Where are the real estate deals in Magnolia

 

Where are the real estate deals in Magnolia

The last seven days ending Aug 1, 2012 in the Magnolia area of Seattle saw an equal amount of new listings and pending sales.  Altos Research LLC reported 10 sold homes and 10 new listings came on the market.

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Brisk activity is happening in all price ranges in Magnolia, multiple offers have been reported on several houses as soon as they come on the market.

Inventory levels in Magnolia are starting to level off, prices have continued to trend upward since mid-June and the days on the market have continued to decrease.

 

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90-day stats for Single Family properties in
SEATTLE, WA98199 as of May 17, 2013
Median List Price:$801,256Average List Price:$996,325
Total Inventory:86Price per Square Foot:$294
Average Home Size:2,785Median Lot Size:6,013
Average # Beds:3.60Average # Baths:2.56
Homes Absorbed:7Newly Listed:9
Days on Market:119Average Age:51

 

Related posts:

  1. Real Estate Market Activity in Magnolia ending May 25,2012
  2. Magnolia’s real estate days on market on the decline
  3. Magnolia Real Estate Trends
  4. Magnolia real estate snapshot for 5/13/2012
  5. Magnolia real estate market update

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