According to the North Central Washington Multiple Listing, homes sold in August for an average price of $257,700. The length of time on the market was, on average, 159 days.
My prediction is that September will be the busiest month for the year as the first time buyers lock in the home of their choice. If you have a home you would like to sell under $250,000, now is the time to make your move. If you don’t get an offer by early October, my guess is that you have missed the market. Yes, sales will still happen after the government sponsored tax credit, but human nature tells me that there will be some lag time. Since we are headed into winter, look for sales to slow until spring.
