WK21- May 20th -26th 2019 Market Recap

Week 21 of 52 Report 5/20 - 5/26/2019

Weekly Report Eastside & Seattle

Week 21 of 52 Report 5/20 - 5/26/2019

Single-Family Residential Eastside & Seattle

Eastside/South of I-90 Single-Family* Closed Data

Week 21 of 52 Report 5/20 - 5/26/2019

* A sale with 0 Days on Market was Sold-Unlisted on the NWMLS.

2019

This Week...

Active*

2018

Community

Homes Closed

Price Per SQFT

Days on Market

Homes Closed Price Per SQFT Days on Market

Bellevue

0

$0

0

1

$471

7

Forest Ridge

0

$0

0

1

$448

6

Lakemont

2

$377

44

3

$295

6

Newport Hills

0

$0

0

1

$463

5

Newport Shores

1

$618

5

1

$505

6

Somerset

2

$390

6

2

$434

6

The Summit

1

$476

3

0

$0

0

Whispering Heights

1

$431

3

0

$0

0

Summary

7

$437

16

9

$405

6

98 Pending*

53 Average Price Per SQFT

2019

2018

2018 Linear Price Trend *Line Breaks = No Sales Data

$550

Absorption Rate*

$500 $450

54%

$402

$400

$373

$350 $300 $250 Week 1

Week 26

Week 52

*Active, Pending and Closed Single-Family Homes only include properties $1m+ price range. For sale are listings currently active as of 5/29/19. Pending includes Pending & Pending Inspection in the last 60 days. The absorption rate percentage is based on pending sales. Summary of Homes Sold represents the sum total & PPSF & Days on Market represent average values. Zip codes: 98006, 98027. Data derived from NWMLS.

West Bellevue Single-Family* Closed Data

Week 21 of 52 Report 5/20 - 5/26/2019

* A sale with 0 Days on Market was Sold-Unlisted on the NWMLS.

2019

2018

Community

Homes Closed

Price Per SQFT Days on Market Homes Closed

Price Per SQFT

Days on Market

Beaux Arts

0

$0

0

1

$607

33

Bellevue

2

$703

8

0

$0

0

Clyde Hill

1

$944

101

0

$0

0

Downtown

0

$0

0

2

$678

24

Enatai

2

$530

61

0

$0

0

Medina

4

$692

7

2

$945

55

Meydenbauer

0

$0

0

1

$557

8

Surrey Downs

1

$532

16

0

$0

0

West Bellevue

2

$619

21

1

$633

2

Yarrow Point

1

$756

41

0

$0

0

Summary

13

$669

28

7

$720

29

Average Price Per SQFT

2019

2018

This Week...

Active*

121 Pending*

35

2018 Linear Price Trend *Line Breaks = No Sales Data

$1,000

Absorption Rate*

$900 $800 $720 $669

$700

28%

$600 $500 $400 $300 Week 1

Week 26

Week 52

*Active, Pending and Closed Single-Family Homes only include properties $1m+ price range. For sale are listings currently active as of 5/29/19. Pending includes Pending & Pending Inspection in the last 60 days. The absorption rate percentage is based on pending sales. Summary of Homes Sold represents the sum total & PPSF & Days on Market represent average values. Zip codes: 98004, 98039. Data derived from NWMLS.

Sammamish Single-Family* Closed Data

Week 21 of 52 Report 5/20 - 5/26/2019

* A sale with 0 Days on Market was Sold-Unlisted on the NWMLS.

2019

Active*

2018

Community

Homes Closed Price Per SQFT Days on Market Homes Closed Price Per SQFT Days on Market

Aldarra

0

$0

0

1

$282

9

Hidden Ridge

1

$373

0

0

$0

0

Inglewood

0

$0

0

2

$420

5

Issaquah

0

$0

0

1

$302

2

Issaquah Highlands

1

$356

8

3

$364

7

Issaquah/Sammamish

1

$285

90

0

$0

0

Pine Lake

0

$0

0

1

$355

0

Plateau

1

$443

3

6

$362

9

Sammamish

3

$328

20

6

$389

23

Timberline

3

$358

19

0

$0

0

Trossachs

2

$327

33

0

$0

0

Summary

12

$348

24

20

$369

12

Average Price Per SQFT

2019

2018

This Week...

154 Pending*

100

2018 Linear Price Trend *Line Breaks = No Sales Data

$600

Absorption Rate*

$550 $500

64%

$450 $400 $369 $348

$350 $300 Week 1

Week 26

Week 52

*Active, Pending and Closed Single-Family Homes only include properties $1m+ price range. For sale are listings currently active as of 5/29/19. Pending includes Pending & Pending Inspection in the last 60 days. The absorption rate percentage is based on pending sales. Summary of Homes Sold represents the sum total & PPSF & Days on Market represent average values. Zip codes: 98029, 98074, 98075. Data derived from NWMLS.

Kirkland/Bridle Trails Single-Family* Closed Data

Week 21 of 52 Report 5/20 - 5/26/2019

* A sale with 0 Days on Market was Sold-Unlisted on the NWMLS.

2019

2018

Community

Homes Closed

Price Per SQFT

Days on Market Homes Closed

Price Per SQFT

Days on Market

Downtown

2

$545

21

0

$0

0

East Of Market

3

$542

6

2

$514

7

Everest Park

1

$539

29

0

$0

0

Highlands

3

$569

83

0

$0

0

Houghton

1

$474

2

2

$531

6

North Rose Hill

0

$0

0

2

$444

11

Rose Hill

1

$483

4

0

$0

0

West Of Market

1

$569

49

2

$520

3

Summary

12

$541

33

8

$502

7

This Week...

Active*

78 Pending*

47 Average Price Per SQFT

2019

2018

2018 Linear Price Trend *Line Breaks = No Sales Data

$750

Absorption Rate*

$700 $650 $600

60%

$529

$550 $500

$490

$450 $400 $350 Week 1

Week 26

Week 52

*Active, Pending and Closed Single-Family Homes only include properties $1m+ price range. For sale are listings currently active as of 5/29/19. Pending includes Pending & Pending Inspection in the last 60 days. The absorption rate percentage is based on pending sales. Summary of Homes Sold represents the sum total & PPSF & Days on Market represent average values. Zip codes: 980033. Data derived from NWMLS.

Redmond & Woodinville Single-Family* Closed Data

Week 21 of 52 Report 5/20 - 5/26/2019

* A sale with 0 Days on Market was Sold-Unlisted on the NWMLS.

2019

2018

Community

Homes Closed Price Per SQFT Days on Market Homes Closed Price Per SQFT Days on Market

Downtown Redmond

0

$0

0

1

$409

3

Education Hill

5

$419

8

1

$450

7

English Hill

1

$455

6

0

$0

0

Hollywood Hill

1

$433

556

0

$0

0

Hunters Glen

1

$398

9

1

$331

6

Lake Of The Woods

0

$0

0

2

$382

50

Redmond

1

$395

0

0

$0

0

Redmond Ridge

2

$342

15

0

$0

0

Saybrook

1

$299

19

1

$348

6

Tolt

0

$0

0

1

$361

25

Tuscany

1

$450

8

0

$0

0

Union Hill

0

$0

0

1

$393

5

Woodinville

2

$319

0

0

$0

0

Summary

15

$390

44

8

$382

19

Average Price Per SQFT

2019

2018

This Week...

Active*

129 Pending*

103

2018 Linear Price Trend *Line Breaks = No Sales Data

Absorption Rate*

$440 $420 $400

80%

$390 $382

$380 $360 $340 $320 $300 Week 1

Week 26

Week 52

*Active, Pending and Closed Single-Family Homes only include properties $1m+ price range. For sale are listings currently active as of 5/29/19. Pending includes Pending & Pending Inspection in the last 60 days. The absorption rate percentage is based on pending sales. Summary of Homes Sold represents the sum total & PPSF & Days on Market represent average values. Zip codes: 980052, 98053, 98072, 98077. Data derived from NWMLS.

Central Seattle Single-Family* Closed Data

Week 21 of 52 Report 5/20 - 5/26/2019

* A sale with 0 Days on Market was Sold-Unlisted on the NWMLS.

2019

Active*

2018

Community

Homes Closed Price Per SQFT Days on Market Homes Closed Price Per SQFT Days on Market

Capitol Hill

2

$550

27

5

$654

22

Denny Blaine

2

$481

97

0

$0

0

Eastlake

0

$0

0

1

$1,111

0

Leschi

1

$598

57

3

$503

10

Madison Valley

0

$0

0

3

$595

11

Madrona

1

$538

14

1

$410

7

Montlake

0

$0

0

1

$500

49

North Capitol Hill

0

$0

0

1

$411

76

Washington Park

1

$728

541

1

$657

19

Summary

7

$561

123

16

$603

20

Average Price Per SQFT

2019

2018

This Week...

92 Pending*

45

2018 Linear Price Trend *Line Breaks = No Sales Data

Absorption Rate*

$775 $725 $675 $625

49%

$603

$575

$561

$525 $475 $425 $375 Week 1

Week 26

Week 52

*Active, Pending and Closed Single-Family Homes only include properties $1m+ price range. For sale are listings currently active as of 5/29/19. Pending includes Pending & Pending Inspection in the last 60 days. The absorption rate percentage is based on pending sales. Summary of Homes Sold represents the sum total & PPSF & Days on Market represent average values. Zip codes: 98122, 98112, 98102. Data derived from NWMLS.

Queen Anne/Magnolia Single-Family* Closed Data

Week 21 of 52 Report 5/20 - 5/26/2019

* A sale with 0 Days on Market was Sold-Unlisted on the NWMLS.

2019

2018

Community

Homes Closed

Price Per SQFT

Days on Market Homes Closed Price Per SQFT

Days on Market

Magnolia

3

$463

7

2

$482

14

Queen Anne

7

$639

6

3

$667

4

Summary

10

$586

6

5

$593

8

This Week...

Active*

85 Pending*

40 Average Price Per SQFT

2019

2018

2018 Linear Price Trend *Line Breaks = No Sales Data

$1,075

Absorption Rate*

$975 $593 $586

$875 $775

47%

$675 $575 $475 $375 Week 1

Week 26

Week 52

*Active, Pending and Closed Single-Family Homes only include properties $1m+ price range. For sale are listings currently active as of 5/29/19. Pending includes Pending & Pending Inspection in the last 60 days. The absorption rate percentage is based on pending sales. Summary of Homes Sold represents the sum total & PPSF & Days on Market represent average values. Zip codes: 98109, 98119. Data derived from NWMLS.

Ballard/Greenlake Single-Family* Closed Data

Week 21 of 52 Report 5/20 - 5/26/2019

* A sale with 0 Days on Market was Sold-Unlisted on the NWMLS.

2019

2018

Community

Homes Closed Price Per SQFT Days on Market

Homes Closed Price Per SQFT Days on Market

Ballard

1

$432

42

2

$524

10

Blue Ridge

1

$647

4

0

$0

0

Broadview

1

$366

16

1

$434

8

Fremont

1

$543

99

1

$485

7

Green Lake

1

$601

6

4

$544

8

North Beach

0

$0

0

1

$393

6

Phinney Ridge

2

$435

13

0

$0

0

Seattle

1

$498

3

1

$442

6

Sunset Hill

0

$0

0

2

$538

14

Wallingford

2

$491

9

3

$445

27

Whittier

0

$0

0

1

$518

7

Summary

10

$494

21

16

$494

12

Average Price Per SQFT

2019

2018

This Week...

Active*

63 Pending*

49

2018 Linear Price Trend *Line Breaks = No Sales Data

$650

Absorption Rate*

$600 $550

78%

$494 $494

$500 $450 $400 $350 Week 1

Week 26

Week 52

*Active, Pending and Closed Single-Family Homes only include properties $1m+ price range. For sale are listings currently active as of 5/29/19. Pending includes Pending & Pending Inspection in the last 60 days. The absorption rate percentage is based on pending sales. Summary of Homes Sold represents the sum total & PPSF & Days on Market represent average values. Zip codes: 98103, 98107, 98117. Data derived from NWMLS.

North Seattle Single-Family* Closed Data

Week 21 of 52 Report 5/20 - 5/26/2019

* A sale with 0 Days on Market was Sold-Unlisted on the NWMLS.

2019

2018

Community

Homes Closed

Price Per SQFT Days on Market Homes Closed Price Per SQFT

Days on Market

Bryant

2

$488

4

1

$519

68

Hawthorne Hills

0

$0

0

1

$923

8

Inverness

1

$357

19

1

$471

13

Laurelhurst

0

$0

0

1

$500

23

Meadowbrook

1

$479

7

0

$0

0

Ravenna

2

$463

103

1

$425

10

Sand Point

1

$513

6

0

$0

0

View Ridge

0

$0

0

1

$745

22

Wedgwood

0

$0

0

3

$445

25

Summary

7

$464

35

9

$547

24

This Week...

Active*

54 Pending*

22 Average Price Per SQFT

2019

2018

2018 Linear Price Trend *Line Breaks = No Sales Data

$650

Absorption Rate*

$600 $550

$547

41%

$500 $464

$450 $400 $350 Week 1

Week 26

Week 52

*Active, Pending and Closed Single-Family Homes only include properties $1m+ price range. For sale are listings currently active as of 5/29/19. Pending includes Pending & Pending Inspection in the last 60 days. The absorption rate percentage is based on pending sales. Summary of Homes Sold represents the sum total & PPSF & Days on Market represent average values. Zip codes: 98115, 98105. Data derived from NWMLS.

Week 21 of 52 Report 5/20 - 5/26/2019

Condominiums

West Bellevue/Kirkland & Seattle

West Bellevue & Kirkland Condominiums* Closed Data

Week 21 of 52 Report 5/20 - 5/26/2019

* A sale with 0 Days on Market was Sold-Unlisted on the NWMLS.

2019

2018

Community

Condos Sold

Price Per SQFT Days on Market

Condos Sold

Price Per SQFT

Days on Market

Downtown

1

$705

7

3

$715

5

Houghton

2

$685

21

2

$663

3

Kirkland

0

$0

0

2

$793

9

Rose Hill

0

$0

0

2

$463

140

Summary

3

$691

16

9

$665

35

This Week...

Active*

37 Pending*

Average Price Per SQFT

2019

2018

2018 Linear Price Trend *Line Breaks = No Sales Data

26

$1,200 $1,100

Absorption Rate*

$1,000 $900 $800

70%

$700 $691 $665

$600 $500 $400 Week 1

Week 26

Week 52

*Townhomes aren’t included. Active, Pending and Closed Condos only include properties $750k+ price range. For sale are listings currently active as of 5/29/19. Pending includes Pending & Pending Inspection in the last 60 days. The absorption rate percentage is based on pending sales. Summary of Homes Sold represents the sum total. PPSF & Days on Market represent average values. Zip codes include 98004, 98033. Data derived from NWMLS.

Seattle Condominiums* Closed Data

Week 21 of 52 Report 5/20 - 5/26/2019

* A sale with 0 Days on Market was Sold-Unlisted on the NWMLS.

2019

2018

Community

Condos Sold

Price Per SQFT

Days on Market

Condos Sold

Price Per SQFT

Days on Market

Belltown

2

$685

5

3

$681

5

Capitol Hill

0

$0

0

2

$757

7

Denny Triangle

0

$0

0

4

$817

21

Downtown

1

$693

67

3

$780

55

Madison Park

0

$0

0

1

$718

3

North Capitol Hill

1

$1,047

35

0

$0

0

Queen Anne

2

$1,000

2

3

$597

8

Seattle

1

$974

0

0

$0

0

Sunset Hill

0

$0

0

1

$714

1

Summary

7

$836

16

17

$714

18

Average Price Per SQFT

2019

2018

This Week...

Active*

138 Pending*

2018 Linear Price Trend *Line Breaks = No Sales Data

44

$1,200 $1,100 $1,000

Absorption Rate*

$938

$900 $884

$800

32%

$700 $600 $500

Week 1

Week 26

Week 52

*Townhomes aren’t included. Active, Pending and Closed Condos only include properties $750k+ price range. For sale are listings currently active as of 5/29/19. Pending includes Pending & Pending Inspection in the last 60 days. The absorption rate percentage is based on pending sales. Summary of Homes Sold represents the sum total. PPSF & Days on Market represent average values. Zip codes include 98102, 98104, 98101, 98121, 98122, 98112, 98119, 98109. Data derived from NWMLS.

Week 21 of 52 Report 5/20 - 5/26/2019

Waterfront

West Bellevue/Kirkland/Mercer Island/Seattle

Waterfront Single-Family* Closed Data

Week 21 of 52 Report 5/20 - 5/26/2019

* A sale with 0 Days on Market was Sold-Unlisted on the NWMLS.

2019

2018

Community

Homes Closed Price Per SQFT

Days on Market

Homes Closed

Price Per SQFT

Days on Market

North End

1

$944

0

0

$0

0

West Of Market

1

$1,354

0

0

$0

0

Summary

2

$1,149

0

0

$0

0

This Week...

Active*

29 Pending*

Average Price Per SQFT

2019

2018

2018 Linear Price Trend *Line Breaks = No Sales Data

5

$6,000 $5,000

Absorption Rate*

$4,000 $3,000

17%

$2,000 $1,306

$1,000

$1,149

$0 Week 1

Week 26

Week 52

*Private waterfront homes only. Areas: 1-90 (Beaux Arts) to West of Market (Kirkland), I-90 up to Windermere (Seattle) & Mercer Island. Active what was currently active as of 5/29/19. Pending includes Pending & Pending Inspection sales in the last 60 days. The absorption rate percentage is based on pending sales. Summary of Homes Sold represents the sum total. PPSF & Days on Market represent median values. Data derived from NWMLS.