Spotlight on 97229 zip code

Statistics for the 97229 Zip Code through February 15, 2016

• Properties for sale: 108
• New Listings:  110
• Sold Properties: 89
• Pending:  97
• Months of Inventory based on closed sales:112
• Months of Inventory based on pending sales:  1.1
• Absorption Rate (Closed Sales) %:  82.4
• Absorption Rate (Pending Sales) %: 89.8
• Average Active Listing Price:  $818,000
• Average Sold Price:  $479,000
• Average Price/Square Foot (Sold Listings): $211
• Sold Price/List Price Diffential:  100%
• Sold Price / Original List Price Diffential:  98%
• Days on Market:  39
• Medial Sale Price $475,000

New homes for sale are down 29% current -vs- same quarter 1 year ago and up 11.2% in the last month

Sold homes are up 36% current -vs- same quarter 1 year ago and down 25.7% in the last month

Pending sales are down .7% current -vs- same quarter 1 year ago, and up 4.8% in the last month

It's a great time to sell in 97229!