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March 2019 Monthly Report
March 2019
King County* Active Listings & Closed Sales
Monthly Analysis
Active Listings
# of Homes
Closed Sales
16,000 14,000 12,000 10,000 8,000 6,000
4,380
4,000 2,000 2,232 0
January 2009
March 2019
Year-over-Year Change 4,380
2,232
Active Listings
51%
Closed Sales
*Absorption Rate
*Absorption Rate = Total Closed Sales divided by the total number of Active listings. Buyer’s Market: 0-16.66% Neutral Market: 16.66-33.33% Seller’s Market: 33.33%+
+118% vs 2018
-15%
vs 2018
-61%
vs 2018
*Data covers Single-Family and Condominium data. Includes all price ranges. Data is derived from the NWMLS, provides to you by VDB | Compass.
March 2019
King County Prices
Monthly Analysis
Home Prices
Median Sold Price
Price Per SQFT
$600 $626,200
$700,000 $600,000
$500 $407
$500,000
$400
$400,000 $300 $300,000 $200
$200,000
$100
$100,000 $0
$0
March 2019
January 2009
Year-over-Year Change $470
$626k
Price Per SQFT
99.9%
Sold Price
0%
vs 2018
List Price vs Sold Price Ratio
-1%
vs 2018
-4%
vs 2018
*Data covers Single-Family and Condominium data. Includes all price ranges. Data is derived from the NWMLS, provides to you by VDB | Compass.
March 2019
Seattle* Active Listings & Closed Sales
Monthly Analysis
Active Listings
# of Homes
Closed Sales
5,000 4,500 4,000 3,500 3,000 2,500 2,000
1,581
1,500 1,000 500
775
0
January 2009
March 2019
Year-over-Year Change 1,581
775
Active Listings
49%
Closed Sales
Absorption Rate
*Absorption Rate = Total Closed Sales divided by the total number of Active listings. Buyer’s Market: 0-16.66% Neutral Market: 16.66-33.33% Seller’s Market: 33.33%+
+155% vs 2018
-16%
vs 2018
-67%
vs 2018
*Data covers Single-Family and Condominium data. Includes all price ranges. Data is derived from the NWMLS, provides to you by VDB | Compass.
March 2019
Seattle Prices
Monthly Analysis
Home Prices
Median Sold Price
$800,000
Price Per SQFT $1,200 $690,000
$700,000
$1,000
$600,000 $800
$500,000 $400,000
$600
$300,000
$514 $400
$200,000 $200
$100,000 $0
$0
March 2019
January 2009
Year-over-Year Change $514
$690k
Price Per SQFT
100%
Sold Price
-2%
vs 2018
List Price vs Sold Price Ratio
-4%
vs 2018
-6%
vs 2018
*Data covers Single-Family and Condominium data. Includes all price ranges. Data is derived from the NWMLS, provides to you by VDB | Compass.
March 2019
Eastside* Active Listings & Closed Sales
Monthly Analysis
Active Listings
# of Homes
Closed Sales
6,000 5,000 4,000 3,000 1,629
2,000 1,000
722
0
January 2009
March 2019
Year-over-Year Change 1,629
722
Active Listings
44%
Closed Sales
Absorption Rate
*Absorption Rate = Total Closed Sales divided by the total number of Active listings. Buyer’s Market: 0-16.66% Neutral Market: 16.66-33.33% Seller’s Market: 33.33%+
+113% vs 2018
-17%
vs 2018
-61%
vs 2018
*Data covers Single-Family and Condominium data. Includes all price ranges. Data is derived from the NWMLS, provides to you by VDB | Compass.
March 2019
Eastside Prices
Monthly Analysis
Home Prices
Median Sold Price
Price Per SQFT
$900,000
$823,245 $500
$800,000
$450
$700,000
$427 $400 $350
$600,000
$300
$500,000
$250
$400,000
$200
$300,000
$150
$200,000
$100
$100,000
$50 $0
$0
March 2019
January 2009
Year-over-Year Change $427
$823k
Price Per SQFT
99.6%
Sold Price
0%
vs 2018
List Price vs Sold Price Ratio
+2%
vs 2018
-5%
vs 2018
*Data covers Single-Family and Condominium data. Includes all price ranges. Data is derived from the NWMLS, provides to you by VDB | Compass.
March 2019 Monthly Analysis
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