What size home is most popular in Carnation/Duvall?

The Linnerooth Team Realtors have a couple interesting facts about what size of home today’s Buyers are buying in the Carnation/Duvall area.
-20% of home buyers* are purchasing older homes built before 1990 averaging 1700 square feet.
-38% of home buyers are buying brand new homes ranging in size from 1500 to 2650 SF.
The remaining segment of resale home buyers are spread over a large range of home sizes with about 1/3 of this buyer group still choosing to buy a larger home with 2700-4200 SF of living space.  These more spacious homes were mostly built between 10 and 15 years ago and typically have a 3-car garage.  A very small percentage of this last group are distressed short sales or bank owned. The sales prices for large non-distressed homes average around $520,000** (compared to their average prices up in the $700K range several years ago).
*  Statistical samples are based on 148 homes in the Riverview School District that have sold   (or are pending) since October 1st, 2011.  Excludes rural homes on more than 1.5 acres.
** based on above average quality and condition…e.g. granite countertops, high-end appliances.

Average Home Size chart- Duvall/Carnation

Posted on April 14, 2012 at 5:10 pm
Sue Linnerooth | Category: Duvall Real Estate | Tagged , , , , , , , , , , ,

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