Mukilteo Condos Months of Inventory Decreased to Sellers Market

Mukilteo Condos Months of Inventory Decreased to Sellers Market



One gauge that we use is called "Months of Inventory" which is a term we use that captures the absorption  rate in the market. That is,  what is the amount of time it would take to sell all current listings at the current sales pace if no new listings became available?



In 2011 Mukilteo Condo Inventory was on a upswing from five months of inventory in the start of the year (January 2011) which was advantageous to sellers. The following month in February 2011 it rose to 12 months of inventory which was in the favor of buyers.

 

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In September 2013 it is back to five months of inventory which is approximately the same as two years ago which may correlate with job gains and losses in the greater Mukilteo/Everett area.

From this number it shows that it is currently a sellers market for Mukilteo Condos. This can change at any time.



So if you are thinking about selling your condo in Mukilteo this may be a great time to sell.



Contact me for a FREE market analysis at (425) 290-3114.

 

 

* Source: Northwest Multiple Listing Service (NWMLS.) The NWMLS did not compile or publish this information. Information is believed to be accurate but should not be relied upon without verification.

Lana Robbins, Managing Broker, Realtor ®

Phone (206) 445-8034
Email: Lana (at) AlohaKaiRealEstate.com

Ed Hinman, Vice President

Phone (206) 445-8034

Email: Info (at) AlohaKaiRealEstate.com

 

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Lana and EdAloha Kai Real EstateWe are commited to Fair Housing Laws

 

We are committed to Fair Housing Laws and are an Equal Opportunity Employer.

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