The Phil Leng Team: Washington: Carnation

2011 Market Report for Carnation, Washington

2011 Market Report for Carnation, Washington

2011 Market Report for Carnation, Washington

Carnation real estate was talked about more than Carnation cows last year. Now that the year is over we can report activity, averages and trends in this 2011 Market Report for Carnation, Washington.

I would characterize Carnation real estate activity as brisk and picking up based on the experience of the Phil Leng Team. We sold 68 homes this past year, with an average market time of 49 days!

However the overall statistics for Carnation are sobering. Look at this graph. The red bar is the number of houses for sale in any given month. The Green bar is the number of houses sold in any given month. Which of these two categories would you want to be in? The red category, or the green category? If you use The Phil Leng Team to sell your property this year, we will help you get into the sold category!
2011 Market Report for Carnation, Washington

The trend of median sold prices in Carnation is slightly lower from this next graph. The median price in this 2011 Market Report for Carnation, Washington appears to have gone down 6% through 2011.
2011 Market Report for Carnation, Washington

Perhaps the good news in Carnation is that the number of new properties going for sale every month has been dropping over the last year. It looks like the trend of new listings every month in this 2011 Market Report for Carnation, Washington is down 45%. If you like your house, and do not need to sell it in the next 5-10 years, why put it up for sale? It is just an aggravation for you. If you do really need to sell it, hire The Phil Leng Team to make sure it does sell and close.
2011 Market Report for Carnation, Washington

The average Days on Market in Carnation varied by month last year. Although the graph shows a 51% drop in days on the market from Dec to Dec., at the end of the year the average days on market was almost 60 days, and last Fall it was over double that.
2011 Market Report for Carnation, Washington

If you are a serious seller and need to sell, the next graph is good news. The Months supply of inventory in Carnation Washington has gone down. The graph shows a 53% drop over the year. I believe this is a real trend from this 2011 Market Report for Carnation, Washington as those who do not really need to sell simply defer their plans until a later time.
2011 Market Report for Carnation, Washington

My pitch? If you are a serious seller and need to sell this next year in Carnation, hire The Phil Leng Team. We have the experience and the track record to help you reach your real estate goals this year.

All data for this 2011 Market Report for Carnation, Washington is from the NWMLS and is their property. Accuracy has not been independently verified.





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Comment balloon 1 commentPhil Leng • January 16 2012 12:04AM
2011 Market Report for Carnation, Washington
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