Lynnwood Real Estate Report Summary for June 2015

Information is always a good thing. The more we learn, the more informed we are, and the easier it is to make educated decisions. Whether you are buying, selling or investing in a Lynnwood home you need to do just that – make an educated decision! We’ve put together a snap shot of what the real estate market in Lynnwood looked like for the year end for 2014. Enjoy!

Reporting only Single Family Homes there were:

• 68 ACTIVE Homes for Sale
• 36 PENDING Sales
• 147 SOLD Single Family Homes

Sales ranged from a low of $84,000 to a high of $820,000. This range is broken done by:

• 25 home sales under $250K
• 106 home sales were between $250K and $500K
• 15 home sales were between $500K and $750K
• 1 home sales were between $750K and $1M
• 0 home sales were between $1M and $1.5M
• 0 home sales between $1.5M and $2M
• 0 home sales over $2M

The median SOLD price for single family homes in Lynnwood was $360,000 with the average days on market being only 31 days.

The median price per square foot for sold listings in this area is $182.

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Want to Buy, Sell or Invest in Real Estate?

Are you interested in buying a home?  Stay on top of the market! We can send you real-time listings of area homes as they come on the market – find out how. Want to find out what your home is worth?  Request a FREE Market Analysis TODAY! Contact the Knowles Team TODAY at (206) 588-8418 to discuss what is happening in today’s Greater Seattle area Real Estate Market. The Knowles Team will be happy to give you a personalized Comparative Market Analysis for your home or assist you in purchasing a home.

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Past Market Reports

May 2015

Reporting only Single Family Homes there were:

• 131 ACTIVE Homes for Sale
• 134 PENDING Sales
• 142 SOLD Single Family Homes

Sales ranged from a low of $30,000 to a high of $638,450.  This range is broken done by:

• 23 home sales were under $250K
• 107 home sales were between $250K and $500K
• 12 home sales were between $500K and $750K
• 0 home sales were between $750K and $1M
• 0 home sales were between $1M and $1.5M
• 0 home sales were between $1.5M and $2M
• 0 homes sales were over $2M

The median SOLD price for single family homes in Lynnwood was $348,891 with the average days on market being only 25 days.

The median price per square foot for sold listings in this area is $180.

2014 Stats

Reporting only Single Family Homes there were:

• 155 ACTIVE Homes for Sale
• 108 PENDING Sales
• 858 SOLD Single Family Homes

Sales ranged from a low of $100,000 to a high of $1,125,000.  This range is broken done by:

• 78 home sales were under $250K
• 692 home sales were between $250K and $500K
• 76 home sales were between $500K and $750K
• 1 home sales were between $750K and $1M
• 1 home sales were between $1M and $1.5M
• 0 home sales were between $1.5M and $2M
• 0 homes sales were over $2M

The median SOLD price for single family homes in Lynnwood was $360,000 with the average days on market being only 30 days.

The median price per square foot for sold listings in this area is $167.