May 2011 Eastside Real Estate Statistics -- At A Glance (With King/Snohomish County Heat Maps)

Real Estate Agent with Windermere Real Estate N.E.

By Greg Perry, Eastside Realtor

05 2011 heat map 

For the Eastside NWMLS areas 500-600, RESIDENTIAL (not condos) Pending sales were up an incredible 33from last year (805 in 2010 vs. 607 in 2011).  However, the available inventory (Active listings to sell) was down 14% ( 3,163 in 2010 vs. 2721 in 2011).  The Eastside Months Of Inventory dropped to 3.4 months at the current rate of sale this year from 5.2 months of inventory last year.

Median prices on the Eastside slipped 2 % from last year coming in at $507,653, vs. $519,581  last year.

Overall, an outstanding performance.   The nice inventory continues selling quickly.  Doggy inventory and high priced inventory is just sitting.  There are plenty of forecloused homes and short sales properties to sell.  

Here are the Eastside numbers AT-A-GLANCE:

05 2011 Residential Eastside


Comments (1)

Julie Booth
Fidelity National Title - Federal Way, WA
Keeping the parties informed of the escrow process

I wanted to check out your stats shown here to see the numbers - I needed my magnifyer (getting old is fun!) but I love to see these numbers!  Fabulous!!  Thanks for sharing.

Jun 24, 2011 01:50 AM