WAIT THERE’S MORE!
HOMES & STATS ONLINE
While having an historical perspective like this annual review is valuable, you may be looking for real-time information on today’s real estate market. If so, your search is over! We publish weekly reports to TheMarketTalks.com providing a summary analysis of what’s happening in 16 different micro-markets, including Mercer Island. Interested in what’s happening with waterfront properties? We are too! That’s why we analyze waterfront sales each month and post results at TheWaterfrontReport.com. Easily compare neighborhoods on LiveOnGuides.com with local info including maps, links and school data. You can search for every property listed for sale–by any real estate company–on WindermereMercerIsland.com.
MAR 18, 2016 - THE MARKET TALKS
greater seattle-eastside
WINDERMERE
MERCER ISLAND
In everything we do we put our clients first. We enable them to make sound real estat decisions through professional representation, expert advice, and deep neighbor community knowledge. Our clients enjoy a friendly, personalized exper guide them through their real estate transaction to achieve their hopes, dreams and goals Centrally located on Mercer Island, our team of talented Realtors® serves S and greater Eastside. Our neighborhood and community engagement goes be avid supporters of Island and regional organizations and events—we are active neighbors and volunteers who enjoy making a difference in our world.
Data prepared and analyzed by Windermere Real Estate/Mercer Island from NWMLS provided data. For questions or comments, email Julie Barrow
THEMARKETTALKS.COM
206.232.0446 | windermeremercerisland.com
THE MARKET TALKS
West Seattle
weekly real estate report
March 18, 2016 THIS WEEK IN West Seattle
ACTIVE LISTINGS and PENDING SALES
Area 140 7 0 4
$1.5-2M $1.251.5M $1-1.25M
1
Active Listings 5
85
0 4 0
$900999k
0
$800899k
0
4
7
Pending Sales
$700799k
3
35
1
$600699k
11 3
$500599k
7 4
$400499k
13
Percent Sold
9
$250399k $0-249k
41%
17 17 3 0
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market
0.9
1.2
0.9
$1-1.25M
$1.251.5M
$1.5-2M
1.6
0.9
$900999k
$500599k
0.7
$800899k
0.4
$700799k
0.3
$600699k
0.2
$400499k
$0-249k
0.7
$250399k
1.6 0.9
© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.
themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside
$2M+
$2M+
THE MARKET TALKS
Renton Highlands
weekly real estate report
March 18, 2016 THIS WEEK IN Renton Highlands
ACTIVE LISTINGS and PENDING SALES
Area 350 $2M+ $1.5-2M $1.251.5M $1-1.25M $900999k
1 0 1 0
Active Listings 2
4 0 5 0
$800899k $700799k
81
0
2 2
Pending Sales 12
$600699k
10 7
$500599k
5 2
$400499k
16
Percent Sold
3
$250399k $0-249k
22
0
27%
17 8 6 0
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market
0.5
0.2
0.2
$2M+
$11.25M
$800899k
$600699k
0.9
0.2
$700799k
0.3
$500599k
$400499k
$250399k
$0249k
1.2
0.6
$1.5-2M
1.2 0.5
$900999k
1.4
$1.251.5M
2.8
© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.
themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside
THE MARKET TALKS
South Seattle
weekly real estate report
March 18, 2016 THIS WEEK IN South Seattle
ACTIVE LISTINGS and PENDING SALES
Area 380/385 $2M+
3 0 2
$1.5-2M $1.251.5M
1
88
0 5
$1-1.25M
2
$900999k $800899k
Active Listings 3
2 2 2 0
Pending Sales
$700799k
4
$600699k
10 2
$500599k
14 1
$400499k
17
Percent Sold
4
$250399k $0-249k
22
2
25%
19 8 7 0
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market
3.3 1.6
$900999k
0.7
0.5
0.7
$2M+
$800899k
0.6
$1.5-2M
0.2
$1.251.5M
0.5
$1-1.25M
0.5
$700799k
$500599k
$600699k
1.2
1.0
$400499k
$250399k
$0-249k
0.6
© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.
themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside
THE MARKET TALKS
Central Seattle
weekly real estate report
March 18, 2016 THIS WEEK IN Central Seattle
ACTIVE LISTINGS and PENDING SALES
Area 390 17
$2M+
3 5
$1.5-2M
2
Active Listings
$1.251.5M
6
3
$1-1.25M $900999k
2 10 0
$800899k
7 2
Pending Sales
$700799k
18
23
5
$600699k
1
$500599k
1
$400499k
1 1
$250399k
1
$0-249k
81
4
7
6
Percent Sold
28%
2 0 0
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market 2.3 0.6
$1.5-2M
© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.
themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside
$2M+
0.3
$1.251.5M
$800899k
1.3 0.3
$1-1.25M
0.8
$900999k
0.8
$700799k
1.6
$600699k
0.2
$500599k
0.1
$400499k
$0-249k
0.0
$250399k
1.4
THE MARKET TALKS
East Side South
weekly real estate report
March 18, 2016 THIS WEEK IN East Side South
ACTIVE LISTINGS and PENDING SALES
Area 500 9 0 7
$1.5-2M
3
$1.251.5M
Active Listings 5
14
$1-1.25M
2
$900999k
7 1
$800899k
11 3
$700799k
Pending Sales 11
6 2
$500599k
5 5
$400499k
$0-249k
20
1
$600699k
$250399k
81
1
4 2
Percent Sold
2
25%
0 0 0
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market
2.6
2.1 1.2
$1.5-2M
$1.251.5M
$1-1.25M
0.5
$900999k
$800899k
$500599k
1.6
0.9
0.7
$700799k
0.2
$600699k
0.5
$400499k
$0-249k
0.0
0.5
$250399k
1.6
© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.
themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside
$2M+
$2M+
THE MARKET TALKS
Mercer Island
weekly real estate report
March 18, 2016 THIS WEEK IN Mercer Island
ACTIVE LISTINGS and PENDING SALES
Area 510
Active Listings 4
5
$1-1.25M
4
$900999k
0 0
$800899k
0
1
Pending Sales
0 0
$500599k
0 0
$400499k
0 0
$250399k
0 0
$0-249k
0 0
4 Percent Sold
11% Pending Sales
0.0
0.0
0.0
0.0
$400499k
$500599k
$600699k
$0-249k
Buyer's Market
$250399k
MONTHS OF INVENTORY
Balanced Market
Seller's Market
0.5
0.2
0.0
0.3
$1-1.25M
Active Listings
4.9
0.9
1.2
© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.
themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside
$2M+
$600699k
$1.5-2M
0
2
$1.251.5M
$700799k
0.0
38
0
$900999k
$1.251.5M
5 0
$800899k
$1.5-2M
21 0
$700799k
$2M+
THE MARKET TALKS
West Bellevue
weekly real estate report
March 18, 2016 THIS WEEK IN West Bellevue
ACTIVE LISTINGS and PENDING SALES
Area 520 64
$2M+ $1.5-2M $1.251.5M $1-1.25M
3 8 1
Active Listings 4
84
1 2 0
$900999k
1
$800899k
0
Pending Sales
$700799k
0 0
$600699k
0 1
7
$500599k
1 0
$400499k
0 0
$250399k
0 0
$0-249k
0 0
3
2
Percent Sold
8%
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market
5.0
$600699k
$700799k
0.7
0.5
© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.
themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside
$2M+
$500599k
0.5
$1.5-2M
0.0
$1.251.5M
0.0
$1-1.25M
0.2
$900999k
0.0
$800899k
0.0
$400499k
$0-249k
0.0
$250399k
1.9 0.9
THE MARKET TALKS
East Bellevue
weekly real estate report
March 18, 2016 THIS WEEK IN East Bellevue
ACTIVE LISTINGS and PENDING SALES
Area 530 6 0 10
$1.5-2M $1.251.5M
Active Listings
2
47
1 1 0
$900999k
4 6
$800899k
5 1
Pending Sales
$700799k
6
$600699k
5 6
$500599k $400499k $250399k $0-249k
24
3
6 4 0
Percent Sold
1
51%
2 0 0 0
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market
0.2
0.5
$1.251.5M
$700799k
0.2
$1-1.25M
0.5
$900999k
0.2
$800899k
0.3
$600699k
0.0
$400499k
0.5
$250399k
$0-249k
0.0
$500599k
1.2
1.2
1.4
$2M+
$1-1.25M
2
$1.5-2M
$2M+
© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.
themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside
THE MARKET TALKS
East Lake Sammamish
weekly real estate report
March 18, 2016 THIS WEEK IN East Lake Sammamish
ACTIVE LISTINGS and PENDING SALES
Area 540
9 1
$1.251.5M
Active Listings 14
31
$1-1.25M
6
$900999k
3
$800899k
3
10
19
Pending Sales
$700799k
15
20 4
$500599k
12 9
$400499k
11
Percent Sold
7
$250399k
29%
12 2 2 1
Pending Sales
0.3
$500599k
0.8
0.4
1.6
2.1
2.1
$2M+
0.4
1.2
$1.5-2M
1.5
1.2
$400499k
$250399k
0.5
Seller's Market
$1.251.5M
1.4
Balanced Market
$1-1.25M
Buyer's Market
$900999k
MONTHS OF INVENTORY
$800899k
Active Listings
$0-249k
47
8
$600699k
$0-249k
164
2
$700799k
$1.5-2M
9 1
$600699k
$2M+
© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.
themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside
THE MARKET TALKS
Redmond-Carnation
weekly real estate report
March 18, 2016 THIS WEEK IN Redmond-Carnation
ACTIVE LISTINGS and PENDING SALES
Area 550 1 0 8
$1.5-2M
Active Listings 9
6
$1-1.25M
1
$900999k
12 4
$800899k
5 3
$700799k
19
2 12 2
$500599k
9 4
$400499k
$0-249k
Pending Sales 5
$600699k
$250399k
74
0
1
Percent Sold
2
26%
5 0 1 0
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market
2.1 1.4
1.9
0.7
$1.251.5M
0.2
$1-1.25M
0.4
$900999k
0.6
$800899k
$600699k
0.5
$500599k
$400499k
0.1
$250399k
$0-249k
0.2
1.4
$700799k
1.2
© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.
themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside
$2M+
$1.251.5M
1
$1.5-2M
$2M+
THE MARKET TALKS
Kirkland-Bridle Trails
weekly real estate report
March 18, 2016 THIS WEEK IN Kirkland-Bridle Trails
ACTIVE LISTINGS and PENDING SALES
Area 560 14
$2M+
3 13
$1.5-2M
1
$1.251.5M
Active Listings 10
11
$1-1.25M
4
$900999k $800899k
5 3 7 0
Pending Sales
$700799k $600699k
72
3
4
22
1 0 3
$500599k
5 4
$400499k
0
Percent Sold
$250399k
0 0
31%
$0-249k
0 0
3
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market 3.0
1.6 0.8
$1-1.25M
$1.251.5M
1.1
© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.
themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside
$2M+
0.6
$1.5-2M
0.4
$900999k
$800899k
$700799k
0.0
$600699k
$400499k
0.0
$250399k
$0-249k
0.0
0.3
$500599k
0.7
0.9
THE MARKET TALKS
Juanita-Woodinville
weekly real estate report
March 18, 2016 THIS WEEK IN Juanita-Woodinville
ACTIVE LISTINGS and PENDING SALES
Area 600 $2M+ $1.5-2M $1.251.5M
13 0 4 0
Active Listings 6
19
$1-1.25M
2
$900999k
13 3
$800899k
15 6
$700799k
Pending Sales 19
39
3
$600699k
18 4
$500599k
25 13
$400499k
12
Percent Sold
6
$250399k $0-249k
162
0
24%
15 2 3 0
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market 3.0 2.2
© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.
themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside
$2M+
0.9
$1.5-2M
$1.251.5M
1.4
1.0
$1-1.25M
0.6
$900999k
1.5
$800899k
$600699k
0.4
$500599k
$250399k
$0-249k
0.5
$400499k
1.0
0.7
$700799k
1.7
THE MARKET TALKS
Queen Anne-Magnolia
weekly real estate report
March 18, 2016 THIS WEEK IN Queen Anne-Magnolia
ACTIVE LISTINGS and PENDING SALES
Area 700 9
$2M+
3 13
$1.5-2M
1
$1.251.5M
Active Listings 3
8
$1-1.25M $900999k
4 5 0
$800899k
2 2
Pending Sales
$700799k
4
20
5
$600699k
5 3
$500599k
5 1
$400499k
0
$250399k
0
$0-249k
56
1
1
Percent Sold
36%
1
0 0
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market 3.0
© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.
themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside
$2M+
0.7
$1.5-2M
0.7
$1.251.5M
$800899k
0.5
$1-1.25M
0.2
$900999k
0.2
$700799k
1.2 0.4
$600699k
0.2
$500599k
0.2
$400499k
$0-249k
0.0
$250399k
1.2
THE MARKET TALKS
Ballard-Greenlake
weekly real estate report
March 18, 2016 THIS WEEK IN Ballard-Greenlake
ACTIVE LISTINGS and PENDING SALES
Area 705 3
$2M+ $1.5-2M
1 4 0
Active Listings
$1.251.5M
1
95
2 5 5
$1-1.25M $900999k
7 1
$800899k
6 3
Pending Sales
$700799k
21
$600699k
9
$500599k
9
17
20
$400499k
8
Percent Sold
10
$250399k $0-249k
54
10
57%
3 3 0 1
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market
$700799k
$800899k
0.1
0.9
0.7
$2M+
$600699k
0.2
$1.5-2M
0.5
$1.251.5M
0.5
$1-1.25M
0.4
$900999k
0.5
$500599k
0.2
$400499k
$0-249k
0.0
0.2
$250399k
1.6
© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.
themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside
THE MARKET TALKS
North Seattle
weekly real estate report
March 18, 2016 THIS WEEK IN North Seattle
ACTIVE LISTINGS and PENDING SALES
Area 710 5
$2M+
1 4
$1.5-2M
1
$1.251.5M $1-1.25M
Active Listings 7
0 1
$900999k
1 2
$800899k
10 3
$700799k
Pending Sales 7
27
4
$600699k
7 2
$500599k
5 6
$400499k
9
Percent Sold
4
$250399k $0-249k
62
1
44%
7 2 0 0
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market
$1-1.25M
0.9
1.2
$2M+
0.0
$1.251.5M
0.1
$900999k
0.8
$800899k
$600699k
0.2
0.4
$700799k
0.8
$500599k
$250399k
$0-249k
0.0
0.5
$400499k
0.8
$1.5-2M
1.6
© Copyright 2011-2016, Windermere Real Estate/Mercer Island. Statistics provided by the Northwest Multiple Listing service and deemed accurate but not guaranteed.
themarkettalks.com │ Residential and condominium data for Greater Seattle and the Eastside
WAIT THERE’S MORE!
HOMES & STATS ONLINE
While having an historical perspective like this annual review is valuable, you may be looking for real-time information on today’s real estate market. If so, your search is over! We publish weekly reports to TheMarketTalks.com providing a summary analysis of what’s happening in 16 different micro-markets, including Mercer Island. Interested in what’s happening with waterfront properties? We are too! That’s why we analyze waterfront sales each month and post results at TheWaterfrontReport.com. Easily compare neighborhoods on LiveOnGuides.com with local info including maps, links and school data. You can search for every property listed for sale–by any real estate company–on WindermereMercerIsland.com.
WINDERMERE
MERCER ISLAND
In everything we do we put our clients first. We enable them to make sound real estate decisions through professional representation, expert advice, and deep neighborhood and community knowledge. Our clients enjoy a friendly, personalized experience as we competently guide them through their real estate transaction to achieve their hopes, dreams and goals. Centrally located on Mercer Island, our team of talented Realtors® serves Seattle, Mercer Island, and greater Eastside. Our neighborhood and community engagement goes beyond being avid supporters of Island and regional organizations and events—we are active neighbors and volunteers who enjoy making a difference in our world.
Data prepared and analyzed by Windermere Real Estate/Mercer Island from NWMLS provided data. For questions or comments, email Julie Barrows at julie@windermere.com. ©2011-2016 Windermere Real Estate/Mercer Island