Skagit County Housing Market, WCRER 2010 Fourth Quarter

According to the Washington Center for Real Estate Research 2010 Fourth Quarter Housing Analysis; Skagit County home re-sales ( # of units sold) were up 13.1% from the previous quarter, and down -18.3% from the fourth quarter in 2009. Statewide home re-sales ( # of units sold) were up 17.7% from the previous quarter and down -21.5% from the fourth quarter in 2009. Overall building permits in Skagit County were down -36.2% from the fourth quarter of the previous year, in comparison to the 16.4% increase statewide. The median re-sale home price in Skagit County was $228,300 (up 2.4% from the fourth quarter in 2009), below the statewide median of $239,000 (down -2.0% from the fourth quarter of 2009). The 2010 Fourth Quarter Housing Affordability Index (HAI) was 139.4 for Skagit County, lower than the statewide index of 149.3.

For more info: http://www.wcrer.wsu.edu/WSHM/WSHM.html