Thursday, November 20, 2008

Snohomish County WA/ WCRER Housing Market Analysis/ 3nd Quarter 2008

Snohomish County Housing Data

Here is some interesting and helpful housing data:

According to the Washington Center for Real Estate Research 2008 Third Quarter Housing Analysis; Snohomish County home re-sales were down -6.2% from the previous quarter, and down -37.8% from the third quarter in 2007. Statewide home re-sales were down -5.1% from the previous quarter and down -26.0% from the third quarter in 2007. Overall building permits in Snohomish County are down -45.7% from the third quarter of the previous year, in comparison to the -42.5% reduction statewide. The median re-sale home price in Snohomish County is $340,000, above the statewide median of $281,500. The 2008 third quarter Housing Affordability Index (HAI) was 88.3 for Snohomish County, lower than the statewide index of 96.9.

See all WA county info: http://www.wcrer.wsu.edu/WSHM/2008Q3/Snapshot_q308.pdf

No comments: