Washington State Real Estate Data

State-wide Data For 2010

Existing Home Sales in WA = 84,890 up 0.1% from 2009

Decline in Existing Home Sales(units) since peak in 2005 = 46.8%

Median Existing Home Sales Price = $250,400, Down 1.6% from 2009

Median Home Price Decline since 2007 Peak = 20.4%

Average Mortgage Rate in 4th Qtr 2010 = 4.62%

Months Supply of homes on market at end of 2010 = 7.6

Mortgages at some stage of foreclosure in late 2010 = 35,300 up from 24,900 in late 2009

All-Buyer housing affordability index in 4th Qtr of 2010 was at an ALL TIME High of 149.4.  The median income family has 49.4% more income then the minimum required to purchase a median priced home…State-wide

Washington home ownership rate in late 2010 = 64.7%, down from 69.2% at the peak in 2005

First-time homebuyers who cite tax advantages as a major reason for buying a home in 2009 = 51.8%, (may reflect govt tax credit)

Source: Washington Realtors®, www.warealtor.org

About admin

Presently I'm a full time Real Estate Broker with John L. Scott Real Estate in Poulsbo, WA. In Kitsap County, our team of two earned one of only four "Presidents Elite" awards for Sales in 2010! I received my degee in Electrical Engineering (BSEE) from the University of Washington in 1999 and then worked as a Sr. System Engineer for Cerner Corp. in Kansas City, MO. I worked on IBM/AIX Servers running Oracle Databases, and MS Windows workstations on the client side installing, updating, and educating clients in the Hospital & Healthcare industries. Previous to all this, I co-founded 2 electronics companies which designed and manufactured a variety of electronic products including test equipment for Volve Penta and Volvo Cars of N. America, Marine Sonar equipment and fish finders, and then our own unique non-intrusive unltrasonic tank fluid monitoring system, which found applications in diverse industries including: cosmetics, nuclear, food, chemicals and semi-conductor processing. In these ventures my positions varied from product design, product development management, and marketing. If you haven't see the new Real Estate Site, for my partner Jana Salmans and I, please visit: http://www.JanaAndBrian.com Thank You for visiting, please come back often. -Brian Wilson (admin)
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