Vashon Real Estate: Market Trends
November 20, 2008 at 1:34 am Leave a comment
RealtyTrac’s foreclosure numbers for Octobergrew dramatically, more that tripling in King County from September and the previous October. Specifically, 935 homes in King County were issued Notices of Trustee Sale. Compare the numbers to September 2008 (260) and October 2007 (282). The good news, however, is that the rate of increase is below the national rate. RealtyTrac suggests that Seattle may be seeing larger increases recently because the foreclosure surge in the region started later than the majority of the country.
October Home Sales
Seattle Region Vashon
Closed Sales 10/2007 1659 6
Closed Sales 10/2008 1319 4
Per cent change -20.5% -33.3%
Median Price 10/2007 $443,950 $547,500
Median price 10/2008 $392,000 $476,250
Per cent change -11.7% -13.0%
Entry filed under: • Real Estate, Housing Market News, Real Estate Statistics. Tags: Seattle home sales, Seattle real estate, Vashon home sales, Vashon real estate.


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