Monday Morning Real Estate Market Report for Mason County, Wa

The Real Estate sales report for Mason County, Washington for the period of Oct 16 through Oct 31, 2009 reports 51 Total Closed Sales in the amount of $7,256,241.

 

Area A, (Shelton, Arcadia, Kamilche) and Area D, (Hoodsport/Union) both had a sales count of 16 closed sales. Area A totaled $2,173,491 in sales and area D came in at   $2,331,500 in total real estate sales. Meanwhile Area B,(Hartstene/Agate area) the sales were continue to improve with a reported 13 closed sales in the amount of $1,463,750. Area C, (Belfair, Allyn, Grapeview), dropped a bit with 12 sales totaling $1,287,500.

 

Single Family Resale Homes, on less than 5 acres, accounted for 22 of the total sales.

New Single Family homes were up a bit producing 4 sales and there were 2 Mulit-family units sold. There were no Single Family Resale Homes, on more than 5 acres, SOLD.

 

Commercial properties sold – 1, Condominiums -0.

 

Land sales were also up for this period. Land sold with a Mobile posted 6 sales and there were 7 platted lots recorded as sold. Short plats posted 9 sales and there was 6 unplatted parcel sold.

 

There was only 1 home sold above the $350,00 plus range and there was 1 sold between the $300,000- $349,999 range. 5 homes sold in the $200,000-$249,999 range.

 

The average price for Single Family Resale’s was $171,911 with a Median price of $172,250. The New Single Family homes sold had an average price of $188,760 and a Median price of $185,000.

 

The Loan count was up from the last report. There were 140 Loans taken out in the amount of $26,707,191 compared to only 102 loans last period. The average conventional 30-year loan rate was 4.81%

 

 

 

 

 

 

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