November 4th, 2009

Real Estate Sales in Mason County Holding Steady

Written by Richard Bell

 

The Real Estate sales report for Mason County, Wa. for the period of Oct 1 through Oct 15, 2009 reports 59 Total Closed Sales in the amount of $7,786,623.

 

Area A, (Shelton, Arcadia, Kamilche) had a sales count of 15 closed sales in the amount of $1,804,750. Meanwhile Area B,(Hartstene/Agate area) the sales were a bit higher than past reports with 10 closed sales in the amount of $1,693,500. Area C, (Belfair, Allyn, Grapeview), held steady with 17 sales totaling $3,073,873 and Area D, (Hoodsport/Union area) posted the same number of sales as last reported with14 sales closed in the amount of $1,214,500.

 

Single Family Resale Homes, on less than 5 acres, accounted for 30 of the total sales. Two New Single Family homes were sold and 1 Mulit-family unit sold. There were no Single Family Resale Homes, on more than 5 acres, SOLD.

 

Commercial properties sold – 0, Condominiums -0.

 

Land sold with a Mobile posted 8 sales and there were 13 platted lots recorded as sold. Short plats posted 4 sales and there was 1 unplatted parcel sold.

 

Area C ( Allyn, Belfair, Grapeview) sold 3 homes for $350,000 and up. A Treasure Island waterfront home sold for $525,000, A North shore Waterfront home sold for $414,000 and a Tahuya home sold for $365,000.

 

Please take notice of the following sold Prices for Single family Resales:

 

$500,000 or More       1

$400,000 -$499,999     1

$350,000 -$399,999     1

$300,000 -$349,000     1

$250,000-$299,999      3

$200,000-$249,999      2

 

The average price for Single Family Resale’s was $181,212 with a Median price of $157,500..

 

There were 102 Loans taken out in the amount of $15,663,534. The average conventional 30-year loan rate was 4.81%

 

 

 

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