Mason County Market Report June 1 -15, 2009

The Mason County real estate sales statistics for June 1 through June 15, 2009 posted 41 total sales in the amount of $7,217,948. Single family resales on less than 5 acres accounted for 15 of the 41 sales.

 

New Single Homes and Single Family Resale’s on more than 5 acres each recorded 2 sales. .

 

There were 3 commercial sales, 8 mobiles with land, 6 platted lots, 4 short plats  and 1 unplatted property sold during this period.

 

Sales activity by area revealed that Area C (the north end of the County) produced 15 sales in the amount of $2,806,125 while Area A (Shelton area) had 12 sales in the amount of $1,959,833.  Area D (Triton Head, Hoodsport, Union) and Area B (Harstene) each had 7 sales. Area D’s sales amounted to $1,317,490 and Area B’s amount was $1,134,500

 

Prices for single family resale’s, on less than 5 acres, ranged from a high of $425,000 for a waterfront property on hwy 106 in Belfair to three homes selling in  the $130,000 to  $144,999 range.

 

 There was 1 sold in the $350,000-$399,999 range and 1 in the $250,000 – 299,999 range. Three homes sold in the $200,000 - $249,999 range, 2 in the $180,000 - $199,999 range and 3 in the $160,000 – $179,999 range. There was also a home selling in the $145,000 - $159,999 range.

 

 

For this two week period the average price for a single family home on less than 5 acres was $211,467 and the median price was $185,000. The New single family home that sold was $354,500. Lots that sold averaged $51,625 with a median price of $48,125.

 

Mason County also posted 198 Loans and Mortgages in the amount of $37,670,077. The average rate was 5.26% for a 30 year conventional loan.

 

 

 

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