Lynnwood, Lynn Shores, and Windsor Woods Housing Market Data

The number of units sold remained stable in April, with 56 sold this month in Lynnwood, Lynn Shores, and Windsor Woods Real Estate. This month's total units sold was lower than at this time last year, a decrease of 8% versus April 2012.

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Versus last year, the total number of homes available this month is lower by 30 units or 11%. The total number of active inventory this April was 233 compared to 263 in April 2012. This month's total of 233 is higher than the previous month's total supply of available inventory of 226, an increase of 3%.

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Last April, the median sale price for Lynnwood, Lynn Shores, and Windsor Woods Homes was $199,000. This April, the median sale price was $181,500, a decrease of 9% or $17,500 compared to last year. The current median sold price is 9% lower than in March.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

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In April, there was 4.2 months of supply available in Lynnwood, Lynn Shores, and Windsor Woods, compared to 4.5 in April 2012. That is a decrease of 7% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

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This month there were 96 homes newly listed for sale in Lynnwood, Lynn Shores, and Windsor Woods compared to 89 in April 2012, an increase of 8%. There were 70 current contracts pending sale this April compared to 68 a year ago. The number of current contracts is 3% higher than last April.

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Click here to compare the current contracts of this area against other locations.

In April, the average sale price in Lynnwood, Lynn Shores, and Windsor Woods was 97.9% of the average list price, which is 2.0% higher than at this time last year.

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This month, the average number of days on market was 66, lower than the average last year, which was 73, a decrease of 10%.

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Focus On: Lynnwood, Lynn Shores, and Windsor Woods Housing Market			April 2013
Zip Code(s): 23452
Units Sold 56	Active Inventory 233	Median Sale Price $181,500	Days On Market 66

Down -5% Vs. Year Ago	Down -11% Vs. Year Ago	Down -9% Vs. Year Ago	Down -10% Vs. Year Ago

iCharts		Units Sold The number of units sold remained stable in April, with 56 sold this month in Lynnwood, Lynn Shores, and Windsor Woods Real Estate. This month's total units sold was lower than at this time last year, a decrease of 8% versus April 2012. Click here to compare the units sold of this area against other locations.
Active Inventory Versus last year, the total number of homes available this month is lower by 30 units or 11%. The total number of active inventory this April was 233 compared to 263 in April 2012. This month's total of 233 is higher than the previous month's total supply of available inventory of 226, an increase of 3%. Click here to compare the active inventory of this area against other locations.		iCharts
iCharts		Median Sale Price Last April, the median sale price for Lynnwood, Lynn Shores, and Windsor Woods Homes was $199,000. This April, the median sale price was $181,500, a decrease of 9% or $17,500 compared to last year. The current median sold price is 9% lower than in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. Click here to compare the median sale price of this area against other locations.



New Listings 96	Current Contracts 70	Sold Vs. List Price 97.9%	Months of Supply 4.2

Up 8% Vs. Year Ago	Up 3% Vs. Year Ago	Up 2.1% Vs. Year Ago	Down -7% Vs. Year Ago

iCharts		Months of Supply In April, there was 4.2 months of supply available in Lynnwood, Lynn Shores, and Windsor Woods, compared to 4.5 in April 2012. That is a decrease of 7% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. Click here to compare the months of supply of this area against other locations.
New Listings & Current Contracts This month there were 96 homes newly listed for sale in Lynnwood, Lynn Shores, and Windsor Woods compared to 89 in April 2012, an increase of 8%. There were 70 current contracts pending sale this April compared to 68 a year ago. The number of current contracts is 3% higher than last April. Click here to compare the new listings of this area against other locations. Click here to compare the current contracts of this area against other locations.		iCharts
iCharts		Sale Price to List Price Ratio In April, the average sale price in Lynnwood, Lynn Shores, and Windsor Woods was 97.9% of the average list price, which is 2.0% higher than at this time last year. Click here to compare the sale price to list price ratio of this area against other locations.
Days on Market This month, the average number of days on market was 66, lower than the average last year, which was 73, a decrease of 10%. Click here to compare the days on market of this area against other locations.		iCharts



Lynnwood, Lynn Shores, and Windsor Woods are defined as properties listed in zip code/s 23452.
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
Information included in this report is based on data supplied by REIN and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of REIN or Long & Foster Real Estate, Inc.