2012 Auburn, WA Real Estate Wrap-Up
As the new year begins again, it’s time to look back and see what real estate sold in Auburn, WA.
This 2012 Auburn, WA Real Estate Wrap-Up includes only Auburn, WA addresses, including those both in King and Pierce Counties. The information provided here was complied from the Northwest Multiple Listing Service, by searching for closed sales with dates between January 1, 2012 and December 31, 2012.
As of January 11, a total of 1,112, single family home sales were closed in 2012, with 418, or 38%, of homes selling for less than $200,000. An additional 40%, or 444 homes selling between $200,000 and $399,999. The remaining 22% of sales were priced between $300,000 and $1,237,450.
Significantly, of the 1,112 closed residential sales in 2012 Auburn, WA, 404 homes (37%) were traditional resales, with 179 homes being short sales (16%), 213 homes bank-owned, foreclosure sales (19%), and 302 (28%) of all closed residential sales being attributed to new construction.
Three quick additional thoughts about the 2012 Auburn, WA Real Estate Wrap-Up:
New construction is on the rise and selling briskly!
Everyday Sellers are listing houses — and they’re selling! (What a change from the last few years)