The Seattles Times is reporting today that the number of homes sold in King County was down 18% from a year ago. I decided to do some quick number crunching and found that here in Snohomish County, sales volume has dropped even further: 25% (from 635 homes sold in 2009 to 476 this year). That number is three percentage points higher if you account for condominium sales as well.
Our fair city of Edmonds did far better, closing just 13% less homes August '10 (39 sold) than in August '09 (45).
Here's a quick breakdown of how each neighborhood in Edmonds did last month (compared to year-ago figures):
- Edmonds Bowl: no change (4 sales in August '09 & '10)
- 5 Corners: +300% (3 sales last month vs. zero in August '09)
- Downtown: +200% (2 sales last month vs. zero in August '09)
- Edmonds Comm College:no change (zero sales in August '09 & '10)
- Esperance: +100 (1 sale last month vs. zero in August '09)
- Lake Ballinger: no change (2 sales each in August '09 & '10)
- Meadowdale: -33% (6 sales last month vs. 9 in August '09)
- Perrinville: no change (zero sales August '09 & '10)
- Seaview: -71% (2 sales last month vs. 7 in August '09)
- Westgate:+100% (2 sales last month vs. 1 in August '09)
- Woodway: +100% (1 sale last month vs. zero in August '09)
- Yost Park: +100% (1 sale last month vs. zero in August '09)
These numbers will vary slightly as sales depend on agent designation of neighborhoods.
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_______________________
Casey Bui, MPA
Managing Broker,
Residential Real Estate Division
Rockwell Realty
(206) 234-5611
caseybui@gmail.com
