The long awaited new year statistics are just emerging for our Methow Valley real estate market. These are the all new and improved statistics from NWMLS courtesy of Trendgraphics.
This is one of three emails, this being all the market in Methow Valley as posted in the Northwest Multiple Listing Service, coming soon is Homes and then Land.
Graph 1 shows January pending sales have increased to 11 as compared to Decemember having just 1.
Graph 2 shows January having a decrease in current days on market (CDOM) as compared with last month, and an increase in the ratio of listing price to sale price over the same period.
Graph 3 shows us that the average sold price for both land and homes in Methow Valley is trending up, while the average price of land and homes is trending down.
Perhaps the most dramatic comparison is months of inventory as compared to what has sold depicted in the chart below.