Methow Valley Real Estate Market Reports: Land Sales April 2012

The final of three blogs for Methow Valley real estate sales reports April 2012 is here. To see all three blogs for the entire spectrum of property types visit www.methowrealestateservices.com/maryb.html. This particular report covers land sales for April 2012 in beautiful Methow Valley including our 19 communites of Lost River, Mazama, Edelweiss, Wolf Creek, Winthrop West, Rendezvous, East Chewack, West Chewack, Winthorp, Winthrop South, Twin Lakes, East County Rd., Pine Forest, Twisp, Twisp South, Twisp River Road, West County Rd., Carlton and Methow.  The information provided is also based on sales information from the Northwest Multiple Listing Service (NWMLS).

So what do we see this month compared with last? It is very interesting to note that compared with last month our pending sales are up a massive 700%. However when you consider that snow is a limiting factor for conducting feasibility studies on land and that our sample size is very small indeed, this puts a little more perspective on that significant increase.

The sold land sales are up 100% when compared to last month (March 2012) while the new listings are up a mere 1.34%.  All three indicators are favorable to sellers for the month to month comparison.

The information for year to date again falls into the favorable category for sellers.  We have inventory down a mere .4% but sold land has increased this month compared with April 2011 by 50% for real estate in Methow Valley! What about pending sales year to date you may well ask?  That is also showing a positive result for sellers being up by 100% and leaving no doubt our land sales are on the move once again.