Welcome to “The Real State of Real Estate” a Real Estate Market Snapshot of Mason County, Washington. Serving the Waterfront Communities of Allyn, Belfair, Grapeview, Tahuya & Dewatto, Union and Victor.
An informative blog on what is Really going on in the Allyn and Belfair Real Estate Market. Timely Real Estate market reports, real estate opinion, todays Hot Real Estate Topics, Humor and other tidbits of local community knowledge.
Know one know’s Mason County Real Estate like Windermere. Experts in Waterfront Homes for sale on Hood Canal and Puget Sound. Knowledgable in house values in Allyn’s Lakeland Village . You can count on Windermere for up-to -date Pricing for Golf Course Property, Condominums, Commercial and now offering Property Management.
Richard R Bell is Managing Broker for Windermere Peninsula Properties with two offices located in Allyn and Belfair. Contact Richard at rbell@windermere.com for “The Real State of Real Estate” in Mason County, Washington.
June 7th, 2010
Real Estate Sales and Market Report for Mason County, Washington
Real Estate Sales and Market report for Mason County, Washington for the period of May 1 though May 15, 2010 reports 43 Total Closed Sales in the amount of $6,645,081.
Area A, (Shelton, Arcadia, Kamilche) recorded sales counts of 20 closed sales totaling $2,468,131. Area B, (Hartstene/Agate area) placed 5 sales on the board in the amount of $942,900. Area C, (Belfair, Allyn, Grapeview) reported 11 sales totaling $2,423,650 Area D, (Hoodsport/Union) posted 7 sales for the period in the amount of $810,400
Single Family Resale Homes, on less than 5 acres, accounted for 18 of the total sales.
There was 1 New Single Family home sold. There were no Multi-family units sold. There were 4 Single Family Resale’s on more than 5 acres sold.
Commercial properties sold – 0, Condominiums -0.
Land selling with a Mobile posted 7 sales and there were 6 platted lots recorded as sold. Short plats posted 5 sales and there were 2 unplatted parcels sold.
Two Homes sold in the $500,000 or more range and 1 sold between the $400,000 to $499,999 range. Other sale prices ranged from a low of $60,000 with most of the sales in the $145,000 to $200,000 range..
The average price for Single Family Resale’s was $219,567 with a Median price of $167,500. Lots sold averaged $33,917.
Real Estate Loan numbered 121 taken out in the amount of $20,685,100. The average conventional 30-year loan rate was 4.95%
May 25th, 2010
Mason Real Estate Market Report
Real Estate Sales and Market report for Mason County, Washington for the period of April 16 through April 30, 2010 reports 57 Total Closed Sales in the amount of $10,643,757. (double to the number sold the first weeks)
Area A, (Shelton, Arcadia, Kamilche) recorded sales counts of 21 closed sales totaling $4,204,800. Area B, (Hartstene/Agate area) placed 6 sales on the board in the amount of $1,277,850. Area C, (Belfair, Allyn, Grapeview) reported 19 sales totaling $3,619,857. Area D, (Hoodsport/Union) posted 11 sales for the period in the amount of $1,541,250.
Single Family Resale Homes, on less than 5 acres, accounted for 30 of the total sales.
There were no New Single Family homes sold. There were no Multi-family units sold. There were 5 Single Family Resale’s on more than 5 acres sold.
Commercial properties sold – 1, Condominiums -0.
Land selling with a Mobile posted 6 sales and there were 7 platted lots recorded as sold. Short plats posted 5 sales and there were 3 unplatted parcels sold.
The highest selling price for a single family home was in the $500,000 or more range and 1 sold between the $400,000 to $499,999 range. Other sale prices ranged from a low of $40,000 up the $200,000 price point.
The average price for Single Family Resale’s was $217,394 with a Median price of $178,000. Lots sold averaged $37,536
Real Estate Loan numbered 131 taken out in the amount of $23,123,290. The average conventional 30-year loan rate was 5.06%
April 27th, 2010
Mason County Market Report
Real Estate Sales and Market report for Mason County, Washington for the period of April 1 through April 15, 2010 reports 34 Total Closed Sales in the amount of $5,633,199.
Area A, (Shelton, Arcadia, Kamilche) recorded sales counts of 11 closed sales totaling $1,924,999. Area B, (Hartstene/Agate area) placed 7 sales on the board in the amount of $1,152,000. Area C, (Belfair, Allyn, Grapeview) reported 8 sales totaling $1,716,500. Area D, (Hoodsport/Union) posted 8 sales for the period in the amount of $839,700.
Single Family Resale Homes, on less than 5 acres, accounted for 15 of the total sales.
One New Single Family home was sold. There were no Multi-family units sold. There were no Single Family Resale’s on more than 5 acres sold.
Commercial properties sold – 3, Condominiums -0.
Land selling with a Mobile posted 4 sales and there were 7 platted lots recorded as sold. Short plats posted 4 sales and there were 0 unplatted parcels sold.
The highest selling price for a single family home was in the $400,000 - $499,999 range and 2 sold between the $350,000 to $399,999 range. Other sale prices ranged from a low of $60,000 up the $299,999 price point.
The average price for Single Family Resale’s was $210,600 with a Median price of $187,000. Lots sold averaged $24,100.
Real Estate Loan numbered 114 taken out in the amount of $16,259,496. The average conventional 30-year loan rate was 5.06%
April 12th, 2010
Home Sales Report
Real Estate Sales and Market report for Mason County, Washington for the period of March 16 through March 31, 2010 reports 43 Total Closed Sales in the amount of $5,930,490.
Area A, (Shelton, Arcadia, Kamilche) recorded sales counts of 15 closed sales totaling $2,382,007. Area B, (Hartstene/Agate area) placed 6 sales on the board in the amount of $600,000. Area C, (Belfair, Allyn, Grapeview) reported 11 sales totaling $1,327,673 Area D, (Hoodsport/Union) posted 11 sales for the period in the amount of $1,620,810.
Single Family Resale Homes, on less than 5 acres, accounted for 18 of the total sales.
One New Single Family home was sold. There were no Multi-family units sold. Three Single Family Resale’s on more than 5 acres sold.
Commercial properties sold – 0, Condominiums -0.
Land selling with a Mobile posted 6 sales and there were 8 platted lots recorded as sold. Short plats posted 3sales and there were 4unplatted parcels sold.
There was only one home selling above the $500,000 plus range and 1 sold between the $400,000 to $499,999 range and 2 homes sold in the $300,000 – $349,000 range.
The average price for Single Family Resale’s was $191,067 with a Median price of $143,405. Lots sold averaged $45,938.
Real Estate Loan numbered 113 taken out in the amount of $20,503,505. The average conventional 30-year loan rate was 4.89%
April 2nd, 2010
Mason County Homes Sales Report
Real Estate Sales and Market report for Mason County, Washington for the period of March 1 through March 15, 2010 reports 33 Total Closed Sales in the amount of $8,702,486.
Area A, (Shelton, Arcadia, Kamilche) recorded sales counts of 13 closed sales totaling $4,161,000. Area B, (Hartstene/Agate area) placed 6 sales on the board in the amount of $1,642,086. Area C, (Belfair, Allyn, Grapeview) reported 7 sales totaling $1,783,900 Area D, (Hoodsport/Union) posted 7 sales for the period in the amount of $1,115,500
Single Family Resale Homes, on less than 5 acres, accounted for 24 of the total sales.
No New Single Family homes were sold. There were no Multi-family units sold and zero Single Family Resale Home, on more than 5 acres, sold.
Commercial properties sold – 0, Condominiums -0.
Land selling with a Mobile posted only 2 sale and there were 3 platted lots recorded as sold. Short plats posted 4 sales and there were 0 unplatted parcels sold.
There were “two” homes sold above the $500,000 plus range and 1 sold between the $400,000 to $499,999 range. Also, 3 homes sold in the $300,000 – $349,000 range, while 5 homes sold in the $200,000-$249,999 range, 3 sold in the $180,000, to $199,999 range and 2 in the $160,000 to $179,999 range.
The average price for Single Family Resale’s was $242,427 with a Median price of $193,700. Lots sold averaged $50,483.
Real Estate Loan numbered 113 taken out in the amount of $16,433,378. The average conventional 30-year loan rate was 4.89%
February 11th, 2010
Belfair Sewer Project is Progressing
Here is an Update on the Belfair sewer Project provided Mason County Daily News.com.
“Work on the Belfair Wastewater and Water Reclamation Facilities Project continues this week. The project’s prime contractor has two crews on Highway 3 installing the mainline sewer. One crew started work near Clifton Lane and is progressing north while the other will keep working near Belfair Street. Hours of nighttime work are approximately 7 p.m. to 5:30 a.m. During this work, motorists can expect single-lane closures along Highway 3 with flaggers directing traffic. Locations of road closures will move as the contractor completes initial trenching and dewatering, installs pipes, and moves to the next segment of pipe. Also, survey work continues in preparation for construction at the wastewater reclamation facility site east of Belfair. And crews will continue working on the boring pit at the intersection of Highway 3 and Highway 300 in preparation for installing pipes northward from the boring pit. Pipes will be installed using trenchless methods, using a technique called jack and bore. The pit has been used for approximately two weeks, with a total duration of use of four to six weeks. More information on the project is available by calling the 24-hour hotline at 360-801-2482, or online at www.masoncountywastewater.com.”
February 11th, 2010
Home Sales improving in Mason County
Real Estate Sales and Market report for Mason County, Washington for the period of January 16 through January 31, 2010 reports 41 Total Closed Sales in the amount of $6,213,474. (Note: The month of January 2010 is a much better start from January 2009. It appears that Mason County real estate is showing signs of improvement.)
Area A, (Shelton, Arcadia, Kamilche) recorded sales counts of 15 closed sales totaling $2,124,250. Area B, (Hartstene/Agate area) placed 11 sales on the board in the amount of $1,665,650. Area C, (Belfair, Allyn, Grapeview) reported 11 sales totaling $1,879,400 Area D, (Hoodsport/Union) posted 4 sales for the period in the amount of $544,174.
Single Family Resale Homes, on less than 5 acres, accounted for 23 of the total sales.
Two New Single Family homes were sold. There were no Multi-family units sold and 1 Single Family Resale Home, on more than 5 acres, sold.
Commercial properties sold – 0, Condominiums -0.
Land selling with a Mobile posted only 4 sale and there were 2 platted lots recorded as sold. Short plats posted 6 sales and there were 3 unplatted parcels sold.
There were no homes sold above the $500,000 plus range however, 1 sold between the $400,000 to $499,999 ranges. Meanwhile, 5 homes sold in the $200,000-$249,999 range, 3 sold in the $250,000, to $299,999 range and 3 in the $145,000 to $159,999 range.
The average price for Single Family Resale’s was $184,796 with a Median price of $160,000. New Single family homes average price was $253,500.
Real Estate Loan numbered 109 taken out in the amount of $19,318,012. The average conventional 30-year loan rate was 5.02%
January 28th, 2010
Homes Sales Report - Jan 1 to Jan 15, 2010
Real Estate Sales and Market report for Mason County, Washington for the period of January 1 through January 15, 2010 reports 41 Total Closed Sales in the amount of $5,659,771.
Area A, (Shelton, Arcadia, Kamilche) recorded sales counts of 12 closed sales totaling $1,670,500. Area B, (Hartstene/Agate area) placed 9 sales on the board in the amount of $1,348,350. Area C, (Belfair, Allyn, Grapeview) reported 12 sales totaling $1,914,021. Area D, (Hoodsport/Union) posted 8 sales for the period in the amount of $726,900
Single Family Resale Homes, on less than 5 acres, accounted for 14 of the total sales.
Four New Single Family homes were sold. There were no Multi-family units sold and 3 Single Family Resale Home, on more than 5 acres, sold.
Commercial properties sold – 1, Condominiums -0.
Land selling with a Mobile posted only 1 sale and there were 5 platted lots recorded as sold. Short plats posted 7 sales and there were 6 unplatted parcels sold.
There were no homes sold above the $500,000 plus range and only 1 sold between the $400,000 to $499,999 ranges. Meanwhile, 2 homes sold in the $200,000-$249,999 range, 3 sold in the $160, to $179,999 range and 3 in the $130,000 to $144,999 range.
The average price for Single Family Resale’s was $170,819 with a Median price of $160,500.
Real Estate Loan numbered 110 taken out in the amount of $23,603,472. The average conventional 30-year loan rate was 5.02%
January 27th, 2010
Real Estate Homes Sales for 2009- Mason County
Hello Friends, neighbors and real estate professionals.
Took some time off from reporting on the Mason County Real Estate Activity. Let’s take a look at the Real Estate home and property sales for 2009.
Mason County, Washington Real Estate Quarterly sales data for the year ending 2009:
At the end of the 1st Quarter of 2009 there were 145 total real estate sales in the amount of $21,032,084. The average price for a single family resale for all areas of the county was $170,401 with a Median price of $145,650.
The 2nd Quarter showed improvement with total sales coming in at 277 in the amount of $41,053,084. The average price was $179,563, Median - $159,000.
Third Quarter was much better posting 328 total sales in the amount of $56,035,993. Average sale price for single family rose to $215,097 with a Median price rising to $179,000.
The fourth Quarter ended with a predicted slight downturn with 309 total sales in the amount of $48,316,320 with the average price of a single family home coming in at $188,392 and a Median price settling in at $169,000.
Total Real Estate sales for 2009 – 1,101.
Total dollar volume for 2009 - $166,438,981