Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was up 77% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a greater selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just under 640-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up nearly 125%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 510-thousand dollars. The number of units sold increased 46% year-over-year, and increased more than 150% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Mill Creek, WA
Area Information for Mill Creek, WA
Population:22,612
Median Age:40.92 yr
Median Commute Time:29 mins
Educational Climate*:4
Sales Tax:0%
Population Density:4,864/sq mi
Population Change Since 2000:57.94%
Closest Airport:Snohomish County (paine Field)
Closest College:Seattle Bible College
Closest Jr. College:Everest College-everett Campus
Median Household Income:$103,109
Annual Residential Turnover:0%
Median Home Sales Price:$668,000
Closest Major Sports Team:Everett Aquasox (a)
Change Avg. Household Income Since 2000:44.66%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for Mill Creek, WA
Median Age: 40.92Married: 47%Number of Households: 9,290Households with Children: 2,573
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.