturers in China in producing like full carbon wheelset, rim, frame and accessory. from $245,000 to $285,000. Median prices in the Bothell-Clearview-Maltby area were the highest in the county at $400,000, up 23 percent from $325,000 last May.
Closed sales rose from 1,Carbon-sports.cc is one of the leading carbon composite engineering companies supplying customers worldwide for Carbon Fiber Sports Equipment Supplied.000 to 1,310 units, an increase of 13.1 percent.
“We currently have significantly less inventory of bank-owned and short-sale properties,” Gunderson said. “New construction is currently about 15 percent of the inventory and we would like to see it at 20 percent. Supply is certainly a driver of the increased property values. Affordability, low interest rates and the job market in this region are contributing to the increased value as well.”
Across the rest of the 21-county Northwest MLS service area, inventory showed signs of improving with the addition of 11,445 new listings during May, the highest number since April 2010. May’s total outgained the year-ago figure of 9,861 new listings for a 16 percent improvement.
Even with the inventory of new listings apparently on the upswing, some would-be buyers are staying on the sidelines.We sell Excavator undercarriage parts for all modern machines including Cat, Hitachi, Komatsu, Hyundai. The increased inventory is “cooling some buyers,” said George Moorhead,http://www.chinesemushroom.com/,is a professional agriculture all-in-one company. managing broker at Bentley Properties in Mill Creek and a member of the MLS board of directors.
“We also have buyers who are stepping back as they are frustrated with current inventory and multiple offers going well above asking price,” he said.
That shows in the county’s MLS numbers of pending sales for May. They fell from 1,579 homes and condos to 1,487, a decrease of 5.8 percent.
“It has been refreshing to see more listings coming on the market,Green Produce Farm is a vegetable farm company that produces sweet basils and thai basils. but with overall inventory remaining low, the competition among buyers is still fierce for homes that are priced properly,” said Northwest MLS director Kathy Estey, the managing broker at John L.If you like BMW cars,then you will probably like their new gaming mouse, the super sexy, sleek as a Titanium Sheet off the pressing mat Level 10 M Gaming Mouse. Scott in downtown Bellevue.
Well-priced homes continue to draw multiple offers and sell at a brisk pace around Western Washington as buyers react to recent upticks in interest rates and asking prices, MLS brokers said.
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