Recent Sales Data: A Look at the Moxee, Washington Real Estate Market: June 2023
Welcome to my blog, where I provide valuable insights into the real estate market in Moxee, Washington. In this report, we will analyze the sales data from the past six months, specifically from June 2023. The data includes the sale of single-family homes, condos, manufactured homes, and land lots over the span of 180 days.
Let’s delve into the key statistics and trends that have shaped the Moxee real estate market:
Key Statistics:
- Number of Transactions: 360
- Average Sales Price: $311,164
- Median Sales Price: $315,000
- Average Sales Price per Square Foot: $195.02
- Median Sales Price per Square Foot: $189.14
Now let’s analyze these figures and their implications:
Number of Transactions: Over the past six months, Moxee has witnessed 360 real estate transactions. This figure indicates a moderate level of market activity, suggesting a steady supply of properties available for buyers in the area.
Average Sales Price: The average sales price in Moxee stands at $311,164. This figure provides a general overview of the pricing trend in the market, serving as a reference point for buyers and sellers.
Median Sales Price: With a median sales price of $315,000, Moxee showcases a balanced pricing range. The median serves as a better indicator of the market’s middle point, unaffected by outliers, and gives potential buyers and sellers a more accurate representation of property values in the area.
Average Sales Price per Square Foot: Calculated at $195.02 per square foot, the average sales price per square foot offers insights into the relative value of properties based on their size. This metric helps buyers and sellers understand the pricing dynamics in different areas of Moxee.
Median Sales Price per Square Foot: The median sales price per square foot, at $189.14, provides an alternate measure to evaluate property values in Moxee. This figure reflects the middle value when all the sales prices per square foot are arranged in ascending order.
These statistics provide a snapshot of the Moxee real estate market’s performance over the past six months. With a moderate number of transactions and a balanced pricing range, the market offers opportunities for both buyers and sellers.
If you are interested in real estate in Moxee, whether it’s homes for sale by owner (FSBO) or other opportunities, this data can serve as a valuable reference point. However, it’s important to note that real estate markets are influenced by various factors, and seeking advice from a local real estate professional is highly recommended.
Stay tuned for future updates as we continue to monitor the Moxee real estate market and bring you valuable insights to guide your real estate endeavors.