Well, October is gone and so is daylight savings time! Hard to get used to the darkness so early. Wonder why they can’t just leave it alone?
October was a pretty good month for sales: 19 Residential Sales ranging from $40,000 to $386,103. Median price was $180,000. For the same period last year there were only 9 sales but the median price was $183,000. 4 of these were REO properties. (REO properties are bank owned properties)
Condo Sales: just two last month, $105,000 and $137,500. One of those was an REO property. October of 2008 also had two sales but they were $230,000 and $290,000.
Vacant Land: 7 sales with a low of $16,000 and a high of $95,000. In 2008 there were just 5 sales from $30,000 to $89,500.
Currently there are 288 residential listings (active and/or pending), 52 condos and 300 vacant land.
Here’s some info, courtesy of the Northwest Multiple Listing Service:
KIRKLAND, Wash. (Nov. 5, 2009) – Credit the tax credit and its impending expiration deadline for a surge in home sales last month. Members of Northwest Multiple Listing Service reported a 63 percent jump in pending sales during October compared to the same month a year ago, a gain many brokers attribute to a tax credit that is set to expire at midnight on Nov. 30.
Every county except Okanogan reported double-digit gains in pending sales (mutual acceptance of an offer). Collectively, NWMLS brokers notched 7,235 pending sales during October. A year ago, they reported 4,445 pending transactions.
Northwest Multiple Listing Service, owned by its member brokers, is the largest full-service MLS in the Northwest. Its membership includes more than 24,000 brokers and agents. The organization, based in Kirkland, currently serves 19 counties in western and central Washington.
Clam diggers got the go-ahead to proceed with an evening razor-clam dig starting Wednesday, Dec. 2, with an additional four-day dig tentatively scheduled to start New Year’s Eve.
