| Market Commentary Provided by Terri Neilon Sellers can offer concessions like a credit towards buyers closing cost, home warranty plan, updating allowance to make their homes stand out and give the buyer an incentive to purchase their home. Then it is a WIN-WIN for all. |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL
Terri Neilon
RE/MAX Acorn Properties Oak Harbor, Washington 360-672-4559 terri@onwhidbey.com Agent Home Page |
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| Nearest Metro Area | |||||
| Buyers’ or Sellers’ Market | More buyers than sellers | ||||
| Average Time on Market | 90-120 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $300,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Down 0-5% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | First Time Buyers | ||||
| Buyer Activity for the past 90 days in Coupeville, Langley, Freeland and Clinton is | |||||
| Seller Activity for the past 90 days in Coupeville, Langley, Freeland and Clinton is | |||||
| Is Financing Available For Qualified Buyers in Coupeville, Langley, Freeland and Clinton? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | First time home buyers are getting a huge benefit with so many home to choose from and interest rates expected to drop. Sellers are offering concessions to get their homes sold. | ||||
| Reason to Buy/Sell | Other | ||||
| Average Sold Price | $300,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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