WK22- 5/27 -6/2 2019 Weekly Market Report

Page 1

Week 22 of 52 Report 5/27 - 6/2/2019

Weekly Report Eastside & Seattle


Week 22 of 52 Report 5/27 - 6/2/2019

Single-Family Residential Eastside & Seattle


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

Week 22 of 52 Report 5/27 - 6/2/2019

* 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

Bellevue

2

$420

41

1

$627

9

Cougar Mountain

3

$374

113

1

$486

6

Eastgate

1

$298

55

0

$0

0

Issaquah

0

$0

0

1

$370

3

Lakemont

5

$410

13

4

$457

6

Montreux

0

$0

0

1

$426

3

Newport Hills

2

$379

121

0

$0

0

Newport Shores

0

$0

0

1

$598

6

Sky Mountain

1

$492

16

0

$0

0

Somerset

1

$540

7

6

$559

7

The Summit

1

$314

284

0

$0

0

Summary

16

$401

68

15

$513

6

Average Price Per SQFT

2019

2018

103 Pending*

44

2018 Linear Price Trend *Line Breaks = No Sales Data

$550

Absorption Rate*

$513

$500

This Week...

$450

42%

$401

$400 $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 6/5/19. 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 22 of 52 Report 5/27 - 6/2/2019

* 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

Bellevue

1

$501

0

1

$722

6

Clyde Hill

1

$743

14

1

$840

43

Downtown

2

$667

18

0

$0

0

Enatai

1

$419

129

2

$657

4

Medina

1

$1,154

3

1

$823

3

Meydenbauer

0

$0

0

3

$725

5

West Bellevue

2

$561

16

1

$735

390

Summary

8

$659

27

9

$734

52

This Week... Active*

121 Pending*

35 Average Price Per SQFT

2019

2018

2018 Linear Price Trend *Line Breaks = No Sales Data

$1,000

Absorption Rate*

$900 $800

$720

28%

$700 $659

$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 6/5/19. 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 22 of 52 Report 5/27 - 6/2/2019

* 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

Beaver Lake

1

$347

4

0

$0

0

Issaquah

1

$310

78

0

$0

0

Issaquah Highlands

4

$360

70

2

$465

3

Issaquah/Sammamish

0

$0

0

3

$335

9

Klahanie

0

$0

0

1

$333

7

Plateau

0

$0

0

1

$383

6

Sammamish

3

$323

39

6

$358

18

Timberline

1

$376

8

2

$457

3

Trossachs

3

$324

43

0

$0

0

Vintage

0

$0

0

1

$365

0

Summary

13

$339

47

16

$380

10

Average Price Per SQFT

2019

2018

This Week...

153 Pending*

100

2018 Linear Price Trend *Line Breaks = No Sales Data

$600

Absorption Rate*

$550 $500

65%

$450 $400

$380

$350

$339

$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 6/5/19. 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 22 of 52 Report 5/27 - 6/2/2019

* 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

Bridle Trails

2

$378

112

3

$456

9

Downtown

0

$0

0

1

$876

26

East Of Market

3

$549

64

3

$546

4

Houghton

2

$507

4

3

$541

28

Juanita Point

1

$441

3

0

$0

0

Kirkland

1

$515

2

0

$0

0

North Rose Hill

0

$0

0

1

$437

7

Rose Hill

2

$410

35

1

$536

8

West Of Market

1

$580

28

0

$0

0

Summary

12

$481

44

12

$540

14

This Week... Active*

109 Pending*

67 Average Price Per SQFT

2019

2018

2018 Linear Price Trend *Line Breaks = No Sales Data

$750

Absorption Rate*

$700 $650 $600

$540

$550 $500

61%

$481

$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 6/5/19. 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: All of Kirkland and Bridle Trails. Data derived from NWMLS.


Redmond & Woodinville Single-Family* Closed Data

Week 22 of 52 Report 5/27 - 6/2/2019

* 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

Aspenwood

0

$0

0

1

$300

3

Bear Creek

1

$305

226

0

$0

0

Education Hill

2

$381

29

3

$422

9

English Hill

2

$374

41

0

$0

0

Hunters Glen

0

$0

0

1

$386

4

Kingsgate

0

$0

0

1

$353

0

Lake Of The Woods

1

$394

11

0

$0

0

Redmond

2

$407

8

0

$0

0

Redmond Ridge

1

$290

25

2

$377

8

Ring Hill

0

$0

0

1

$302

11

Trilogy

0

$0

0

1

$443

13

Union Hill

1

$411

7

0

$0

0

West Woodinville

0

$0

0

1

$417

6

Westchester Estates

1

$313

30

0

$0

0

Woodinville

0

$0

0

2

$327

30

Summary

11

$367

41

$375

11

Average Price Per SQFT

This Week...

13

2019

2018

Active*

131 Pending*

103

2018 Linear Price Trend *Line Breaks = No Sales Data

Absorption Rate*

$440 $420 $400 $380

78%

$375 $367

$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 6/5/19. 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 22 of 52 Report 5/27 - 6/2/2019

* 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

1

$593

103

1

$599

7

Central Area

0

$0

0

1

$493

3

Leschi

1

$603

8

0

$0

0

Madison Park

0

$0

0

1

$616

0

Madison Valley

1

$546

7

0

$0

0

Madrona

3

$436

31

2

$540

8

North Capitol Hill

1

$520

6

2

$650

20

Portage Bay

1

$568

5

0

$0

0

Washington Park

0

$0

0

2

$835

14

Summary

8

$517

28

9

$640

10

Average Price Per SQFT

2019

2018

This Week...

99 Pending*

45

2018 Linear Price Trend *Line Breaks = No Sales Data

Absorption Rate*

$775 $725 $675 $640

$625

45

$575 $525

$517

$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 6/5/19. 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 22 of 52 Report 5/27 - 6/2/2019

* 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

$582

18

4

$470

10

Queen Anne

3

$637

2

9

$524

62

Summary

6

$610

10

13

$507

46

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 $610

$875 $775

47%

$507

$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 6/5/19. 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 22 of 52 Report 5/27 - 6/2/2019

* 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

2

$426

21

1

$492

6

Broadview

0

$0

0

2

$386

6

Crown Hill

1

$423

12

1

$480

7

Green Lake

1

$531

7

7

$493

7

Loyal Heights

0

$0

0

1

$486

8

North Beach

1

$446

8

0

$0

0

Olympic Manor

1

$654

7

0

$0

0

Phinney Ridge

1

$569

97

1

$417

7

Seattle

1

$373

8

0

$0

0

Sunset Hill

2

$486

9

2

$537

19

Wallingford

0

$0

0

2

$414

9

Woodland Park

1

$467

3

0

$0

0

Summary

11

$481

18

17

$471

8

Average Price Per SQFT

2019

2018

This Week... Active*

67 Pending*

49

2018 Linear Price Trend *Line Breaks = No Sales Data

$650

Absorption Rate*

$600 $550 $500 $471

$450

73%

$481

$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 6/5/19. 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 22 of 52 Report 5/27 - 6/2/2019

* 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

Hawthorne Hills

1

$522

9

1

$482

6

Laurelhurst

1

$508

6

0

$0

0

Maple Leaf

0

$0

0

1

$549

7

Meadowbrook

0

$0

0

2

$498

7

Ravenna

0

$0

0

2

$392

7

Sand Point Country Club

1

$780

0

0

$0

0

View Ridge

1

$610

8

1

$498

8

Wedgwood

3

$410

9

2

$448

8

Summary

7

$540

7

9

$467

7

This Week... Active*

61 Pending*

22 Average Price Per SQFT

2019

2018

2018 Linear Price Trend *Line Breaks = No Sales Data

$650

Absorption Rate*

$600 $550

$540

36%

$500 $467

$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 6/5/19. 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 22 of 52 Report 5/27 - 6/2/2019

Condominiums

West Bellevue/Kirkland & Seattle


West Bellevue & Kirkland Condominiums* Closed Data

Week 22 of 52 Report 5/27 - 6/2/2019

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

2019

2018

Subdivision

Condos Sold

Price Per SQFT Average of CDOM Condos Sold

Price Per SQFT

Average of CDOM

Bellevue

1

$862

3

0

$0

0

Downtown

8

$753

6

3

$813

8

Houghton

1

$763

3

0

$0

0

Kirkland

0

$0

0

1

$630

0

Meydenbauer

0

$0

0

1

$695

2

Summary

10

$764

5

5

$753

5

This Week... Active*

40 Pending*

Average Price Per SQFT

2019

2018

2018 Linear Price Trend *Line Breaks = No Sales Data

21

$1,200 $1,100

Absorption Rate*

$1,000 $900 $800

$764

$700

52%

$753

$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 6/5/19. 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 22 of 52 Report 5/27 - 6/2/2019

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

2019

2018

Community

Condos Sold

Price Per SQFT

Average of CDOM Condos Sold

Price Per SQFT

Average of CDOM

Belltown

3

$870

41

0

$0

0

Capitol Hill

1

$953

4

3

$767

16

Denny Triangle

1

$1,058

62

0

$0

0

Downtown

2

$839

34

4

$1,102

5

Eastlake

0

$0

0

1

$1,013

49

First Hill

0

$0

0

2

$893

39

Pioneer Square

0

$0

0

1

$928

0

Queen Anne

1

$742

7

1

$691

13

Seattle

1

$741

48

0

$0

0

Summary

9

$865

35

12

$927

17

Average Price Per SQFT

2019

2018

This Week... Active*

141 Pending*

2018 Linear Price Trend *Line Breaks = No Sales Data

41

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

Absorption Rate*

$927

$900

29%

$865

$800 $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 6/5/19. 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 22 of 52 Report 5/27 - 6/2/2019

Waterfront

West Bellevue/Kirkland/Mercer Island/Seattle


Waterfront Single-Family* Closed Data

Week 22 of 52 Report 5/27 - 6/2/2019

* 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

Windermere

0

$0

0

1

$1,934

0

Summary

0

$0

0

1

$1,934

0

This Week... Active*

31 Pending*

Average Price Per SQFT

2019

2018

2018 Linear Price Trend *Line Breaks = No Sales Data

6

$6,000 $5,000

Absorption Rate*

$4,000 $3,000 $2,000

19%

$1,934

$1,000 $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 6/5/19. 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.


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