Cowlitz County Real Estate Market Report for September 2011
Cowlitz County home sales slowed down tremendously in September with only 48 homes sold, the lowest since February of this year, compare to 77 sales on August a 37 per cent drop. It is normal for the Cowlitz County real estate market to slow down this time a year, usually because summer is over, kids going back to school and the change of weather (rainy season is here) but is not normal a drop that big of per cent, it usually slows down between 5-10 per cent, hopefully that will be a one time thing.
Even though sales were down the Cowlitz County real estate market activity was pretty high, at the end of September there were 106 pending (under contract) residential listings, the highest number of pending residential listings since April of 2010. The high number of pending homes brought down the number of active listings, homes currently for sale, to only 551, the lowest number of listings I have seen in years.
Looks like the Cowlitz County real estate is shrinking and with it the opportunity of many home buyers hoping to take advantage of the low real estate prices and interest rate. If you thinking about buying now is the time.
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