Monday, January 16, 2012

Washington Real Estate Market Research Update

Derived from the Washington Association of REALTORs, the data for the last quarters of 2011 has been compiled as follows:


85,870  Homes sold in Washington in 3rd quarter, 2011, up 0.8% from previous quarter.


$225,300  Median home sales price in Washington in 3rd quarter, down 9.5% in last year.


3,625  Single-family building permits issued in Washington during the 2nd quarter of 2011.  Up 26.7% 
from last year.


62.9%   Homeownership rate in Washington in 3rd quarter 2011. Down from 66.9% in 2008.


5.0%   Apartment vacancy rate in Washington in 3rd quarter 2011.


$952   Average apartment rent in Washington n 3rd quarter 2011.

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