The Phil Leng Team: Washington: Issaquah

2011 Market Report Condos for Issaquah, Washington

2011 Market Report Condos for Issaquah, Washington

2011 Market Report Condos for Issaquah, Washington

Issaquah real estate and politics were on a lot of peoples minds this last year. Now that the year is over we can report activity, averages and trends.

Issaquah real estate activity was slow but picking up last year, based on the available information and experience of the Phil Leng Team. We have sold many homes this past year, with an average market time of 49 days.

However the overall statistics for Issaquah are sobering. Which of these two categories do 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.  Let's go Green!
2011 Market Report Condos for Issaquah, Washington


The trend of median sold prices in Issaquah is dropping according to this next graph. The median price appears to have fluctuated somewhat through 2011.
2011 Market Report Condos for Issaquah, Washington

Perhaps the good news in Issaquah 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 is down 11%.
2011 Market Report Condos for Issaquah, Washington

The average Days on Market in Issaquah appears to have been going down dramatically, perhaps because sellers are awaiting a more favorable change in the market and remove the prospect of selling from the table.
2011 Market Report Condos for Issaquah, Washington

If you are a serious seller and need to sell, there is some good news. The Months supply of inventory in Issaquah, Washington has gone down. The graph shows 39% over the year, however it will not actually be by that much once the properties come on the market this spring.
2011 Market Report Condos for Issaquah, Washington

Conclusion:   If you are a serious seller and need to sell this next year in Issaquah, 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 Issaquah, Washington is from the NWMLS and is their property. Accuracy has not been independently verified.


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The Phil Leng Team

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Comment balloon 0 commentsPhil Leng • January 22 2012 07:58PM
2011 Market Report Condos for Issaquah, Washington
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