Here is the DuPont WA condo real estate market update for September 2014.
The condo market in DuPont WA is a thriving part of Northwest Landing. Here is a special real estate market update just on the condo activity.
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Learn more about the entire DuPont real estate market and area.
Some of the condo complexes include, Bay Colony, Black Hawk, Madera, Palisade Park, Savannah Oaks, Spy Glass and Yehle Park.
DuPont condo real estate market snapshot for January to September 2014 (Year-To-Date).
- Average Sales Price is $168,462. Last year at this time, the average sales price was $181,171.
- Number of Condo Sales is 26 vs. 18 condo sales last year at this time.
- Months of Inventory right now is in a seller’s market (2 months of inventory). Last year at this time was a buyer’s market.
- How fast are condos selling in DuPont? On average, condos were on the market for 132 days. Condos typically take a little longer to sell because of a limited buyer pool. Financing also hampers the number of buyers. During the worst of the market, obtaining loans was challenging if the buyer used an VA or FHA loan to purchase a condo. Get tips about buying a condo.
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If you’d like to learn more about how your home fits into this market and would like a personalized home evaluation, feel free to email me (francine.viola@cbolympia.com) or call me today at (360) 359-0689. With no obligation, I can give you straight-forward, fact-based information so you can decide if the time is right to make your next real estate move.
Statistics not compiled or published by the Northwest Multiple Listing Service. Statistics compiled by Francine Viola from NWMLS data.
Originally posted and written by Francine Viola at her blog site, www.InTuneRealEstate.com where you can learn more about the real estate market and get tips and advice for a smooth real estate transaction!