Auburn Home Prices Spike

AuburnPricesUp11_8_HeaderPublished July 2015 by AuburnReporter.com

Home prices in Auburn jumped 11.8 percent, even though home sales dropped 4.1 percent in June compared to the same month last year.

A total of 142 homes were sold at a median price at $313,000, according to numbers compiled by Redfin, a Seattle-based real estate company.

The median home price was $320,000 for single-family homes and $186,250 for condos and town-homes.

Auburn homes spent an average of 17 days on the market.

Note: The numbers only reflect transactions on the Multiple Listing Service, a local or regional database of available real estate for sale by member brokers.

 

Short Report. Big Numbers.

Although this report is very short, Auburn’s sales numbers provide a good barometer for the real estate market in the South End of Puget Sound. Not surprisingly, you’re likely to find the same trends in Sumner, Kent, Bonney Lake, Federal Way, and so on.

As a homeowner, if you’ve been waiting for a more “opportune” time to sell, you may want to reconsider.  This might be the best home-selling season in the last 30 years. The time to take advantage is now.

Call us for a free, no-obligation consultation. We’d be happy to share with you the current market and projections for the next 3 to 6 months.  We can provide you with a Free Price Evaluation of your home’s value in today’s market.  And we can discuss a strategy for selling your house and finding you a new home. As your trusted real estate professionals, let us put my experience and knowledge to work for you!

 

About Phillip Rodocker

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