Mason County Waterfront Property Statistics

For those interested in Waterfront Properties Statistics, Mason County had 192 waterfront properties for sale during the month of March 2009. In March 2008 there were 204 waterfront properties on the market.

 

Sales of Waterfront properties were down -66.7% for the month of March 2009 with the posting of  3 waterfront properties Sold compared to the 9 that Sold for the same period of 2008. However, Pending Sales showed some improvement with a March 2009 total of 8 Pended compared to 12 Pended during March 2008.

 

Mason County has been averaging 214 Waterfront Properties for sale per month for the past 15 months. Sold Waterfront Properties have averaged 9 sales per month for the past 15 months. Late spring and summer of 2008 averaged 16 sales per month.

 

Currently, Mason County waterfront properties “months of inventory” based on Closed Sales is 64 months and 24 months of inventory based on Pended Sales.

 

The average Active Price for waterfront properties is presently $488,000 with an average Square Foot Price of $165.00 per foot.

 

The percentage difference of the Sold price and List price is 96%. The percentage difference of the Sold price and the Original List price is 90%. Average “Days on the Market” for Waterfront properties that sold was 137 Days.

 

In the 98528 zip code there are currently 42 waterfront properties for sale.

Good news for March 2009 is that 3 waterfront properties have sold compared to the 2 that sold in March 2008 that is a percentage change of 50%.

 

The average Active Price for waterfront property in zip code 98528 is $525,000 with a current average Sold Price of $181,000.

 

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