Valerie's Belfair WA Real Estate Blog: LakeLand Village Homes for Sale and Sold~March 2010 Real Estate Market Report~

LakeLand Village Homes for Sale and Sold~Market Report~March 2010 Real Estate Market Report~

The calendar says it is spring, but the weather sure has been a little more wintry than we would expect!  I know we are all waiting for some warmer and sunnier weather and soon it will be upon us....

SO how about the real estate weather in LakeLand Village for the month of March?  What's been going on?  Let's take a look....

We had great hopes of having many buyers out and about to be able to take advantage of the of the First Time home buyers tax Credit as well as the expansion credit to current homeowners, and March showed quite a few homes for sale in LakeLand Village with accepted offers.

Pending sales and solds do reflect that the buyers are all shopping in a price range of well under $300,000 for the most part...  Hmmm.... if you are selling your home these are really important numbers to be looking at!

The inventory of homes for sale in LakeLand Village is at 28 active homes for sale listed with Real Estate Agents. It has stayed consistent for quite a few months with some homes coming off the market, some receiving offers and being sold. This is typically when we do see more homes come on the market for sale though.

• Average Price : $316,167
• Average $$'s per square foot : $152.00 ( a considerable drop since the last report as well as coming more into line with the sold properties).
• Average Days on the Market: 191  

Out of the many homes for sale in LakeLand Village over the last six months, there are currently 6 homes for sale pending (meaning they have mutually accepted offers on them between buyer and seller). The summary is:

• Average Price : $296,482 (a considerable increase as well from the last report) 
• Average $$'s per square foot : $134.00 (an increase over the last report. This is more than likely from the bank owned properties and the less expensive inventory already being sold).
• Average Days on the Market: 302

January 2010 showed one home sold; February showed there were NO sold properties in LakeLand Village for the month of February.

Out of the six current pending homes for sale, 3 of those came under mutually accepted contract in February and the other 3 came under a mutually accepted contract in March.  Hopefully April will see some of these homes close.   Will keep you posted!

There was one home sold (the transaction was completed and the home now has new owners) -

The home sold for $233,500 with a dollar per square foot of $144.32 and days on the market 134. Looks as though this home was priced and positioned correctly on the market for a sale!

HAVE A SUPER DAY!  See ya next month!

Ohhh and pssssst...... don't forgot about the Tax Credit Extension and EXPANSION that now allow current homeowners who are buying a new primary residence to acquire up to a $6500.00 tax credit as well! And we are counting down to the end of the First Time HomeBuyer tax Credit and Expansion!!!!  You have until April 30 of this month to be under a mutually accepted contract and need to be closed by June 30 of this year.   

Previous Month's Market Reports for Homes for Sale and Sold in LakeLand Village, Allyn, WA: 

• October 2009
• September 2009
• August 2009
• July 2009
• June 2009 -
• May 2009 
• April 2009
• March 2009
• February 2009
• January 2009
• 2008 LakeLand Village Market Report