Covington Real Estate Report Summary for May 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 Covington 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 Covington. Enjoy!

Reporting only Single Family Homes there were:

• 27 ACTIVE Homes for Sale
• 29 PENDING Sales
• 40 SOLD Single Family Homes

Sales ranged from a low of $165,000 to a high of $459,950. This range is broken done by:

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

The median SOLD price for single family homes in Covington was $262,975 with the average days on market being only 26 days.

The median price per square foot for sold listings in this area is $158.

Find Homes for Sale in Covington WA

Under $250K $250K – $500K $500K – $750K $750K – $1M $1M – $1.5M $1.5M – $2M Over $2M

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

2014 Stats

Reporting only Single Family Homes there were:

• 42 ACTIVE Homes for Sale
• 44 PENDING Sales
• 289 SOLD Single Family Homes

Sales ranged from a low of $72,000 to a high of $649,000. This range is broken done by:

• 139 home sales under $250K
• 149 home sales were between $250K and $500K
• 1 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 between $1.5M and $2M
• 0 home sales over $2M

The median SOLD price for single family homes in Covington was $255,000 with the average days on market being only 27 days.

The median price per square foot for sold listings in this area is $148.