After a quiet winter pending sales activity dramatically increased in March much to the relief of the local real estate community and beleaguered sellers. Meanwhile the supply of active listings in the Northwest multiple Listing Service decreased from the previous month of February, demonstrating a trend much different from previous years when the listing supply expanded rapidly during the same months. Average Days on Market fell from 164 days to 143 indicating heightened buyer interest in homes that have been on the market most of the winter. Closed sales increased approximately 15% to 35 which is an anemic total by all measure and will likely increase by almost 100% in April.
Mason County Real Estate Activity – Past 12 Months
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