Uncategorized January 25, 2012

Washington Stats for 2011, A Year in Review

  • 85,870 – Homes sold in Washinton in the 3rd quarter for 2011; up 0.8% from the previous quarter

  • $225,300 – Median home sales price in Washington, down 9.5% from 2010
  • 60.7 – A typical family has income 60.7% ABOVE that required to qualify to purchase a median priced home, this is a record high!!

  • 26,471  –  Number of homes currently in the Foreclosure pipeline as of September 30, 2011
  • 5.0%  –  Apartment vacancy rate in 3rd quarter

  • 3,625  –  Single family building permits issued in Washington during the 2nd quarter, up 26.7% from last year
  • 5,001  –  Number of completed foreclosures in our state for the 3rd quarter, down 30.7 % from 2010
  • $952  –  Average apartment rent in Washington

All information taken from the Washington Association of Realtors winter 2012 magazine