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Home Sales Report for the Eastside and King County - October 2011

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Real Estate Agent with Keller Williams Realty - Bellevue 89879
October 2011 Homes Sales Report for King County & Cities of Bellevue, Redmond, Kirkland, Issaquah and Sammamish. In October of 2011 King County closed sales were up 16.61% from October 2010 (1,853 vs 1,589) . The Eastside showed some very strong numbers as well with closed sales. Closed sales were up 13.29% (588 vs 519) The median home price in King County in October was $287,500 down 17.86%. The Eastside Median Sales price was down just 10.75% to $415,000. For the sixth straight month, pending sales across King County moved up 16.61%, while pending sales on the Eastside were up 13.29%. In addition I am noticing quite a bit of potential in the market. We are still seeing inventory numbers decline. In October total active listings were down 26.54% in King County and down 25.01% on the Eastside from October of 2010. See the raw numbers from the Northwest Multiple Listing Service. Also take a look at the housing numbers for Sammamish and Redmond. In Kirkland the Market Action Index(a gauge of market activity) remains strong. While it's still a buyers market, it is much more balanced. With interest rates in the LOW 4's buyers affordability is at an all time high.
Here is a breakdown of real estate homes sales in Seattle Eastside Communities of Bellevue, Kirkland, Redmond, Issaquah and Sammamish, Washington for the week broken down by neighborhood. Just click on the link to your neighborhood for the complete breakdown of the homes that are on The chart below breaks down Seattle Washington's Greater Eastside Real Estate homes sales by City, for the week of 10/15/2011.
City # of Active Listings
Homes For Sale in Bellevue, Washington 447
Homes For Sale in Issaquah, Washington 243
Homes For Sale in Kirkland, Washington 336
Homes For Sale in Redmond, Washington 357
Homes For Sale in Sammamish, Washington 324
To find out what your home is worth or If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 206-818-8816 or Click here to send me an e-mail requesting further information.
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by Dan Edwards find me on Google+

The Eastside Real Estate  Team Blog

Dan Edwards provides a superior level of real estate services to home buyers and sellers in the Greater Eastside of the Seattle Area. Visit The Eastside Real Estate Team to search for homes in Redmond, Kirkland, Bellevue, Maple Vally, Newcastle, Issaquah, Sammamish, Snoqualmie and surrounding areas.

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Dan Edwards, REALTOR, GREEN, CDPE, CNE 425-200-4093

 

 

Dom Naidoo
Westside Properties - Venice, CA
Malibu to the Marina Real Estate

Thanks for sharing the helpful information about King County! All the best of luck!

Nov 16, 2011 05:41 AM