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

King county (Washington State)
Single Family Homes
Average Days on Market:  73 days
Inventory of Active Listings:  10,298
Average List Price:  $712,618
Average Sales Price:  $593,967

Condominiums
Average Days on Market:  65 Days
Inventory of Active Listings:  3117
Average List Price:  $448,427
Average Sales Price:  $593,967

Note:  For King County only, stats are based on August 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)
Single Family Homes
Average Days on Market:  64 Days
Inventory of Active Listings:  246
Average List Price:  $ 565,717
Average Sales Price:  $ 584,123

Condominiums
Average Days on Market:  72 Days
Inventory of Active Listings:  25
Average List Price:  $320,788
Average Sales Price:  $328,725

MLS Area 390 (Central Seattle - I90 Bridge North to 520 Bridge, West to I5, East to Lake Washington)
Single Family Homes
Average Days on Market:  72 Days
Inventory of Active Listings:  246
Average List Price:  $1,116,188
Average Sales Price:  $907,309

Condominiums
Average Days on Market:  73
Inventory of Active Listings:  271
Average List Price:  $506,023
Average Sales Price:  $330,365

If you are interested in additional statistical information for your neighborhood that is not covered here, please respond to this post.  You are also welcome to visit our website found at http://karicollins.topproducerwebsite.com/home.asp
where you can access our free “Market Snapshot” research tool found on the left side of the homepage.  You may also view a sample of the Free information you will receive with “Market Snapshot“.

This information is deemed reliable but is not guaranteed to be 100% accurate.  I generate these statistics using the Northwest Multiple Listing Service.  These statistics were not compiled or published by the NWMLS.

The KariAndJoe.com Team | Your Home Selling System
Serving South Seattle Lake Washington Homes - Leschi, Mount Baker, Columbia City, Genesee Park, Seward Park & South to Renton Real Estate
27 years of combined Real Estate experience in Seattle, Washington
Keller Williams Realty SouthEast Sound
Phone 425-282-6197
Email: Info@KariAndJoe.com
Website: http://www.KariAndJoe.com
Blogsite: http://karicollins.topproducerwebsite.com/home.asp

The KariAndJoe.com Team is a full-service, full-time Real Estate agent team and Realtors with Keller Williams Realty specializing in Residential Real Estate and Investment Real Estate for buyers and sellers in Washington’s Seattle South Lake Washington ’s Leschi, Mount Baker, Columbia City, Seward Park, Upper Rainier Beach, Bryn Mawr, Lakeridge, and Renton’s, newest neighborhood, South Lake Washington, Paul Allen, Harvest Partners Development, The Landing.