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Updated Renton, Newcastle & South Bellevue Real Estate Market Statistics (As of October 29th, 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: 83 Days (Up from 81 Last Week)
Inventory of Active Listings: 507 (Down from 511 Last Week)
Average List Price: $899,101 (Down from $900,932 Last Week)
Average Sale Price: $756,663 (Down from $766,005 Last Week)

Condominiums
Average Days on Market: 57 Days (Up from 55 Last Week)
Inventory of Active Listings: 134 Active Listings (Down from 135 from Last Week)
Average List Price: $339,034 (Down from $339,981 Last Week)
Average Sale Price: $325,070 (Down from $327,190 Last Week)


MLS Area 350 (Renton Highlands)
Single Family Homes
Average Days on Market: 82 Days (Up from 81 Last Week)
Inventory of Active Listings: 481 Active Listings (Down from 489 Last Week)
Average List Price: $527,583 (Up from $523,902 Last Week)
Average Sale Price: $467,833 (Down from $469,182 Last Week)

Condominiums
Average Days on Market: 51 Days (Up from 49 Last Week)
Inventory of Active Listings: 75 Active Listings (Down from 80 last week)
Average List Price: $254,568 (Down from $255,636 Last Week)
Average Sale Price: $241,136 (Down from $245,340 Last Week)


MLS Area 340 (Southeast Renton / Benson Hill)
Single Family Homes
Average Days on Market: 72 Days (Up from 71 Days Last Week)
Inventory of Active Listings: 399 Active Listings (Down from 422 Last Week)
Average List Price: $433,437 (Down from $434,741 Last Week)
Average Sale Price: $402,138 (Down from $403,824 Last Week)

Condominiums
Average Days on Market: 50 Days (Up from 49 Last Week)
Inventory of Active Listings: 96 Active Listings (Up from 93 Last Week)
Average List Price: $245,365 (Down from $246,356 Last Week)
Average Sale Price: $240,535 (Down from $242,626 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.