Real estate-It's still a buyer's market in Northeast Seattle
This weeks real estate market snap shot for Northeast Seattle. The Northeast Seattle (zip code 98125) is made up of the following neighborhoods; Victory Heights, Pinehurst, Lake City, Cedar Park and Sand Point.
Price Trends in Northeast Seattle
The median single family home price as of August 13 2012 for Seattle, WA is $329,000.
With a Market Action Index as of August 13 2012 at 19.3 (under 30 is a buyers’ market -19.3 represents a strong buyer’s market)
The average property in Seattle as of August 13 2012 has been on the market for about 110 days.
The median price per square foot for homes in Seattle as of August 13 2012 is about $201.
There are about 117 properties on the market in Seattle as of August 13 2012.
Percent of properties with price decreases as of August 13 2012 is about 30%
| Median List Price: | $333,837 | Average List Price: | $395,904 |
| Total Inventory: | 121 | Price per Square Foot: | $198 |
| Average Home Size: | 1,693 | Median Lot Size: | 7,997 |
| Average # Beds: | 3.21 | Average # Baths: | 1.99 |
| Homes Absorbed: | 9 | Newly Listed: | 9 |
| Days on Market: | 110 | Average Age: | 50 |
| Median List Price: | $147,040 | Average List Price: | $145,656 |
| Total Inventory: | 34 | Price per Square Foot: | $125 |
| Average Home Size: | 1,057 | Median Lot Size: | n/a |
| Average # Beds: | 1.87 | Average # Baths: | 1.60 |
| Homes Absorbed: | 2 | Newly Listed: | 1 |
| Days on Market: | 144 | Average Age: | 30 |
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