LakeLand Village Homes for Sale & Sold Market Report ~Allyn, WA~ August~
LakeLand Village~Homes for Sale~Homes Sold~Market Report~LakeLand Village for the month of August 2010~
Fall is in the air, the weather can't decide whether it wants to rain or not, be hot or cold and the days are slowly getting a little shorter...... The kids are getting ready to head back to school August 1st as well!
So what is the LakeLand Village Real Estate Market doing during this season transition?
LakeLand Village had seen a steady rate of 2 homes sold per month on the average over the past year, but we seemed to have dropped to only one per month for the month of August as well as a few other months this year only showed one closing in LakeLand Village.
One home for sale accepted an offer and was placed under contract during the month of August. Not a good sign for buyer activity, but it was a higher end home which was nice to see a higher end home selling.
Pending sales and solds do reflect that the buyers are all shopping in a price range of well under $350,000 for the most part... Hmmm.... if you are selling your home these are really important numbers to be looking at! The dollars per square foot they are making offers on is pretty astounding to see!
The inventory of homes for sale in LakeLand Village is at 27 active homes for sale listed with Real Estate Agents. It has stayed consistent inventory wise. This time of year is typically when we start to see more homes come off the market for sale as owners re-group and possibly go a different route with their real estate goals. Let's check out the numbers...
Active Homes for Sale In LakeLand Village:
- Average Price : $306,507
- (2) under $200,000
- (6) $200,000 to $250,000
- (6) $250,000 to $300,000
- (7) $300,000 to $350,000
- (5) $350,000 to $400,000
- (0) (400,000 to $450,000
- (1) over $500,000
- Average $$'s per square foot : $159.97
- Average Days on the Market: 237 days
Pending Homes Sales in LakeLand Village:
Out of the many homes for sale in LakeLand Village over the last six months, there are currently 3 homes for sale pending (meaning they have mutually accepted offers on them between buyer and seller). The summary is:
- Average Price : $244,975
- Average $$'s per square foot : $113.33
- Average Days on the Market: 724.50 days (looking to find out how to shorten your market time?? Call me let's talk about it!)
One of the reasons two of these homes are still pending is because they are short sales. A short sale is when a seller owes more on the property that what they are selling it for.
Sold Homes in LakeLand Village:
There was only one home that sold in the month of August in LakeLand Village.
It was not a bank owned property nor a short sale. It was a higher end home listed at $395,000 and sold for $380,000. We have not seen a sale above $350,000 for the year in Lakeland Village until now . The average dollar per square foot of the sold home was $134.56 which is right on the money for what the normal resales in LakeLand Village have been selling for.
We are all hoping to see more activity in the coming months and the home sale market stabilizing into a more normal pattern. It has been a fairly unpredictable market as of late just not knowing or seeing as many buyers coming through the door.
So what's the deal Buyers? Tell us - what is holding you back?? There are so many awesome homes at awesome prices out there.... there is something for everyone!
Well - until next time - HAVE A SUPER DAY! See ya next month!
If you would like more information on Belfair, Allyn and LakeLand Village homes for sale or Hood Canal and Puget Sound Waterfront Homes for Sale, drop me a line, give me a call, or stop on by. You can also check out the many choices and prices on my website!
Whether you are buying or selling a home, don't put your goals off without talking to a local real estate expert with knowledge of homes for sale on Hood Canal, Southern Puget Sound as well as LakeLand Village, Allyn, Belfair and the surrounding area.
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