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Updated Real Estate Market Statistics (As of September 17th, 2007)

By
Real Estate Agent with Edwards Real Estate Group, Inc.

MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 75 Days (Down from 76 Last Week)
Inventory of Active Listings: 527 (Up from 506 Active Listings Last Week)
Average List Price: $899,522 (Down from $900,833 Last Week)
Average Sale Price: $780,176 (Down from $782,097 Last Week)

Condominiums
Average Days on Market: 42 Days (Down from 44 from Last Week)
Inventory of Active Listings: 135 Active Listings (Up from 130 from Last Week)
Average List Price: $341,082 (Down from $342,172 Last Week)
Average Sale Price: $333,538 (Down from $336,438 Last Week)


MLS Area 350 (Renton Highlands)
Single Family Homes
Average Days on Market: 79 Days (Up from 78 Last Week)
Inventory of Active Listings: 468 (Up from 458 Active Listings Last Week)
Average List Price: $507,343 Up from $506,964 Last Week)
Average Sale Price: $472,038 (Up from $470,181 Last Week)

Condominiums
Average Days on Market: 43 Days (Up from 42 from Last Week)
Inventory of Active Listings: 66 Active Listings (Up from 61 last week)
Average List Price: $237,457 (Up from $236,893 Last Week)
Average Sale Price: $237,645 (Down from $238,232 Last Week)


MLS Area 340 (Southeast Renton / Benson Hill)
Single Family Homes
Average Days on Market: 64 Days (Up from 63 Last Week)
Inventory of Active Listings: 424 Active Listings (Up from 409 Last Week)
Average List Price: $438,832 (Down from $438,999 Last Week)
Average Sale Price: $414,534 (Up from $413,997 Last Week)

Condominiums
Average Days on Market: 39 Days (Up from 38 Last Week)
Inventory of Active Listings: 93 Active Listings (No change from Last Week)
Average List Price: $245,679 (Down from $246,350 Last Week)
Average Sale Price: $239,754 (Down from $241,020 Last Week)


If you are interested in statistical information for an MLS area not covered here, please respond to this post to let me know what neighborhood you live in and I will follow up with the statistics specific to your area of interest. You are also welcome to visit my website at www.davidjedwards.com where you can access my Market Snapshot research tool found on the left side of the homepage.

This information is deemed reliable but it is not guaranteed to be 100% accurate. I generated these statistics using the Northwest Multiple Listing Service. These statistics were not compiled or published by the Northwest Multiple Listing Service.

David Edwards
REALTOR®
Keller Williams Realty Southeast Sound
Phone: 425-890-8045
E-Mail: david@davidjedwards.com
Website: http://www.davidjedwards.com
Blogsite: http://www.davidjedwards.com/renton-info-blog.asp

David J Edwards is a full time real estate agent and REALTOR® with Keller Williams Realty specializing in Residential Real Estate for buyers and sellers in Washington's Renton Highlands, Newcastle and South Bellevue.

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