June 11th, 2009
Mason County Real Estate Market Report
Mason County had 813 homes for sale during the month of May 2009 compared to the 928 homes that were for sale in the same month one year before. The month of May 09 also posted 52 single family homes sales, while May of 08 produced 76 sales that is a percentage change of -31.6%.
Pending sales for the month of May was only off by -5.8% from a year ago. May 09 had reported 65 pending sales compared to 69 pending in May of 08.
Months of Inventory, based on the Closed Sales, at the end of the Month of May 09 was at 15.6. Months of Inventory, based on pending sales, was 12.5.
The Average Active Price for a single family home in Mason County during the month of May 09 was $302,000. The Average Sold Price came in at $192,000.
The Average Square Foot Price of a single family home in May of 09 was $130.00 per foot, up from the $104 a foot reported in April 09. The average square foot price in May 08 was $148.
The Sold price to List price percentage difference was a noteworthy 101% in May 09. Historically 2009 and 2008 had a percentage difference that averaged around the 95%. The Sold price to the Original price in May 09 was 92% compared to 91% during the same period a year ago.
Days on Market, for May 09, was 106 days. Median price was $161,000.
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