October 22nd, 2009
Waterfront Homes sales on the rise
Mason County recorded three waterfront homes selling for $500,000 or more. The South Shore of Hood Canal posted a closed sale for $640,000 and a Hood Canal North Shore home sold for $625,000. $575,000 was the price for a home that sold in the Harstene area of Dana Dr.
The Real Estate sales report for Mason County, Wa. for the period of Sept 16 through Sept 30 2009 reports 68 Total Closed Sales in the amount of $13,632,950. If you have been reading my statistical reports, you have, therefore, noticed a most excellent improvement from the first two weeks in Sept of 09. Yea!
Area A, (Shelton, Arcadia, Kamilche) once again leads the County sales count with 27 closed sales in the amount of $4,960,400 followed by Area C, (Belfair, Allyn, Grapeview), with 17 sales totaling $3,690,650. Area D, (Hoodsport/Union area) posted 14 sales closed in the amount of $2,900,400. Meanwhile Area B,(Hartstene/Agate area) the sales jumped to 10 closed sales in the amount of $2,081,500
Single Family Resale Homes, on less than 5 acres, accounted for 39 of the total sales. Two New Single Family homes were sold and here is an interesting stat we have seen for awhile…a Single Family Resale Home, on more than 5 acres, SOLD.
Commercial properties also increased during this period with a reported 4 Sold.
1 Condominium sold.
Another gain was Land sold with a Mobile posting 9 sales and there were 6 platted lots recorded as sold. Short plats posted 5 sales and there was 1 unplatted parcel sold.
Yep, there is definitely an improvent in the real estate activity in Mason County, Wa.
Please take notice of the following sold Prices for Single family Resales:
$400,000 -$499,999 4
$350,000 -$399,999 2
$300,000 -$349,000 1
$250,000-$299,999 2
$200,000-$249,999 7
The average price for Single Family Resale’s was $250,563 with a Median price of $195,000..
There were 163 Loans taken out in the amount of $27,305,027. The average conventional 30-year loan rate was 4.98%
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