As seen above chart, Residential active listings units dropped 20.55% from 8707 units in 2008 to 6918 units in December 2009 while Pending Residential units increased 55.10%, as Dec 09 pending listings were 1413 units compare to 911 units in December 2008.  There is a huge increase in sold units at 57.37%, 1462 units closed in 2009 vs 929 units in 2008.  Snohomish County Sold Residential unit increase is at 89.02% when compared to 2008.

As seen above chart, Median Price declined all across for Active, Pending and Sold Listings.  For December 09 sold median price was $380,000, dropped 6% compare to Dec 2008 while year to date Median price dropped further to 11.62%.

As seen above chart, the other important indicator to watch is “Days on the market” (DOM). There isn’t a significant difference, as little as 1.19% for Dec 09 and 6.85% for the year.

Over all, Inventory of homes dropping while sold home units are increasing. December 2009 Market Trend is showing a promising future for buyers and sellers. Yes, values are declining as there is activity out there…..

If you would like more personalized information for your area, please contact me via emailSebnem.oden@exprealty.com or visiting my website www.ProKeyRE.com

Wishing you a prosperous real estate future….

I often get calls from my active buyers asking “when to buy”. My sellers are asking me “when you sell”. Each party wants to know how long to wait before pulling the trigger.  My answer is “when it is the right time for you, your budget and your family”.  Each person has a different life event that calls to buy or sell real estate.

Northwest Multiple Listing Service (MLS) reported as following stats for Dec 2009.

As seen above chart, Residential active listings units dropped 19.01% from 4362 units in 2008 vs 3533 units in 2009 for the month of December while Pending Residential units increased 38.02%, as Dec 09 pending listings were 628 units compare to 455 units in December 2008.  There is a huge increase in sold units at 89.02%, 654 units closed in 2009 vs 346 units in 2008.

As seen above chart, Median Price declined all across for Active, Pending and Sold Listings.  For December 09 sold median price was $287,000, dropped 19% compare to Dec 2008 while year to date Median price dropped further to 13.06%.

As seen above chart, one other important factor to watch is “Days on the market” (DOM). Due to better pricing of the homes as they get listed, DOM has dropped 12.3% for sold listings in December 2009 vs 2008.

Over all, Days on the market is shortening, Inventory of homes dropping while sold home units are increasing. December 2009 Market Trend is showing a promising future for buyers and sellers. Yes, values are declining as there is activity out there…..

If you would like more personalized information for your area, please contact me via email Sebnem.oden@exprealty.com or visiting my websitewww.ProKeyRE.com

Wishing you a prosperous real estate future….

This quaint river-side towne is famous for its Historic Homes and Gardens. Snohomish architecture contains a delightful variety of styles.  As an example, Blackman House is a must see. A Dutch colonial style with Queen Anne Towers, it is located on the corner of Fourth Street and Avenue D. Snohomish architectural collections reflect Queen Anne Victorians, English Tudors and Dutch Colonials as a testament to the diversity of Snohomish pioneer residents. Historic Homes Tour are offered for those who appreciate a stroll among gorgeous historic homes.

 Snohomish Garden Club held its 25th Annual Snohomish GardenTour on July 26th 2009 featuring gorgeous gardens among Historic Snohomish Homes on a lovely Sunday afternoon.  Do not miss this Summer’s 2010 Garden Tour.

Historic Downtown was a busy hub for milling, timbering and farming in 1860s. Today, there are delightful varieties of charming shops on First Avenue where visitors can take a day and…  

• Discover antiques, collectibles and modern gift shops,
• Explore Native American artifacts and stain art glass shops,
• Recall your parents past with nostalgic vintage and contemporary items at Pegasus Theatre Store
• Relax at Bee Hive Day Spa
• Enjoy a nice selection of brews at Fred’s Rivertown Alehouse,
• Snohomish Bakery will entice and satisfy you with arguably the best European pastries and breads in Washington- my personal favorite! 

The Snohomish and Pilchuk Rivers border the town and provide a long list of recreational activities for the whole family. A natural choice for a scenic route through downtown is the Snohomish Riverfront Trial.

For those with more lofty ambitions or the need for adrenaline try out Airial Ballon Co’s Hot air balloon for stunning views of Snohomish River Valley and Harvey Airfield for Skydiving lessons, helicopter tours and even chartering your own plane.  

Snohomish Farmers Market is available on Thursday Evenings, 3pm until 7:30pm May 14th – Sep 24th. And offers wide varieties of cut flowers, fruit and farm fresh vegetables.

In Snohomish’s Ghost Sightings are common, especially at the Oxford Saloon. You may want to stop by to check out the picture album of ghosts… You may meet Joe, Madame Kathleen and Mr Peterson.

Some of the upcoming events are fun for kids all ages, GrandFrog Day, Easter Parade, Snohomish Festival of Pumpkins, Kla Ha Ya Days… Snohomish activities list is endless…

Snohomish is a strong cohesive community even though many residents commute to Everett, Seattle and Eastside. Snohomish residents take pride in maintaining the historic values of their town and are proud to be Snohomish Residents. The county is also well managed fiscally. Snohomish residents enjoy lower real estate taxes than their King County neighbors

The town of Snohomish is very dear to my heart since one of my best friends lived and owned a business, Casa e Cucina Francesca in town. Local residents are very welcoming and friendly to visitors or to new home owners. If you know anyone who would like to make Snohomish their home, there is a wonderful Victorian is for sale located at 324 Avenue E, Snohomish, WA 98290.

This True Victorian was crafted in 1890 and sits on 1/4 acre lot in Snohomish’s Historic District. The garden boasts 70+ types of Roses and delicious Wine Grapes to eat or make wine. The outdoor pond makes a great place to relax watching the Hot Air Balloons float by from the valley below.

Inside this home the gourmet Kitchen was recently updated with granite counters and elevated maple cabinetry (ideal for taller cooks). The Wood floors were just refinished and are beautiful. Sconces & chandeliers reflect Victorian Era romance! Enjoy the cozy gas fireplace during chilly winter nights. The original 1890′s deed, signed by United States President, US Grant  and the original Heirloom Oil painting of the home make this a truly unique home of historic significance.

This wonderful Victorian is only a short stroll to the shops and restaurants described above.