Joan Posanke can be reached at (206) 321-2543
Auburn, Washington is King County's second most active city for new construction with 108 new single family homes currently listed for sale across 15 communities.
(This post was published on March 24, 2014, for the latest information, please see our Auburn new construction page which is updated on a daily basis.)
Currently active single family new homes have an average list price of $334,692 for 2,301 square feet ($145 per square foot). Over the last 6 months, the actual sales prices for new single family homes has averaged $271,954 and home sizes averaged 2,007 square feet ($136 per square foot).
Many of Western Washington's most active home builders are building in Auburn. DR Horton, Western Washington's most active homebuilder, is building several communities in Auburn including the Villas at Lakeland and West Brooke.
There is currently 2.6 months of residential housing supply in Auburn which indicates a seller's market but the rate at which new listings have been coming online is increasing which is helping give buyers more choices.
There are a variety of methods for calculating months of housing supply. We calculate it by taking the average number of homes and condos sold per month over the trailing 6 months (116.3) and dividing that into the number of houses & condos currently for sale (308).
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John L Scott - KMS, Kent North