Ravenna-Roosevelt March 2011 Market Report

There were 8 closings of residential property in the Ravenna and Roosevelt neighborhoods of Seattle during March. That is up from 5 last month and reflects that more of the 19 pendings from last month have made into the closed category. Active listings went from 36 to 31. Where are the sellers? I wish I knew. There are buyers out there looking for homes.

Status

#

Low $

High $

Average

Median

Days on Market

Active

31

144,500

748,000

408,986

399,500

61

Pending Inspection

11

129,950

629,500

424,479

408,000

60

Under Contract

17

133,500

839,500

475,000

473,000

43

Sold

8

350,000

630,000

416,875

384,000

37

 

This month we have 17 pending sales and 8 more awaiting resolution of the inspections. Market time for the Actives is down but for the solds, it’s up. Buyers must have taken advantage of some over-priced listings and negotiated a good deal.

For in-city Seattle north of the ship canal the statics include 235 closed sales in March, 336 pending sales and 783 active listings, for an astounding absorption rate of 3.0. Houses are flying off the shelf again.

Sold in March for $630,000

This report includes single family homes, townhomes and condominiums.

You can see the active Roosevelt and Ravenna listings included: Ravenna Roosevelt March 2011 Market Report.

If you live in the Seattle area, and in particular the North Seattle and the Ravenna or Roosevelt areas, give me a call and let’s discuss how to resolve your real estate issues.

 

 

 

 

Glenn Roberts
Retired

 

 
This post has been included in Washington Real Estate News King County, WA Real Estate News Seattle, WA Real Estate News Ravenna (Seattle, WA) Real Estate News
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4 Comments on Ravenna Roosevelt March 2011 Market Report

APR
03
2011
313,465 Points 32 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Glenn~Great information about the area! I love the look of the home in the photo!
12:52am • #1
311,248 Points 33 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Melissa- Thanks. That neighborhood home was owned by a local well known chef. Pricey for a two bedroom but a unique and classy redesign inside without hurting the outside.
10:05am • #2
1,099,525 Points 51 Featured Posts Outside Blog Called Shot Master

Thanks for the run down of your area you know the best Glenn.
12:01pm • #3
311,248 Points 33 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Andy - Home for 25 years, all in real estate. Gotta know it.
6:08pm • #4


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Glenn Roberts

Seattle, WA

More about me…

Retired

Address: Seattle, WA, 98103

Cell Phone: (206) 478-3665

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