June 7th, 2010

Real Estate Sales and Market Report for Mason County, Washington

Written by Richard Bell

Real Estate Sales and Market report for Mason County, Washington for the period of May 1 though May 15, 2010 reports 43 Total Closed Sales in the amount of $6,645,081.

 

Area A, (Shelton, Arcadia, Kamilche) recorded sales counts of 20 closed sales totaling $2,468,131. Area B, (Hartstene/Agate area) placed 5 sales on the board in the amount of  $942,900. Area C, (Belfair, Allyn, Grapeview) reported 11 sales totaling $2,423,650 Area D, (Hoodsport/Union) posted 7 sales for the period in the amount of $810,400

 

Single Family Resale Homes, on less than 5 acres, accounted for 18 of the total sales.

There was 1 New Single Family home sold. There were no Multi-family units sold. There were 4 Single Family Resale’s on more than 5 acres sold.

 

Commercial properties sold – 0, Condominiums -0.

 

Land selling with a Mobile posted 7 sales and there were 6 platted lots recorded as sold. Short plats posted 5 sales and there were 2 unplatted parcels sold.

 

Two Homes sold in the $500,000 or more range and 1 sold between the $400,000 to $499,999 range. Other sale prices ranged from a low of $60,000 with most of the sales in the $145,000 to $200,000 range..

 

The average price for Single Family Resale’s was $219,567 with a Median price of $167,500. Lots sold averaged $33,917.

 

Real Estate Loan numbered 121 taken out in the amount of $20,685,100. The average conventional 30-year loan rate was 4.95%

 

 

 

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