Posted by David Edwards under For Buyers, For Sellers, For Realty Professionals, Regional - West, Statistics, Marketing Reports, Washington
MLS Area 500 (Newcastle, Bellevue South of I-90 & Issaquah South of I-90)
Single Family Homes
Average Days on Market: 90 Days (Up from 88 Last Week)
Inventory of Active Listings: 441 (Down from 464 Last Week)
Inventory of Sold Listings: 460 (Down from 464 Last Week)
76.66 listings are absorbed by demand each month on average. (77.33 as of Last Week)
5.75 Months Worth of Supply (6 as of Last Week)
Average List Price: $887,409 (Down from $892,550 Last Week)
Average Sale Price: $766,870 (Up from $765,847 Last Week) - Up four weeks in a row.
Condominiums
Average Days on Market: 55 Days (Up from 53 Last Week)
Inventory of Active Listings: 115 Active Listings (Down from 120 from Last Week)
Inventory of Sold Listings: 216 (Up from 215 Last Week)
36 listings are absorbed by demand each month on average. (35.83 as of Last Week)
3.19 Months Worth of Supply (Down from 3.34 Last Week)
Average List Price: $337,386 (Down from $337,800 Last Week)
Average Sale Price: $321,695 (Down from $324,009 Last Week)
MLS Area 350 (Northeast Renton / Renton Highlands, Briarwood)
Single Family Homes
Average Days on Market: 89 Days (Up from 87 Last Week)
Inventory of Active Listings: 452 Active Listings (Down from 471 Last Week)
Inventory of Sold Listings: 434 (Down from 455 Last Week)
72.33 listings are absorbed by demand each month on average.(75.33 as of Last Week)
6.24 Months Worth of Supply (Up from 6.21 Last Week)
Average List Price: $542,352 (Up from $540,951 Last Week) - Up three weeks in a row.
Average Sale Price: $462,050 (Up from $461,029 Last Week) - Up three weeks in a row.
Condominiums
Average Days on Market: 58 Days (Up from 56 Last Week)
Inventory of Active Listings: 66 Active Listings (No Change from last week)
Inventory of Sold Listings: 84 (Down from 87 Last Week)
14 listings are absorbed by demand each month on average. (14.5 as of Last Week)
4.71 Months Worth of Supply (Up from 4.55 Last Week)
Average List Price: $254,728 Up from $253,472 Last Week) - Up two weeks in a row.
Average Sale Price: $234,185 (Down from $237,345 Last Week)
MLS Area 340 (Southeast Renton / Benson Hill, Fairwood)
Single Family Homes
Average Days on Market: 78 Days (Up from 76 Days Last Week)
Inventory of Active Listings: 352 Active Listings (Down from 365 Last Week)
Inventory of Sold Listings: 357 (Down from 365 Last Week)
59.5 listings are absorbed by demand each month on average. (60.83 as of Last Week)
5.91 Months Worth of Supply (Down from 6.00 Last Week)
Average List Price: $432,110 (Up from $431,367 Last Week) - Up two weeks in a row.
Average Sale Price: $398,872 (Up from $398,229 Last Week)
Condominiums
Average Days on Market: 57 Days (Up from 55 Last Week)
Inventory of Active Listings: 91 Active Listings (Up from 93 Last Week)
Inventory of Sold Listings: 124 (Down from 125 Last Week)
20.66 listings are absorbed by demand each month on average. (20.83 as of Last Week)
4.40 Months Worth of Supply (Down from 4.51 Last Week)
Average List Price: $243,760 (Up from $243,691 Last Week) - Up two weeks in a row.
Average Sale Price: $238,781 (Up from $236,873 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 http://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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