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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Moses Lake. Low rates with falling home prices makes a home purchase a great value! Call now for more information at Debra @ 509-771-9099 or Raymond @ 509-771-0027
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| Average Home Price | $175,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 5-10% |
| Average Time on Market | More than 120 days |
| Best Selling Price Range | $100,000 - $149,000 |
| Worst Selling Price Range | $300,000 - $349,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Moses Lake is | Increasing |
| Seller Activity for the past 90 days in Moses Lake is? | Increasing |
| Multiple Offers? | No |
| Multiple Offers Commentary | Occassional for an exceptionally priced property |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 10-15% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | It not as hard to get financing as some make out. Steady job, decent credit score, reasonable debt to income ratio and you can get financed. |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Job Growth |
| Nearest Metro Area | Spokane |
| Housing Hot Spots | Most cities within the Grant County area are considered 'Housing Hotspots'. Low cost of living attracts retirees and people who want an affordable vacation home in our 300 days of sunshine. |
| Average Sold Price | $175,000 - View Graph Trend |
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Top Agent
HouseHunt, Inc.
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