Nov
3
11/1/07 Market Update for South Lake Washington Seattle Neighborhoods - Madrona, Leschi, Mount Baker, Judkins Park, Columbia City, Genessee Park, Seward Park to North Renton, Washington
Posted by Kari Collins under For Buyers, For Realty Professionals, For Sellers, Marketing Reports, Washington, Real Estate Statistics
South Seattle Lake Washington Neighborhood Real Estate Market Report Statistics (11/1/07)
King County (Washington State)
Single Family Homes
Average Days on Market: 76 days
Inventory of Active Listings: 11,103
Average List Price: $ 703,693
Average Sales Price: $ 563,645
Condominiums
Average Days on Market: 68 days
Inventory of Active Listings: 3,434
Average List Price: $ 455,372
Average Sales Price: $ 326,164
Note: For King County only, stats are based on September 2007 numbers. They do not include manufactured homes or unfinished new construction. They do not include cancelled listings.
MLS Area 380 – Central Seattle – I90 bridge & Lake Washington, South to S. 112th St, West to Rainier & Martin Luther King, East to Lake Washington – Mount Baker, Judkins Park, Leschi, Genesee Park
Single Family Homes - 5.6 months of supply
Average Days on Market: 68 days (was 66 days)
Inventory of Active Listings: 280 (was 292)
Average List Price: $610,533 (was $582,268)
Average Sales Price: $635,342 (was $485,505)
Number closed: 50 from 10/1/07 – 11/1/07
Condominiums - 3.3 months supply
Average Days on Market: 74 (was 69 days)
Inventory of Active Listings: 20 (was 31)
Average List Price: $400,288 (was $359,140)
Average Sales Price: $393,492 (was $313,000)
Number closed: 6 from 10/1 – 11/1/07
MLS Area 385 – West In-City Seattle – West of Rainier to Duwamish Waterway, South to approximately S. 112th St – Beacon Hill, Rainier Valley
Single Family Homes - 5.6 months supply
Average Days on Market: 66 (was 77 days)
Inventory of Active Listings: 139 (was 145)
Average List Price: $394,161 (was $430,641)
Average Sales Price: $388,458 (was $368,408)
Number closed: 25 from 10/1 – 11/1/07
Condominiums - 4 months supply
Average Days on Market: 92 (was 51 days)
Inventory of Active Listings: 12 (was 10)
Average List Price: $312,467 (was $315,820)
Average Sales Price: $310,467 (was $307,500)
Number closed: 3 from 10/1 – 11/1/07
MLS Area 390 – In City Seattle ( I90 Bridge North to I5 Bridge, West to I5, East to Lake Washington ) Madison Park, Arboretum, Capitol Hill, Madrona, Madison Valley, Roanoke Park, Eastlake
Single Family Homes - 5.2 months supply
Average Days on Market: 69 (was 64 days)
Inventory of Active Listings: 286 (was 300)
Average List Price: $ 884,795 (was $1,006,591)
Average Sales Price: $ 867,265 (was $746,833)
Number closed: 55 closed from 10/1 – 11/1/07
Condominiums - 5.5 months supply
Average Days on Market: 69 (was 69 days)
Inventory of Active Listings: 310 (was 330)
Average List Price: $373,410 (was $523,298)
Average Sales Price: $367,614 (was $337,082)
Number closed: 56 from 10/1 – 11/1/07
MLS Area 360 – South Seattle, Unincorporated King County & North Renton – Bryn Mawr, Upper Rainier Beach, Lakeridge, Skyway, West Hill, North Renton, Campbell Hill
Single Family Homes - 9.6 months supply
Average Days on Market: 67 (was 73 days)
Inventory of Active Listings: 182 (was 200)
Average List Price: $ 368,253 (was $479,204)
Average Sales Price $ 357,458 (was $371,629)
Number closed: 19 from 10/1 – 11/1/07
Condominiums - 7.3 months supply
Average Days on Market: 69 (was 83 days)
Inventory of Active Listings: 22 (was 23)
Average List Price: $ 222,600 (was $262,393)
Average Sales Price: $ 218,600 (was $261,350)
Number closed: 3 from 10/1 – 11/1/07
If you’d like to find out your house value & market activity within your own neighborhood, check out our ”Market Snapshot” tool. Go to our website www.KariAndJoe.com and look on the right side for “Market Snapshot”. Scroll down within that box to view a sample of the statistical information you’ll receive for your own neighborhood’s “Market Snapshot”.
The KariAndJoe.com Team | Your Home Selling System Since 1988
27 years of combined Real Estate experience in Seattle, Washington
Keller Williams Realty South East Sound
Phone 425-282-6197
Email: Info@KariAndJoe.com
Website: www.kariandjoe.com/
Blogsite: http://karicollins.featuredblog.com/
Serving Serving South Seattle Lake Washington Homes – Madrona, Leschi, Mount Baker, Columbia City, Genesee Park, Seward Park & South to North Renton Real Estate
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