Battleground (Battle Ground) Real Estate Market Stats 10/13/07

Posted on October 13, 2007
Filed Under Battle Ground Homes | Leave a Comment

Here are some interesting statistics for the Real Estate market in Battle Ground, Wasington covering July – Oct. 13th 2007.

These statistics were based on a price range of $100,000 – $500,000

This chart should be helpful to home sellers that want to understand how long it will take to sell their home in today’s market environment. Of course, this is only used as a guideline. So, many factors are considered when determining what price to list your home for sale.

On one hand a seller may want to list a home higher than others that are comparable listings because of a pool, new countertops, various upgrades, etc… that the nearest comparables do not have.. But, also keep in mind that the comparables are not selling quickly and may be considering doing a price reduction in order to make their home price more attractive than their neighbors. So, if that is the case than listing at the average listing price might make better since because your home would have more value compared to the other homes at the same price – increasing your change of a sale.. It’s not all that cut and dry either because your home may be near a school that the home buyer wants to be near or have views and so many other factors that could influence a buying decision.

Bottom line: this is why expert advise from a real estate professional is suggested when selecting the proper price to list your home at.

Here are the stats:

Year: 2007
July Aug Sept Oct Totals
Units Listed 62 67 59 36 224
Listed Average 296,800 285,423 305,966 257,004 289,416
Units Sold 26 41 16 3 86
Sold Average 281,906 279,293 291,368 296,039 282,913
DOM Average 43 61 84 97 71

Total Listed 224
Sold Units 86
Remaining Units 138
Inventory Accumulation: 6.2* Months
Minimum Sold Price: $167,000
Average Sold Price: $282,913
Median Sold Price: $260,000
Maximum Sold Price: $490,000

If you would like to receive free property listings of homes for sale in your neighborhood / area and also to find out how much homes have actually sold for in your neighborhood and would like consultation on how much your home would sell for in today’s real estate market feel free to call me – David Scheer – at: 360-723-0698 to schedule an appointment.

David Scheer
Asset Realty Group
Associate Broker
360-723-0698

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