October 6th, 2009

Market Report for Mason County Home Sales

Written by Richard Bell

Mason County Real Estate Market Report for Sept 1 through Sept 15 2009 reports 55 Total Closed Sales in the amount of $8,268,056. Area A, (Shelton, Arcadia, Kamilche)  lead the sales count with 24 closed sales in the amount of $4,263,000 followed by Area D, (the Hoodsport/Union area), with 13 sales totaling $1,735,000. Area C, (North end of Mason County), posted 10 sales closed in the amount of $1,742,045. Meanwhile Area B ,Hartstene/Agate area, posted 8 closed sales in the amount of $528,011.

 

Single Family Resale’s, on less than 5 acres, accounted for 24 of the total sales. Three New Single Family homes sold and 2 Multi-family units sold.

 

There were no Single Family homes on more than 5 acres sold. There were 2 Commercial properties reported sold and 2 Condominiums sold.

 

Land sold with a Mobile posted 4 sales and there were 12 platted lots recorded as sold. Short plats posted 5 sales and there was 1 unplatted parcel sold.

 

The highest sold price range for a Single Family Resale, during this period, was in the $250,000 - $299,999 range. 5 properties sold in the $200,000 - $249,999 range and 4 in the $115,000 – $129,999.  The lowest price range of homes sold were in the $40,000 – $59,999 range.

 

The average price for Single Family Resale’s was $166,744 with a Median price of $169,750. Sold Lots averaged $40,892.

 

There were 109 Loans taken out in the amount of $18,670,182. The average conventional 30-year loan rate was 4.98%

 

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