New Construction in the Renton Highlands area has been a sought after commodity over the last dozen years. Lagging slightly behind demand since 2012, prices have escalated rapidly and there's no reason to assume that trend will not continue. Some builders have rapidly adapted to buyer demand for mult-generational living options and are building larger homes with more bedrooms.
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Getting Ready to buy?
Here's a overview of the 98059 New Construction activity for the past 6 months:
Currently there are 20 New (2015) homes availabe in the 98059 zip code. Prices will vary by builder and school district (Renton or Issaquah) but the median price of these Active listings is $772,780
Inventory under contract and Pending close of Escrow numbers 37 with a median List Price of $639,950.
In the last 6 months, 52 happy buyers moved into their new homes. Those closed sales reflect a median sales price of $609,998.
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