My New Blog

Market Report 7/1//2010 - 7/31/2010  Mason County Real Estate 

NOTE:  We apologize for the lateness of this report.  Maybe it's because July was not a good month for the real estate market, and we didn't want to have the proof. Sure enough, all but one of our NW counties had a decrease in sales over this time last year.  It's still a good time to buy, as interest rates are low, (4.42%) and there is a lot of inventory to choose from.   

Report: July 2010 Mason County Total Sales for all categories 2010 66  20 % decrease 2009  76 2008 78 2007 146 2006 224 Residential Sales 2010 45 Bank owned homes: 18 % of sales   8 2009 56 2008 64 2007 98 2006 137 Vacant Land Sales 2010 17   2009 17 2008 12 2007 43 2006 84 Manufactured Homes (parks) 2010 1   2009 3 2008 1 2007 2 Multi Family 2010 2   2009 0 2008 1 2007 0 Business Opportunity&Commercial 2010 1   2009 0 2008 0 2007 2 2006 0 Another report is comparing Active Listings to Pending Sales. A ratio of 5 Actives to 1 Pending indicates a good market. The current ratio (8/24/10) for Mason County is 1024 Active Listings to 48 Pending Sales.  Ratio is 21 to 1.  the market is not good. Market Report Mason County for year to date: 01/01 to 7/31/2010. Total Sales for all categories 2010 394 2009 363 2008 523 2007 912 2006 1309 Residential Sales 2010 294 Bank Owned:  23% 68 2009 272 2008 388 2007 522 2006 714 Vacant Land Sales 2010 88 2009 79 2008 120 2007 319 2006 560 Manufactured Homes (parks) 2010 2 2009 9 2008 5 2007 12 Multi Family 2010 2 2009 0 2008 2 2007 6 Business Opportunities & Commercial 2010 8 2009 3 2008 6 2007 15     Market Report: 7/1/2010 to 7/31/2010 for other counties, residential sales only Note comparison with previous years.    Grays Harbor: 6 % decrease 2010  51 Bank Owned:  27 % of sales      14    2009  54 2008  80 2007  119 Island County: 4 % decrease 2010  73 Bank Owned: 27 % of sales  15 2009  76 2008  83 2007  122 Jefferson: 25 % increase 2010  25 Bank Owned:  8 % of sales    2 2009  20 2008  32 2007  48 King: 21% decrease 2010  1303 Bank Owned:  12 % of sales    161      2009  1654 2008  1470 2007  2462 Kitsap: 29 % decrease 2010  181 Bank Owned:  17 % of sales    30 2009  256 2008  223 2007  329 Lewis: 50 % decrease 2010 33 Bank Owned:  21 % of sales    7 2009  66 2008  50 2007  82 Mason: 20 % decrease 2010  45 Bank Owned:  18 % of sales    8 2009  56 2008  64 2007  98 Pierce: 32 % decrease 2010  553 Bank Owned:  22 % of sales    124 2009  819 2008  672 2007  1017 San Juan:  25 % decrease 2010  12 Bank Owned: 17 % of sales  2 2009  16 2008  12 2007  18 Skagit: 28 % decrease 2010  79 Bank Owned:  18 % of sales    14 2009  110 2008  107 2007  162 Snohomish: 22 % decrease 2010  522 Bank Owned:  18 % of sales    94 2009  669 2008  516 2007  985 Thurston: 18 % decrease 2010  219 Bank Owned:  13 % of sales    28 2009  267 2008  279 2007  391 Whatcom: 36 % decrease 2010  216  Bank Owned:  7 % of sales  10 2009  216 2008  228 2007  292 All Counties this report: 24 % decrease 2010  3235 Bank owned:  16 % of sales  509 2009  4282 2008  4015 2007  6072 2006  2901         *Report is developed by John Borgert.  This is not a NWMLS report.  Date used is dependent on individual brokers posting sold properties in the month sold.  This is the reason the report goes out around the 10th of the month.  Information collected from the NWMLS system. Rules do not allow agents to send out information in a Broadcast form, if you want actual information on property please send a request and the information will be sent to you. Are you a gardener?  Get free garden tips for our region here.  Interest Rates Down Through the Years (we are continuing to present this info due to lots of interest in it).  [Information from Freddie Mac] Interest rates are really low right now, and this makes a big difference in your mortgage payments. Note, Interest have gone down again!  Interest rates have not always been so low. Let’s look back at the month of November down through the years: (By the way, the highest interest rate back in October of 1981 was at 18.45 %. The lowest was in June of 2003 at 5.23 %.) Current rate is 4.42% as of 8/24/2010.  1971 7.55 1972 7.43 1973 8.58 1974 9.79 1975 9.15 1976 8.81 1977 8.92 1978 10.11 1979 12.83 1980 14.21 1981 17.82 1982 13.82 1983 13.44 1984 13.64 1985 11.78 1986 9.70 1987 10.65 1988 10.27 1989 9.77 1990 10.01 1991 8.71 1992 8.31 1993 7.16 1994 9.17 1995 7.38 1996 7.62 1997 7.21 1998 6.87 1999 7.74 2000 7.75 2001 6.66 2002 6.07 2003 5.93 2004 5.73 2005 6.33 2006 6.24 2007 6.21 2008 October 6.20 2009     5.04 Purchasing power of a $1200.00 per month payment (principal and interest only does not include PMI, taxes or insurance) based on different interest rates.  Mortgage rates are very low right now!  Current rate is 4.42% as of 8/24/2010.  Purchase price Interest Rate Monthly payment $239,000.00     4.42%         $1200.00 $235,000.00     4.57%         $1200.00 $229,200.00     4.78%         $1200.00 $221,600.00       5.08%       $1200.00 $220,000.00       5.15%       $1200.00 $218,300.00      5.22%       $1200.00 $216,000           5.29%      $1200.00 $213,300.00       5.42%      $1200.00 $200,149.94         6%         $1200.00 $194,894.67         6.25%     $1200.00 $189,852.98         6.5%       $1200.00 $180,369.80         7%         $1200.00 $163,540.19         8%         $1200.00 $149,138.24         9%         $1200.00 $136,740.98         10%        $1200.00 $126,007.62         11%        $1200.00 $116,661.10         12%        $1200.00  Note: Why it matters: You could buy a $78,000 house at $1200 per month with an 18.45% interest rate. You could buy a $239,000 house with $1200 per month with a 4.42% interest rate. (08/24/2010)

Market Report 6/1//2010 - 6/30/2010  Mason County Real Estate 

NOTE:  It is a good time to buy with the interest rate at 4.57 (7/14/2010). You could buy a $235,000 house and payments would be $1200 a month.  The active to pending ratio has slipped to 18-1 today, which shows another slowing of the market.  Nevertheless most of our Counties are still showing an increase in sales over last year at this time. 

Report: June 2010 Mason County Total Sales for all categories 2010 74  17% increase 2009  68 2008 72 2007 162 2006 215 Residential Sales 2010 56 Bank owned homes: 20%of sales   11 2009 48 2008 51 2007 97 2006 117 Vacant Land Sales 2010 18   2009 19 2008 20 2007 62 2006 93 Manufactured Homes (parks) 2010 0   2009 1 2008 1 2007 1 Multi Family 2010 0   2009 0 2008 0 2007 1 Business Opportunity&Commercial 2010 0   2009 0 2008 1 2007 0 2006 2 Another report is comparing Active Listings to Pending Sales. A ratio of 5 Actives to 1 Pending indicates a good market. The current ratio 7/14/10) for Mason County is 903 Active Listings to 52 Pending Sales.  Ratio is 18 to 1. Market Report Mason County for year to date: 01/01 to 6/30/2010. Total Sales for all categories 2010 392 2009 287 2008 440 2007 766 2006 1085 Residential Sales 2010 297 Bank Owned:  26% 76 2009 216 2008 320 2007 454 2006 577 Vacant Land Sales 2010 86 2009 62 2008 107 2007 276 2006 476 Manufactured Homes (parks) 2010 1 2009 6 2008 6 2007 5 Multi Family 2010 0 2009 0 2008 1 2007 6 Business Opportunities & Commercial 2010 7 2009 3 2008 6 2007 13     Market Report: 5/1/2010 to 5/31/2010 for other counties, residential sales only Note comparison with previous years.    Grays Harbor: 14% increase 2010  64 Bank Owned:  31 % of sales      20    2009  56 2008  66 2007  104 Island County: 31% increase 2010  84 Bank Owned: 14% of sales  12 2009  64 2008  96 2007  116 Jefferson: 4% increase 2010  25 Bank Owned:  4% of sales    1 2009  24 2008  28 2007  40 King: 13% increase 2010  1884 Bank Owned:  10% of sales    180      2009  1673 2008  1526 2007  2697 Kitsap: 2% increase 2010  267 Bank Owned:  15% of sales    39 2009  261 2008  221 2007  322 Lewis: 7% increase 2010 64 Bank Owned:  31% of sales    20 2009  60 2008  46 2007  86 Mason: 17% increase 2010  56 Bank Owned:  20% of sales    11 2009  48 2008  51 2007  97 Pierce: 16% increase 2010  872 Bank Owned:  21% of sales    184 2009  753 2008  744 2007  1133 San Juan:  15% decrease 2010  11 Bank Owned: 36% of sales  4 2009  13 2008  15 2007  23 Skagit: 36% increase 2010  120 Bank Owned:  14% of sales    17 2009  88 2008  119 2007  187 Snohomish: 22% increase 2010  748 Bank Owned:  16% of sales    122 2009  615 2008  570 2007  1114 Thurston: 1% increase 2010  286 Bank Owned:  12% of sales    33 2009  285 2008  287 2007  396 Whatcom: 20% decrease 2010  176  Bank Owned:  9% of sales  15 2009  220 2008  194 2007  311 All Counties this report: 12% increase 2010  4657 Bank owned:  14% of sales  658 2009  4170 2008  4114 2007  6628 2006  8247         *Report is developed by John Borgert.  This is not a NWMLS report.  Date used is dependent on individual brokers posting sold properties in the month sold.  This is the reason the report goes out around the 10th of the month.  Information collected from the NWMLS system. Rules do not allow agents to send out information in a Broadcast form, if you want actual information on property please send a request and the information will be sent to you. Looking for something or somewhere in Mason County?  go here for our links to the community.  Interest Rates Down Through the Years (we are continuing to present this info due to lots of interest in it).  [Information from Freddie Mac] Interest rates are really low right now, and this makes a big difference in your mortgage payments. Note, Interest have gone down again!  Interest rates have not always been so low. Let’s look back at the month of November down through the years: (By the way, the highest interest rate back in October of 1981 was at 18.45 %. The lowest was in June of 2003 at 5.23 %.) Current rate is 4.57% as of 7/14/2010.  1971 7.55 1972 7.43 1973 8.58 1974 9.79 1975 9.15 1976 8.81 1977 8.92 1978 10.11 1979 12.83 1980 14.21 1981 17.82 1982 13.82 1983 13.44 1984 13.64 1985 11.78 1986 9.70 1987 10.65 1988 10.27 1989 9.77 1990 10.01 1991 8.71 1992 8.31 1993 7.16 1994 9.17 1995 7.38 1996 7.62 1997 7.21 1998 6.87 1999 7.74 2000 7.75 2001 6.66 2002 6.07 2003 5.93 2004 5.73 2005 6.33 2006 6.24 2007 6.21 2008 October 6.20 2009     5.04 Purchasing power of a $1200.00 per month payment (principal and interest only does not include PMI, taxes or insurance) based on different interest rates.  Mortgage rates are very low right now!  Current rate is 4.57% as of 7/14/2010.  Purchase price Interest Rate Monthly payment $235,000.00     4.57%         $1200.00 $229,200.00     4.78%         $1200.00 $221,600.00       5.08%       $1200.00 $220,000.00       5.15%       $1200.00 $218,300.00      5.22%       $1200.00 $216,000           5.29%      $1200.00 $213,300.00       5.42%      $1200.00 $200,149.94         6%         $1200.00 $194,894.67         6.25%     $1200.00 $189,852.98         6.5%       $1200.00 $180,369.80         7%         $1200.00 $163,540.19         8%         $1200.00 $149,138.24         9%         $1200.00 $136,740.98         10%        $1200.00 $126,007.62         11%        $1200.00 $116,661.10         12%        $1200.00  Note: Why it matters: You could buy a $78,000 house at $1200 per month with an 18.45% interest rate. You could buy a $229,200 house with $1200 per month with a 4.78% interest rate. (04/09/2009)

Market Report 5/1//2010 - 5/31/2010  Mason County Real Estate 

NOTE:  The active to pending ratio is 17-1 today, which shows a slowing of the market.  Nevertheless most of our Counties are showing an increase in sales over last year at this time. A slowing of the market would be due to the tax credit being discontinued.  Bank owned properties are still on the market and will have an impact on the market for the next couple of years.  It is still a good time to buy with the interest rate at 4.72 (6/14/2010).   

Report: May 2010 Mason County Total Sales for all categories 2010 77  8% increase 2009  64 2008 100 2007 140 2006 206 Residential Sales 2010 58 Bank owned homes: 24%of sales   14 2009 55 2008 71 2007 87 2006 119 Vacant Land Sales 2010 16   2009 7 2008 26 2007 51 2006 77 Manufactured Homes (parks) 2010 1   2009 1 2008 2 2007 2 Multi Family 2010 0   2009 0 2008 0 2007 0 Business Opportunity&Commercial 2010 2   2009 1 2008 1 2007 0 2006 2 Another report is comparing Active Listings to Pending Sales. A ratio of 5 Actives to 1 Pending indicates a good market. The current ratio 6/14/10) for Mason County is 879 Active Listings to 52 Pending Sales.  Ratio is 17 to 1. Market Report Mason County for year to date: 01/01 to 5/31/2010. Total Sales for all categories 2010 315 2009 219 2008 359 2007 604 2006 870 Residential Sales 2010 242 Bank Owned:  28% 68 2009 168 2008 61 2007 264 2006 460 Vacant Land Sales 2010 65 2009 43 2008 84 2007 214 2006 383 Manufactured Homes (parks) 2010 1 2009 5 2008 5 2007 4 Multi Family 2010 0 2009 0 2008 1 2007 6 Business Opportunities & Commercial 2010 7 2009 3 2008 5 2007 12     Market Report: 5/1/2010 to 5/31/2010 for other counties, residential sales only Note comparison with previous years.    Grays Harbor: 15% increase 2010  69 Bank Owned:  29 % of sales      20    2009  60 2008  67 2007  100 Island County:  54% decrease 2010  72 Bank Owned: 21% of sales  15 2009  75 2008  75 2007  104 Jefferson: 125% increase 2010  27 Bank Owned:  25% of sales    3 2009  12 2008  22 2007  35 King: 35% increase 2010  1719 Bank Owned:  8% of sales    146      2009  1276 2008  1495 2007  2507 Kitsap: 28% increase 2010  242 Bank Owned:  10% of sales    24 2009  189 2008  205 2007  329 Lewis: 5% decrease 2010 39 Bank Owned:  23% of sales    9 2009  41 2008  36 2007  84 Mason: 5% increase 2010  58 Bank Owned:  24% of sales    14 2009  55 2008  71 2007  87 Pierce: 13% increase 2010  671 Bank Owned:  22% of sales    148 2009  595 2008  672 2007  1133 San Juan:  20% increase 2010  5 Bank Owned: 20% of sales  1 2009  4 2008  9 2007  25 Skagit: 43% increase 2010  100 Bank Owned:  19% of sales    19 2009  70 2008  122 2007  184 Snohomish: 26% increase 2010  677 Bank Owned:  17% of sales    116 2009  538 2008  559 2007  1090 Thurston: 11% increase 2010  239 Bank Owned:  11% of sales    27 2009  216 2008  266 2007  399 Whatcom: 20% increase 2010  190  Bank Owned:  7% of sales  14 2009  152 2008  180 2007  279 All Counties this report: 24% increase 2010  4108 Bank owned:  14% of sales  556 2009  3311 2008  3778 2007  6426 2006  7390         *Report is developed by John Borgert.  This is not a NWMLS report.  Date used is dependent on individual brokers posting sold properties in the month sold.  This is the reason the report goes out around the 10th of the month.  Information collected from the NWMLS system. Rules do not allow agents to send out information in a Broadcast form, if you want actual information on property please send a request and the information will be sent to you. Want to know more about the history of Mason County?  Check here.  Interest Rates Down Through the Years (we are continuing to present this info due to lots of interest in it).  [Information from Freddie Mac] Interest rates are really low right now, and this makes a big difference in your mortgage payments. Note, Interest have gone down again!  Interest rates have not always been so low. Let’s look back at the month of November down through the years: (By the way, the highest interest rate back in October of 1981 was at 18.45 %. The lowest was in June of 2003 at 5.23 %.) Current rate is 4.72% as of 6/14/2010.  1971 7.55 1972 7.43 1973 8.58 1974 9.79 1975 9.15 1976 8.81 1977 8.92 1978 10.11 1979 12.83 1980 14.21 1981 17.82 1982 13.82 1983 13.44 1984 13.64 1985 11.78 1986 9.70 1987 10.65 1988 10.27 1989 9.77 1990 10.01 1991 8.71 1992 8.31 1993 7.16 1994 9.17 1995 7.38 1996 7.62 1997 7.21 1998 6.87 1999 7.74 2000 7.75 2001 6.66 2002 6.07 2003 5.93 2004 5.73 2005 6.33 2006 6.24 2007 6.21 2008 October 6.20 2009     5.04 Purchasing power of a $1200.00 per month payment (principal and interest only does not include PMI, taxes or insurance) based on different interest rates.  Mortgage rates are very low right now!  Current rate is 4.72% as of 6/14/2010.  Purchase price Interest Rate Monthly payment $229,200.00     4.78%         $1200.00 $221,600.00       5.08%       $1200.00 $220,000.00       5.15%       $1200.00 $218,300.00      5.22%       $1200.00 $216,000           5.29%      $1200.00 $213,300.00       5.42%      $1200.00 $200,149.94         6%         $1200.00 $194,894.67         6.25%     $1200.00 $189,852.98         6.5%       $1200.00 $180,369.80         7%         $1200.00 $163,540.19         8%         $1200.00 $149,138.24         9%         $1200.00 $136,740.98         10%        $1200.00 $126,007.62         11%        $1200.00 $116,661.10         12%        $1200.00  Note: Why it matters: You could buy a $78,000 house at $1200 per month with an 18.45% interest rate. You could buy a $229,200 house with $1200 per month with a 4.78% interest rate. (04/09/2009)

Market Report 4/1//2010 - 4/30/2010  Mason County Real Estate 

NOTE:  The active to pending ratio is 14-1 today, which shows a slowing of the market.  However, notice that there is a continuing increase in sales over this time last year.  Current interest rate is 5.09%. 

Report: April 2010 Mason County Total Sales for all categories 2010 64  8% increase 2009  59 2008 80 2007 170 2006 194 Residential Sales 2010 53 Bank owned homes: 19%of sales   10 2009 48 2008 59 2007 82 2006 103 Vacant Land Sales 2010 11   2009 10 2008 19 2007 49 2006 87 Manufactured Homes (parks) 2010 0   2009 1 2008 1 2007 0 Multi Family 2010 0   2009 0 2008 0 2007 1 Business Opportunity&Commercial 2010 0   2009 0 2008 1 2007 3 2006 0 Another report is comparing Active Listings to Pending Sales. A ratio of 5 Actives to 1 Pending indicates a good market. The current ratio 5/14/10) for Mason County is 802 Active Listings to 51 Pending Sales.  Ratio is 14 to 1. Market Report Mason County for year to date: 01/01 to 4/30/2010. Total Sales for all categories 2010 236 2009 154 2008 256 2007 486 2006 664 Residential Sales 2010 183 2009 112 2008 190 2007 270 2006 341 Vacant Land Sales 2010 48 2009 36 2008 58 2007 163 2006 306 Manufactured Homes (parks) 2010 0 2009 4 2008 3 2007 2 Multi Family 2010 0 2009 0 2008 1 2007 6 Business Opportunities & Commercial 2010 5 2009 2 2008 4 2007 12     Market Report: 4/1/2010 to 4/30/2010 for other counties, residential sales only Note comparison with previous years.    Grays Harbor: 47% increase 2010  72 Bank Owned:  31% of sales      22    2009  49 2008  61 2007  77 Island County:  52% increase 2010  93 Bank Owned: 17% of sales  16 2009  61 2008  70 2007  118 Jefferson: 24% increase 2010  26 Bank Owned:  4% of sales    1 2009  21 2008  31 2007  34 King: 55% increase 2010  1682 Bank Owned:  11% of sales    193      2009  1086 2008  1430 2007  2199 Kitsap: 32% increase 2010  241 Bank Owned:  17% of sales    42 2009  192 2008  226 2007  303 Lewis: 12% increase 2010 48 Bank Owned:  27% of sales    13 2009  43 2008  58 2007  73 Mason: 10% increase 2010  53 Bank Owned:  19% of sales    10 2009  48 2008  59 2007  82 Pierce: 37% increase 2010  734 Bank Owned:  26% of sales    193 2009  535 2008  739 2007  1008 San Juan:  150% increase 2010  10 Bank Owned: 10% of sales  1 2009  4 2008  9 2007  20 Skagit: 51% increase 2010  110 Bank Owned:  16% of sales    18 2009  73 2008  110 2007  154 Snohomish: 64% increase 2010  715 Bank Owned:  21% of sales    147 2009  436 2008  538 2007  995 Thurston: 33% increase 2010  245 Bank Owned:  15% of sales    37 2009  184 2008  247 2007  346 Whatcom: 19% increase 2010  170  Bank Owned:  12% of sales  20 2009  143 2008  180 2007  218 All Counties this report: 47% increase 2010  4199 Bank owned:  16% of sales  673 2009  2866 2008  3913 2007  5616 2006  6485         *Report is developed by John Borgert.  This is not a NWMLS report.  Date used is dependent on individual brokers posting sold properties in the month sold.  This is the reason the report goes out around the 10th of the month.  Information collected from the NWMLS system. Rules do not allow agents to send out information in a Broadcast form, if you want actual information on property please send a request and the information will be sent to you. It's time to garden!  Get great Garden Tips Here. Interest Rates Down Through the Years (we are continuing to present this info due to lots of interest in it).  [Information from Freddie Mac] Interest rates are really low right now, and this makes a big difference in your mortgage payments. Note, Interest have gone down again!  Interest rates have not always been so low. Let’s look back at the month of November down through the years: (By the way, the highest interest rate back in October of 1981 was at 18.45 %. The lowest was in June of 2003 at 5.23 %.) Current rate is 5.09% as of 5/14/2010.  1971 7.55 1972 7.43 1973 8.58 1974 9.79 1975 9.15 1976 8.81 1977 8.92 1978 10.11 1979 12.83 1980 14.21 1981 17.82 1982 13.82 1983 13.44 1984 13.64 1985 11.78 1986 9.70 1987 10.65 1988 10.27 1989 9.77 1990 10.01 1991 8.71 1992 8.31 1993 7.16 1994 9.17 1995 7.38 1996 7.62 1997 7.21 1998 6.87 1999 7.74 2000 7.75 2001 6.66 2002 6.07 2003 5.93 2004 5.73 2005 6.33 2006 6.24 2007 6.21 2008 October 6.20 2009     5.04 Purchasing power of a $1200.00 per month payment (principal and interest only does not include PMI, taxes or insurance) based on different interest rates.  Mortgage rates are very low right now!  Current rate is 5.09% as of 5/14/2010.  Purchase price Interest Rate Monthly payment $229,200.00     4.78%         $1200.00 $221,600.00       5.08%       $1200.00 $220,000.00       5.15%       $1200.00 $218,300.00      5.22%       $1200.00 $216,000           5.29%      $1200.00 $213,300.00       5.42%      $1200.00 $200,149.94         6%         $1200.00 $194,894.67         6.25%     $1200.00 $189,852.98         6.5%       $1200.00 $180,369.80         7%         $1200.00 $163,540.19         8%         $1200.00 $149,138.24         9%         $1200.00 $136,740.98         10%        $1200.00 $126,007.62         11%        $1200.00 $116,661.10         12%        $1200.00  Note: Why it matters: You could buy a $78,000 house at $1200 per month with an 18.45% interest rate. You could buy a $229,200 house with $1200 per month with a 4.78% interest rate. (04/09/2009)

Market Report 3/1//2010 - 3/31/2010  Mason County Real Estate 

NOTE:  Remember, anyone wanting to take advantage of the current tax credits needs to act immediatley.  You need to be signed around by April 30.  The ratio of active to pending listings is staying the same at 12-1.  Interest rates are going up. 

Report: March 2010 Total Sales for all categories 2010 55   2009  42 2008 63 2007 149 2006 180 Residential Sales 2010 39 Bank owned homes: 31%of sales   12 2009 31 2008 49 2007 96 2006 104 Vacant Land Sales 2010 15   2009 8 2008 14 2007 46 2006 73 Manufactured Homes (parks) 2010 0   2009 2 2008 0 2007 1 Multi Family 2010 0   2009 0 2008 0 2007 1 Business Opportunity&Commercial 2010 1   2009 1 2008 0 2007 5 2006 1 Another report is comparing Active Listings to Pending Sales. A ratio of 5 Actives to 1 Pending indicates a good market. The current ratio 3/15/10) for Mason County is 772 Active Listings to 63 Pending Sales.  Ratio is 12 to 1. Market Report for year to date: 01/01 to 3/31/2010. Total Sales for all categories 2010 170 2009 93 2008 172 2007 324 2006 470 Residential Sales 2010 128 2009 62 2008 128 2007 194 2006 241 Vacant Land Sales 2010 37 2009 26 2008 38 2007 114 2006 219 Manufactured Homes (parks) 2010 0 2009 3 2008 2 2007 2 Multi Family 2010 0 2009 0 2008 1 2007 5 Business Opportunities & Commercial 2010 5 2009 2 2008 3 2007 9     Market Report: 3/1/2010 to 3/31/2010 for other counties, residential sales only Note comparison with previous years.    Grays Harbor: 46% increase 2010 60 Bank Owned:  28% of sales     17    2009 41 2008 67 2007 84 Island County:  6% decrease 2010 65 Bank Owned: 32% of sales 21 2009 69 2008 71 2007 109 Jefferson: 20% increase 2010 24 Bank Owned:  20% of sales   5 2009 20 2008 23 2007 24 King: 78% increase 2010 1644 Bank Owned:  14% of sales    238      2009  925 2008 1402 2007 2305 Kitsap: 29% increase 2010 241 Bank Owned:  15% of sales   37 2009 187 2008 201 2007 336 Lewis: 85% increase 2010 61 Bank Owned:  23% of sales    14 2009  33 2008 58 2007 82 Mason: 26% increase 2010 39 Bank Owned:  31% of sales   12 2009 31 2008  49 2007  96 Pierce: 32% increase 2010 723 Bank Owned:  30% of sales    214 2009  549 2008  686 2007  1113 San Juan:  225% increase 2010 13 Bank Owned: 15% of sales  2 2009  4 2008  9 2007  10 Skagit: 23% increase 2010 81 Bank Owned:  27% of sales    22 2009  66 2008  101 2007  174 Snohomish: 85% increase 2010 665 Bank Owned:  24% of sales    157 2009  380 2008  595 2007  1069 Thurston: 37% increase 2010 272 Bank Owned:  19% of sales    53 2009  199 2008  285 2007  362 Whatcom: 42% increase 2010 184  Bank Owned:  14% of sales  26 2009  130 2008  177 2007  226 All Counties this report: 55% increase 2010 4073 Bank owned:  20% of sales  818 2009  2632 2008  3812 2007  5986 2006  6776         *Report is developed by John Borgert.  This is not a NWMLS report.  Date used is dependent on individual brokers posting sold properties in the month sold.  This is the reason the report goes out around the 10th of the month.  Information collected from the NWMLS system. Rules do not allow agents to send out information in a Broadcast form, if you want actual information on property please send a request and the information will be sent to you. Looking for resources in Mason County?  Go to our Links to Community.  Interest Rates Down Through the Years (we are continuing to present this info due to lots of interest in it).  [Information from Freddie Mac] Interest rates are really low right now, and this makes a big difference in your mortgage payments. Note, Interest have gone down again!  Interest rates have not always been so low. Let’s look back at the month of November down through the years: (By the way, the highest interest rate back in October of 1981 was at 18.45 %. The lowest was in June of 2003 at 5.23 %.) Current rate is 5.21% as of 4/14/2010.  1971 7.55 1972 7.43 1973 8.58 1974 9.79 1975 9.15 1976 8.81 1977 8.92 1978 10.11 1979 12.83 1980 14.21 1981 17.82 1982 13.82 1983 13.44 1984 13.64 1985 11.78 1986 9.70 1987 10.65 1988 10.27 1989 9.77 1990 10.01 1991 8.71 1992 8.31 1993 7.16 1994 9.17 1995 7.38 1996 7.62 1997 7.21 1998 6.87 1999 7.74 2000 7.75 2001 6.66 2002 6.07 2003 5.93 2004 5.73 2005 6.33 2006 6.24 2007 6.21 2008 October 6.20 Purchasing power of a $1200.00 per month payment (principal and interest only does not include PMI, taxes or insurance) based on different interest rates.  Mortgage rates are very low right now!  Current rate is 5.21% as of 4/14/2010.  Purchase price Interest Rate Monthly payment $229,200.00     4.78%         $1200.00 $221,600.00       5.08%       $1200.00 $220,000.00       5.15%       $1200.00 $218,300.00      5.22%       $1200.00 $216,000           5.29%      $1200.00 $213,300.00       5.42%      $1200.00 $200,149.94         6%         $1200.00 $194,894.67         6.25%     $1200.00 $189,852.98         6.5%       $1200.00 $180,369.80         7%         $1200.00 $163,540.19         8%         $1200.00 $149,138.24         9%         $1200.00 $136,740.98         10%        $1200.00 $126,007.62         11%        $1200.00 $116,661.10         12%        $1200.00  Note: Why it matters: You could buy a $78,000 house at $1200 per month with an 18.45% interest rate. You could buy a $229,200 house with $1200 per month with a 4.78% interest rate. (04/09/2009)