Mason County Housing Update - Resale Only
New Opportunities for Buyers
Buyer opportunities have returned to the local market, including increased availability and selection of properties, as well as fewer multiple offer / premium pricing situations.
We will only see more new resale listings than homes going under contract for two more months this year. After this, the winter inventory clean-up will begin.
SALES ACTIVITY INTENSITY™ SCALE
6.06%
4.13%
4.35%
2.89%
UNBELIEVABLE
INTEREST
RATES
3.18%
MONTHS
SUPPLY SCALE
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Mason County
Housing Update - Resale Only
KEY MARKET INDICATORS AUGUST 2022 (July Recap)
Currently, some buyers are experiencing buyer gridlock, which means they are seeking to sell their current home before getting under contract for their next property. We recommend homeowners in a similar situation consider employing a home sale contingency. If accepted, this contingency could unlock the opportunity to get your next home under contract, while still allowing time to get your current home sold before the next purchase goes through.
UNLOCK OPPORTUNITY WITH A HOME SALE CONTINGENCY
Currently, some buyers are experiencing buyer gridlock, which means they are seeking to sell their current home before getting under contract for their next property. We recommend homeowners in a similar situation consider employing a home sale contingency. If accepted, this contingency could unlock the opportunity to get your next home under contract, while still allowing time to get your current home sold before the next purchase goes through.
UNLOCK OPPORTUNITY WITH A HOME SALE CONTINGENCY
