What's Your Home Worth in Auburn, Washington?
By Gabrielle Nemes, 206.300.8421, S King & Pierce County RE Advocate
(RE/MAX Realty South)
If you're wondering, really, where your home price is, take a look at this little chart. Here you can see that the average closed sale home price in Auburn at the end of June is still below average price as it was in 2005! As you can see also, prices continue to fall in the area. Here you can see the steep climb buyers paid for homes during 2005 and how they basically leveled off until June of 2008, when they took a nosedive. Graphs such as this one tell the overall story vividly. Every area is different, every neighborhood is different and every home is different. But be careful! One danger in focusing too much on a chart of this type is that it's ONE piece of information used when considering the value of your home when it's time for sale -- or perhaps when it's time to purchase. But ...
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