| Snohomish County Stat Comparison | March | February | January | December |
Residential Home Sales | 838 | 595 | 501 | 729 |
Residential Homes Pending Sale | 1,475* | 1,349 | 1,205 | 1,134 |
Active Residential Listings | 3,439 | 3,112 | 3,112 | 3,817 |
*881 went pending in the month of March
As you can see by the numbers the real estate market is gaining momentum for spring. Look for this to continue! This month, let’s take a closer look at home sales compared to previous years.
- March 2007: 838 closed sales with 65% selling within 60 days
- March 2006: 1288 closed sales with 71% selling within 60 days
- March 2005: 1290 closed sales with 72% selling with in 60 days
- March 2004: 1128 closed sales with 62% closing with in 60 days
- March 2003: 949 closed sales with 65% closing with in 60 days.
It’s interesting to note that today’s market is very similar to the 2003 market, which was a record setting year until 2004 came around…
Interest rates remain around 6.25% for a 30-year fixed with no points.
