April 10th, 2009
Mason County Washington Real Estate Statistics for March 09
The Mason County March 2009 real estate report for listings, sold and pending are down from this time last year. For example, in March of 2009, the County listed 701 single family homes for sale compared to the 816 that were for sale in march 2008; that is a change of -14.1%.
The County sold 52 homes during March 2008. This past March the number of homes sold was 31; a change of -40.4%.
The Pending sales report for March 09 was 65 while March 08 it was 72; a change of -9.7%.
In zip code 98528:
Mar 08 Mar 09 % Change
For sale 137 112 -18.25
Sold 9 6 -33.3%
Pending 13 11 -15.4%
In zip code 98524
For Sale 74 50 -32.4%
Sold 3 2 -33.3%
Pending 4 1 -75%
The County’s months of inventory based on closed sales during the period of March 09 was 22.6, it was at 15.7 months one year earlier. Average active price in March 09 was $303,000 while the average sold price was $140,000. One year ago the average active price was $313,000 with an average sold price of $232,000.
The average square footage price has dropped considerably from a year ago. In March of 09 the average square foot price was $100.00 compared to $144.00 a year ago.
The sold price to list price was 94% in March of 09. A year ago sold/list price difference was 98%. A really interesting statistic is the sold price difference from the original list price – in 09 it was 84%, a year ago it was 93%.
Days on market for homes sold in March of 09 was 120 days compared to a year ago of 133. The median price in March 08 was $195,000 while in March 09 it was $130,000.
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