2017 Begins with Record Low Inventory

Happy New Year everyone!  So blessed to call Magnolia home.

Here are some very interesting numbers to consider as we enter 2017:

8.9%  That’s how much Zillow estimates home values in 98199 increased in calendar year 2016.
Zillow also estimates $819,000 is the median home price in 98199.
13.  That’s the number of single family homes for sale in Magnolia.  You read that right…only 13!
3.  That’s the number of homes priced under $1 million in Magnolia.

As you can see, inventory is extremely tight.  If you’ve considered making a move, now is a fabulous time to bring a property to the market.  Don’t wait until more inventory arrives in Spring, contact us TODAY!   Here’s to a fabulous 2017…

November 2016 Market Update

 

There were a total of 34 homes sold in Magnolia for the month of November.   The average sales price was $901,188.

Here are 3 MrMagnolia listings which closed in November.

3630 37th Ave West         2312 West Eyres Place West          5618 40th Ave West

Sold Price $739,000             Sold Price $1,630,000              Sold Price $750,000

 

 

 

 

 

 

 

 

 

 

 

 

View our November 2016 Market Watch Postcard (PDF)