Snohomish County average sales prices for May 2010 continue to show market stabilization. Average home price sales have been hovering around $310,000 for the last six months.Distressed property sales represented 23% of the sales for May. For May there were 713 residential property sales of which 171 were distressed properties.
Bank owned properties sold for an average price of $241,757.
Short sale properties sold for an average price of $292,855.
There are many more homes in the lower price ranges that are distressed properties which is reflected in their average sales prices.
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