northeast seattle market report: Northeast Seattle's real estate market-kinda of a mixed bag
- 01/02/13 11:32 PM
Northeast Seattle's real estate market-kinda of a mixed bag
Starting the new year northeast Seattle real estate: median list price flat, listings down, days on market up kind-of-a mixed bag.
The median list price in northeast Seattle (zip code 98125) is $349,950 down slightly from the previous week’ $360,000. Active listings have been an average of 129 days. Inventory has been tightening and days on market is increasing recently. The Market Action Index has been basically flat (see below chart for description), not providing strong indication for the market conditions. Check us out next week to see how the housing market in northeast Seattle is shaping up.
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northeast seattle market report: Northeast Seattle’s housing prices continue to rise (2)
- 11/20/12 06:41 PM
Northeast Seattle’s housing prices continue to rise
Northeast Seattle for the 6th consecutive month, going back to May 2012, has posted increased home sales from the previous year compared to the 11 straight months of higher sales from the previous year in all of King County.
Sales volume in October in northeast Seattle was up 11.9% year to date. There were 897 closed sales through October 2012 compared to last year’s 790.
The average sale prices for closed single family houses in northeast Seattle came up from September’s $398,271 to $460,565 in October. Prices on October’s sales for single family houses … (6 comments)
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northeast seattle market report: NE Seattle’s housing remains “spooky” heading into October
- 10/02/12 05:08 AM
NE Seattle’s housing remains “spooky” heading into October
The number of homes available for sale in northeast Seattle is scary! Housing inventory is down 50% compared to this time last year. Housing inventory usually increases this time a year into December, not so, so far this year. Homeowners are starting to pick up some of the value lost over the previous years.
Buying and selling
I would really call this a situational selling market, even though listings inventory is extremely low home selling prices haven’t spiked up that quickly. Causing many sellers to hunker down for a few more years to grow equity. Conversely, … (1 comments)
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northeast seattle market report: NE Seattle's real estate moving towards a sellers market
- 09/26/12 11:43 AM
NE Seattle moving towards a sellers market
The number of homes for sale in Northeast Seattle have been increasing since the beginning of September (2012). Price have started trend upward in September as well. The average market time is been hovering around 118 days. What’s very interesting about this market is that the Market Action Index has been rising steadily in August and into September, currently at 26, over 28 means the market is shifting towards a sellers market.
Homes for sale in Northeast Seattle neighborhoods:
Pinehurst homes for sale,Victory Heights homes for sale, Lake City homes for sale, Cedar Park homes for sale.
Low interest rates … (2 comments)
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northeast seattle market report: NE Seattle, Your house better look good online
- 09/21/12 11:46 PM
Home buyers in northeast Seattle are entering the market extremely well prepared to make an offer when they find the right home. These home buyer’s are spending lots of time online looking at every property as soon as they come on the market. They go through the homes online and quickly assess if they want to short list this one or pass on it.
Buyers quickly can tell if the home is in move-in-ready condition or if has a good location they may tolerate doing some upgrades or minor cosmetic fixes. Sellers may be leaving extra dollars on the table … (6 comments)
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northeast seattle market report: Housing inventory in Northeast Seattle continues downward trend
- 09/18/12 05:16 AM
Homes for sale in Northeast Seattle have been trending downward since housing inventory levels reached its high watermark in August. The average time a home remains on the before its sold has remained relatively constant since early August.
Homes for sale in Northeast Seattle neighborhoods:
Pinehurst homes for sale,Victory Heights homes for sale, Lake City homes for sale, Cedar Park homes for sale.
Low interest rates and summer like weather in September are keeping the buyers out looking at homes for sale in Northeast Seattle. This a very good time for sellers to list their homes for sale, low inventory levels and interest rates makes it … (0 comments)
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northeast seattle market report: Northeast Seattle bienes raíces actualización mercado
- 09/13/12 02:08 AM
Northeast Seattle bienes raíces actualización mercado
90-day stats for Single Family properties inSEATTLE, WA98125 as of September 7, 2012
Related posts:
Seattle April Real Estate Market Snapshot (13) Northeast Seattle Housing Inventory Rising (11.7) Northeast Seattle Home Prices Moving Higher (11.6) Northeast Seattle real estate market update (11.5) It's still a buyer's market in Northeast Seattle (11.5) … (0 comments)
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northeast seattle market report: Northeast Seattle real estate market update (9/8/2012)
- 09/08/12 12:14 PM
Homes for sale in Northeast Seattle neighborhoods:
Pinehurst homes for sale,Victory Heights homes for sale, Lake City homes for sale, Cedar Park homes for sale.
Related posts:
Northeast Seattle real estate market update (22.1) Seattle April Real Estate Market Snapshot (15.7) It's still a buyer's market in Northeast Seattle (15.2) Northeast Seattle home market a tale of two different markets (14.9) Northeast Seattle Days on Market 10/15/2011 Real Estate Update (14.8) … (2 comments)
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northeast seattle market report: Strong buyer's market going into September in NE Seattle
- 09/02/12 02:24 AM
This weeks real estate market snap shot for Northeast Seattle. The Northeast Seattle (zip code 98125) is made up of the following neighborhoods; Victory Heights, Pinehurst, Lake City, Cedar Park and Sand Point.
Price Trend in Northeast Seattle
The median single family home price as of August 13 2012 for Seattle, WA is $349,225.
With a Market Action Index as of August 30 2012 at 19.3 (under 30 is a buyers’ market -19.1 represents a strong buyer’s market)
The average property in Seattle as of August 30, 2012 has been on the market for about 117 days.
The median price per square foot for homes … (2 comments)
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northeast seattle market report: Northeast Seattle real estate vs. Lake Forest Park
- 08/20/12 08:20 AM
Northeast Seattle real estate vs. Lake Forest Park
Northeast Seattle’s neighborhoods; Maple Leaf, Pinehurst, Jackson Park, Lake City,Victory Heights, Cedar Park currentlyhave have 121 homes for sale compared to the 136 homes for sale in the Lake Forest Park.
Real estate inventory levels in the two communities are moving in opposite directions, NE Seattle has been trending downward since spring and Lake Forest Park’s housing inventory has been increasing. The increasing inventory levels in Lake Forest Park is because buyers have seemingly taken a bit breather from the market and prices are starting to flatten while in NE Seattle they are still slowly continue to trend up.
… (1 comments)
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northeast seattle market report: Real estate-It's still a buyer's market in Northeast Seattle
- 08/15/12 03:10 AM
Real estate-It's still a buyer's market in Northeast Seattle
This weeks real estate market snap shot for Northeast Seattle. The Northeast Seattle (zip code 98125) is made up of the following neighborhoods; Victory Heights, Pinehurst, Lake City, Cedar Park and Sand Point.
Price Trends in Northeast Seattle
The median single family home price as of August 13 2012 for Seattle, WA is $329,000.
With a Market Action Index as of August 13 2012 at 19.3 (under 30 is a buyers’ market -19.3 represents a strong buyer’s market)
The average property in Seattle as of August 13 2012 has been on the market for about 110 … (3 comments)
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northeast seattle market report: Northeast Seattle's home prices bottomed in June and are on the rise
- 07/31/12 05:21 AM
Northeast Seattle's home prices bottomed in June and are on the rise
Northeast Seattle’s home priced reached a three year low in late June of 2012 and since than have been trending upward. Currently there are 70 homes for sale in northeast Seattle ranging from a 4200 sq.ft. view home with fabulous views of Lake Washington and Mount Rainier to a 542 sq.ft. studio condominium located right on the buss line and minutes to Northgate Mall.
Northeast Seattle’s neighborhoods experienced much of its growth in the 1940-1960s as the city limits started to push both the south and north boundaries further from the city’s core. Much of … (1 comments)
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northeast seattle market report: Northeast Seattle real estate update
- 07/02/12 07:38 AM
Northeast Seattle real estate update
This week’s Northeast Seattle Market update
Median Price The median list price in Northeast Seattle, WA 98125 is $342,500 inventory and days-on-the market is climbing. The trend implies a wreaking market.
Supply and Demand The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Related posts:
Northeast Seattle Housing Inventory Rising (12.5) Northeast Seattle housing inventory starts early spring creep (12) Northeast Seattle's housing … (8 comments)
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northeast seattle market report: Northeast Seattle Home Prices Moving Higher
- 06/17/12 02:16 AM
Northeast Seattle housing inventory has continues to spike up since late February 2012, while the median sales price has come off the bottom in Mid-May and have continued to trend upward into June.
Supply and Demand
In terms of supply and demand, the market is getting cooler – more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer’s market, this price trend may be a result of improved quality (newer, larger homes) of the homes being listed. Look at the descriptive statistics where … (2 comments)
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northeast seattle market report: Northeast Seattle home prices continue to trend slightly upward
- 05/29/12 06:39 AM
Northeast Seattle home prices continue to trend slightly upward
The seven day market trend for northeast Seattle sees prices continuing to trend upward as of May 25, 2012. 10 homes were listed last week in northeast Seattle, while 7 homes sold and closed with the average listing price $377,892.
Northeast Seattle’s neighborhoods experienced much of its growth in the 1940-1960s as the city limits started to push both the south and north boundaries further from the city’s core. Much of northeast Seattle is very walkable and very well designed leaving many wooded areas while the … (2 comments)
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northeast seattle market report: Upper priced homes in NE Seattle outpacing lower priced homes
- 05/16/12 11:01 AM
Upper priced homes in NE Seattle outpacing lower priced homes
Northeast Seattle real estate days on market and inventory trends
Housing inventory in Northeast Seattle has continued to trending upward since late February of 2012; while the average days on market have peaked in Mid-February and have been trending downward into mid-May. Both are excellent signs that the Northeast Seattle marketplace has buyers and sellers coming into the market.
Low interest rates and hints of spring weather are finding both buyers and sellers in Northeast Seattle thinking about real estate.
Last week in northeast Seattle 5 homes closed, … (2 comments)
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northeast seattle market report: Northeast Seattle Housing Inventory Rising
- 05/09/12 05:00 AM
Northeast Seattle Housing Inventory Rising
Northeast Seattle housing inventory has continues to spike up since late February 2012, while the median sales price continues to trend downward. Does this send out a signal for buyers that it’s now a great time to buy? Lots of inventory, soft prices and very low interest rates.
Supply and Demand
In terms of supply and demand, the market is getting cooler – more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer’s market, this price trend may be a … (0 comments)
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northeast seattle market report: Upper tier homes in NE Seattle selling quicker
- 05/01/12 12:11 AM
Upper tier homes in NE Seattle selling quicker
Homes in the median price range of $525k in northeast Seattle are selling faster than less expensive homes in the area. Northeast Seattle which is made up of Maple Leaf, Victory Heights, Pinehurst, Lake City, Cedar Park and Meadowbrook neighborhoods.
The homes in top quartile are selling on average in 81 days while homes in the lower quartile are taking 142 days to sell. This could be because there are a greater number of distressed properties in the lower price range and these properties just take longer to close.
The upper price homes … (6 comments)
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northeast seattle market report: Northeast Seattle and Lake Forest Park real estate showing signs of life
- 04/03/12 05:16 AM
Northeast Seattle and Lake Forest Park real estate showing signs of life APRIL 3, 2012 BY ADMIN (EDIT) Northeast Seattle and Lake Forest Park real estate showing signs of life
Northeast Seattle real estate days on market and inventory trends
Lake Forest Park real estate days on market and inventory trends
Housing inventories in Northeast Seattle have been trending upward since late February of 2012; while the average days on market have peaked in Mid-February and have been trending downward into April. Both are excellent signs that the Northeast Seattle marketplace has buyers and sellers coming into the market.
Low interest rates and hints of … (6 comments)
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northeast seattle market report: Northeast Seattle's housing inventory creeping
- 04/02/12 12:51 AM
Northeast Seattle's housing inventory creeping (upward)
Price and inventory levels for upper-tier homes in Northeast Seattle
Price and inventory levels for lower-tier homes in Northeast Seattle
The number of homes available for sale in both the upper and lower price ranges in Northeast Seattle is starting to grow. Available homes for sale in Northeast Seattle reached a 3 year low in late February and into March of 2012. A lingering Seattle winter and weak selling prices have kept many home sellers from listing.
Selling prices in Northeast Seattle in both upper and lower tier home sales continue to trend … (0 comments)
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