Cowlitz News and Real Estate

Cowlitz County Real Estate Market Report for 2008.

As we look ahead in to the New Year looking and hoping for better things, I like to show you the numbers of Cowlitz County real estate market for the last 15 months. This Cowlitz market report will provide the information needed to get an understanding about how active listing and sold homes compare monthly. You will find monthly number for available for sale and sold homes, the % price difference of home for sale vs. sold, average price per sq ft and months of inventory.

If you like to have one of this reports for your city or neighborhood, make a request here.

Cowlitz County real estate, 2008 stats.

Average price per squire feet.

Average price of for sale and sold homes.

Cowlitz day on the market and sold/list price % difference.

Cowlitz real estate months of inventory.

Total numbers

Venancio Gonzalez - GRI, E-PRO Realtor® with Windermere Real Estate Allen & Associates serving the Cowlitz County real estate market. gonzalezq@windermere.com or (360) 751 4001.

What are closing costs?

Closing costs are fees charge by lenders, title companies and sometimes real estate brokers or lawyers in order to make a real estate transaction happen. Those costs include fees such as title insurance, recording fees, pre-paid taxes, excise taxes, down payment and hazard insurance, among many others.

Who pays for what and how much?

Who pays for what and how much more than likely will depend on the location or the market, fees will vary by state, county, city and the side of the transaction you will be. 

Cowlitz County real estate buyers typically are expected to pay the following closing cost:

•·         Down payment

•·         Mortgage fees

•·         Escrow closing fees

•·         Home inspections

•·         Appraisal

•·         Home owner's insurance

•·         Property taxes

•·         Settlement fees

•·         Credit report fee

•·         Private mortgage insurance (in some cases)

Cowlitz County real estate sellers typically are expected to pay the following closing cost:

•·         Loan payoff fees

•·         Title policy insurance

•·         Excise taxes

•·         Escrow closing fees

•·         Documents preparation fees

•·         Recoding fees

•·         Real Estate commission (in some cases)

•·         Pest inspection fee (in some cases)

Your local real estate agent or mortgage consultant will be able to calculate and let you know an approximate amount and what fees you will responsible for when buying or selling.

Venancio Gonzalez - GRI, E-PRO Realtor® with Windermere Real Estate Allen & Associates serving the Cowlitz County real estate market. gonzalezq@windermere.com or (360) 751 4001.

Cowlitz County real estate market report for December 2008.

Here is the December 2008 market report and expected the numbers are down again. This report will give you an insight of how the Cowlitz County real estate market is doing. It will give an inside look at average and medium prices, average days on the market and what price range is more competitive and what price range is moving (selling) faster.

Cowlitz County real estate numbers for Single Family Residential homes for December 2008

Cowlitz County homes - Current Active Listings at the end of December 2008

Number - 625

Medium Price - $229,900

Average Price - $271,326

Average Days on Market - 141

Cowlitz County Homes - Under Contract (Pending) at the end of December 2008

Number - (Way up from last month) only 49

Medium Price - $165,000

Average Price - $190,420

Average Days on Market - 105

Cowlitz County Homes - Sold on the month of December 2008

Number - 28

Medium Price - $162,500

Average Price - $178,973

Average Day on Market - 125

Most Competitive Price Range - $200,000 thru $249,999

Actives Listings at this price range - 100

Most Active Price Range - $120,000 thru $149,999

Pending - 11

Sold - 3

Venancio Gonzalez a GRI, E-PRO Realtor® with Windermere Real Estate Allen & Associates serving the Cowlitz County real estate market. gonzalezq@windermere.com or (360) 751 4001.