Longview Washington Real Estate Market Report for 2011

By
Real Estate Agent with Windermere Kelso/Longview

Longview Washington Real Estate Market Report for 2011.

Even though in the County sales were up in  2011 From the year before, the Longview Washington real  estate sales were slightly down compare to the previous year, 333 single family homes were sold in 2011 compare to 341 in 2010. And the inventory keeps shrinking, see graph below, at the end of the year there were only 210 homes on the market, the lowest inventory in a long time.

Some encouraging changes I notice from last year are; one, in 2011 homes were selling on an average of 97% of asking price compare to 93% in 2010, two, foreclosure inventory is down about 38% form the beginning of the year and three, dates on market is also down from the previous year, all positive signes in my opinion.

See the graphs below to for more information about average price, days on  market, average price and months of inventory.

Number of homes for sale, pending and sold in Longview

Average price per sq. ft. in Longview

Average price of active and sold listings

 

More about Longview Washington.

View all Longview Washington homes.

View all Longview Washington foreclosures.

View all Longview Washington short sales.

Recently sold homes, local school and community information.

 

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Topic:
ActiveRain Community
Location:
Washington Cowlitz County Longview
Groups:
Market Reports
Tags:
longview washington
market report
real estate

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Rainmaker
826,568
Tim Lorenz
949 874-2247
TIM LORENZ - Elite Home Sales Team

Yes that inventory has dropped and it is like that in many areas of the country.

February 02, 2012 12:43 AM
Rainmaker
196,138
Venancio Gonzalez
Cowlitz County Real Estate Broker
Windermere Kelso/Longview

That is good sign for sellers. Thanks for stopping by Tim!

February 02, 2012 12:53 AM
Rainmaker
877,491
Ronald DiLalla
No. Orange Cty Real Estate
Century 21 Discovery DRE 01813824

Hi Venancio, always interested in viewing stats and graphs on othe Communities....thanks for sharing with us.

February 02, 2012 01:42 AM
Rainmaker
196,138
Venancio Gonzalez
Cowlitz County Real Estate Broker
Windermere Kelso/Longview

Ronald - is definitely a good way to see how the market is doing in other areas. Thanks for stopping by.

February 02, 2012 02:18 AM
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Rainmaker
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Venancio Gonzalez

Cowlitz County Real Estate Broker
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