2011 Market Report for Issaquah, Washington

2011 Market Report for Issaquah, Washington

2011 Market Report for Issaquah, Washington

Real estate was on a lot of peoples minds this last year. Now that the year is over we can report activity, averages and trends.

I would characterize Issaquah real estate activity as brisk and picking up based on the experiences of the Phil Leng Team. We have sold many homes in this past year, with an average market time of 49 days!

However the overall statistics for Issaquah are sobering. Which of these two categories do you want to be in? The red category, or the green category? The Phil Leng Team will help you sell your property this year, we will get you into the sold category!


The trend of median sold prices in Issaquah is obscure from this next graph. The median price appears to have held somewhat steady through 2011.

Perhaps the good news in Issaquah is that the number of new properties going for sale every month has been dropping over the last year. It looks like the trend of new listings every month is down 38%. If you like your house, and do not need to sell it in the next 5-10 years, why put it up for sale?



The average Days on Market in Issaquah appears to have been going down slightly, but this next graph would not convince me there is a trend.



If you are a serious seller and need to sell, the next graph is good news. The Months supply of inventory in Issaquah, Washington has gone down. The graph shows 35% over the year, however it will not actually be by that much once the properties come on the market this spring. But I believe this is a real trend as those who do not really need to sell simply defer their plans until a later time.


If you are a serious seller and want to sell this year in Issaquah, hire the Phil Leng Team. We have the experiences and the track record to help you reach your real estate goals this year.

All data for this 2011 Market Report for Issaquah, Washington  is from the NWMLS and is their property. Accuracy has not been independently verified. Statistics are a bit like humans. If you torture them long enough you can make them say anything you want them to say!

View Larger Map