Local Market Update – June 2019
A Research Tool Provided by Northwest Multiple Listing Service®
98036 Residential
June
Year to Date
Key Metrics
2018
2019
% Change
Thru 6-2018
Thru 6-2019
% Change
New Listings
74
59
- 20.3%
291
294
+ 1.0%
Pending Sales
49
54
+ 10.2%
245
271
+ 10.6%
Closed Sales
57
48
- 15.8%
225
242
+ 7.6%
Days on Market Until Sale
9
25
+ 177.8%
12
36
+ 200.0%
Median Sales Price*
$635,000
$570,750
- 10.1%
$560,000
$561,250
+ 0.2%
Average Sales Price*
$657,970
$620,692
- 5.7%
$601,451
$619,544
+ 3.0%
102.6%
100.0%
- 2.5%
103.7%
99.9%
- 3.7%
Inventory of Homes for Sale
50
61
+ 22.0%
––
––
––
Months Supply of Inventory
1.2
1.5
+ 25.0%
––
––
––
Percent of List Price Received*
Condo
June
Year to Date
Key Metrics
2018
2019
% Change
Thru 6-2018
Thru 6-2019
% Change
New Listings
26
7
- 73.1%
78
47
- 39.7%
Pending Sales
15
9
- 40.0%
58
45
- 22.4%
Closed Sales
15
3
- 80.0%
57
42
- 26.3%
Days on Market Until Sale
9
6
- 33.3%
12
56
+ 366.7%
Median Sales Price*
$372,550
$261,000
- 29.9%
$349,950
$287,500
- 17.8%
Average Sales Price*
$389,863
$308,650
- 20.8%
$387,886
$372,695
- 3.9%
102.6%
101.6%
- 1.0%
103.8%
100.0%
- 3.7%
Inventory of Homes for Sale
19
9
- 52.6%
––
––
––
Months Supply of Inventory
1.9
1.1
- 42.1%
––
––
––
Percent of List Price Received*
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Median Sales Price - Residential
Median Sales Price - Condo
Rolling 12-Month Calculation
Rolling 12-Month Calculation
Entire MLS 98036
$600,000
Entire MLS 98036
$400,000 $350,000
$500,000
$300,000 $250,000
$400,000 $200,000 $150,000
$300,000
$100,000 $200,000 1-2003
$50,000 1-2005
1-2007
1-2009
1-2011
1-2013
1-2015
1-2017
1-2019
1-2003
1-2005
1-2007
1-2009
1-2011
1-2013
1-2015
1-2017
1-2019
A rolling 12-month calculation represents the current month and the 11 months prior in a single data point. If no activity occurred during a month, the line extends to the next available data point. Current as of July 1, 2019. All data from Northwest Multiple Listing Service®. Report © 2019 ShowingTime.