Washington PA Market Area Data August 2009

The Washington, PA area market is looking a tad bleak for the month of August 2009. As the below data shows there were not too many closing activities for last month. 39 is a low figure for this large of an area. The inventory of homes shows that on September 5th there were 263 active listings and 65 listings that are in some stage of a contractual agreement of sale. 30 homes expired from the listing service during August. The overall median (50% or more) time of homes on the market before they went under contract shows 66 days. The median sale price for all homes that closed in the area is showing $230,569. These figures are pulled directly from the West Penn Multi List system and are assumed but not guaranteed to be accurate. It's the best data I can come up with for local buyers and sellers to evaluate what's going on with the current local market. The area includes The City of Washington and all the contiguous townships, also all the areas to the west state line with WV.

LIST PRICE

ACTIVE Listings

PENDING Listings

Pending Ratio%

AUG Expired

AUG SOLD

MEDIAN LIST Price

MEDIAN SOLD Price

List-Sale Ratio%

MEDIAN DOM

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0 - 74,999

63

13

21%

8

10

$57,400

$56,400

98%

16

 

 

 

 

 

 

 

 

 

 

75,000 124,999

49

14

29%

6

9

$111,500

$111,500

100%

69

 

 

 

 

 

 

 

 

 

 

125,000 174,999

51

15

29%

7

10

$137,400

$135,325

98%

54

 

 

 

 

 

 

 

 

 

 

175,000 224,999

29

11

38%

3

3

$217,000

$210,000

97%

144

 

 

 

 

 

 

 

 

 

 

225,000 274,999

33

6

18%

3

1

$229,500

$219,900

96%

66

 

 

 

 

 

 

 

 

 

 

275,000 324,999

12

1

8%

1

3

$279,900

$252,000

90%

47

 

 

 

 

 

 

 

 

 

 

325,000 374,999

4

2

50%

0

1

$349,500

$335,000

96%

147

 

 

 

 

 

 

 

 

 

 

375,000 424,999

6

1

17%

0

1

$375,000

$350,000

93%

49

 

 

 

 

 

 

 

 

 

 

425,000 474,999

4

2

50%

0

1

$429,000

$405,000

94%

6

 

 

 

 

 

 

 

 

 

 

475,000 524,999

2

0

0%

0

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

525,000 799,999

10

0

0%

1

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

800,000 1,000,000

0

0

 

1

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals:

263

65

25%

30

39

$242,911

$230,569

96%

66


If you are looking to buy or sell an property I can direct you to good quality agents to assist you in the process. Visit my web site to get more information on this free service to buyers and sellers of local real estate.

CurbChat.com

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