March 25th Seattle Area Housing Report

Page 1

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 25, 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 25, 2016 THIS WEEK IN West Seattle

ACTIVE LISTINGS and PENDING SALES

Area 140 5

$2M+ $1.5-2M $1.251.5M

1 5 0

Active Listings 5

82

0 4

$1-1.25M

1

$900999k

2 2

$800899k

8 1

$700799k

Pending Sales 4

40

1

$600699k

8 7

$500599k

12 3

$400499k

12

Percent Sold

10

$250399k

49%

14 13 3

$0-249k

1

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

0.9

1.2

1.2

1.2

$1.251.5M

$1.5-2M

$2M+

$900999k

$800899k

0.2

$700799k

$400499k

0.3

$600699k

0.3

$500599k

0.3

$250399k

$0-249k

0.7

0.9

$1-1.25M

1.9 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


THE MARKET TALKS

Renton Highlands

weekly real estate report

March 25, 2016 THIS WEEK IN Renton Highlands

ACTIVE LISTINGS and PENDING SALES

Area 350

4 0

$900999k

5 1 1 0

Pending Sales

$700799k

11

$600699k

9 2 6 1

$400499k

13

$250399k 4 2

 Pending Sales

1.0

1.3

 Seller's Market

1.2

0.9

0.2

0.5

0.2

0.2

$2M+

1.4

 Balanced Market

0.4

$400499k

$250399k

0.9

 Buyer's Market

$1.5-2M

MONTHS OF INVENTORY

$1.251.5M

 Active Listings

$0249k

27%

20 5

$0-249k

0.5

Percent Sold

8

$11.25M

$500599k

21

2

$900999k

$800899k

77

0

$800899k

$1-1.25M

Active Listings 2

$700799k

$1.251.5M

1 0

$600699k

$1.5-2M

1 0

$500599k

$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

South Seattle

weekly real estate report

March 25, 2016 THIS WEEK IN South Seattle

ACTIVE LISTINGS and PENDING SALES

Area 380/385

$900999k $800899k

85

0 5 0 2 0 1 1

$700799k

Pending Sales 3 3

$600699k

36

9 7

$500599k

14 8

$400499k

24

Percent Sold

5

$250399k

42%

14 9 3 3

$0-249k

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

1.2 0.3

0.2

0.2

0.5

$600699k

$700799k

$800899k

$900999k

$400499k

$250399k

$0-249k

0.2

0.4

$500599k

1.1 0.4

0.7

0.9

0.7

$2M+

$1-1.25M

Active Listings 3

$1.5-2M

$1.251.5M

4 0

$1.251.5M

$1.5-2M

3 0

$1-1.25M

$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

Central Seattle

weekly real estate report

March 25, 2016 THIS WEEK IN Central Seattle

ACTIVE LISTINGS and PENDING SALES

Area 390 15

$2M+

10 0

Active Listings

$1.251.5M

4

4

$1-1.25M

2

$900999k

11 2

$800899k

8 3

$700799k

Pending Sales 15

16

4

$600699k

1

$500599k

1

8

5

$400499k

0

$250399k

0

3

Percent Sold

19%

2

0 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 2.3 1.7 0.9

$1.251.5M

$1-1.25M

0.5

$900999k

0.6

$800899k

1.3

0.9

$700799k

$600699k

0.7

1.2

$500599k

0.5

$400499k

$0-249k

0.0

$250399k

1.9

© 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+

$0-249k

85

1

$1.5-2M

$1.5-2M

2


THE MARKET TALKS

East Side South

weekly real estate report

March 25, 2016 THIS WEEK IN East Side South

ACTIVE LISTINGS and PENDING SALES

Area 500 7

$2M+

1 7

$1.5-2M

Active Listings 5

10

$1-1.25M

3

$900999k

2

$800899k

2

6

11

$700799k

Pending Sales 17

6 4

$500599k

4 5

$400499k

1

Percent Sold

3

32%

2 0 0 0

 Pending Sales

0.2

0.3

$600699k

$700799k

0.1

$500599k

0.5

$250399k

$0-249k

0.0

$400499k

1.3

 Seller's Market

1.3 0.7

0.8

1.2

1.6

1.6

$2M+

 Balanced Market

$1.5-2M

 Buyer's Market

$1.251.5M

MONTHS OF INVENTORY

$1-1.25M

 Active Listings

$900999k

$0-249k

24

3

$600699k

$250399k

76

0

$800899k

$1.251.5M

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


THE MARKET TALKS

Mercer Island

weekly real estate report

March 25, 2016 THIS WEEK IN Mercer Island

ACTIVE LISTINGS and PENDING SALES

Area 510 20

$2M+

2 5

$1.5-2M

2

$1.251.5M

Active Listings 3 3

31

2

$1-1.25M

4

$900999k

0

$800899k

0

1

$700799k $600699k

0 0

$500599k

0 0

$400499k

0 0

$250399k

0 0

$0-249k

0 0

1

Pending Sales

1 1

14 Percent Sold

45%

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

0.0

0.0

0.2

0.0

0.0

0.1

0.2

$500599k

$600699k

$700799k

$800899k

$900999k

$1-1.25M

$1.251.5M

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

$2M+

0.0

$1.5-2M

0.0

$400499k

$0-249k

0.0

$250399k

2.3


THE MARKET TALKS

West Bellevue

weekly real estate report

March 25, 2016 THIS WEEK IN West Bellevue

ACTIVE LISTINGS and PENDING SALES

Area 520 61

$2M+ $1.5-2M

5 9 1

$1.251.5M $1-1.25M

Active Listings 3 3

83

3 1

$900999k

1

$800899k

1

$700799k

1 0

$600699k

1 0

$500599k

0 1

$400499k

0 0

$250399k

0 0

$0-249k

0 0

3

2

Pending Sales

13 Percent Sold

16%

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 2.8

$600699k

$700799k

$800899k

$900999k

$1-1.25M

© 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

0.2

$1.5-2M

0.5

$1.251.5M

0.0

0.2

0.7

0.0

0.2

0.7

0.0

$400499k

$0-249k

0.0

$250399k

2.1


THE MARKET TALKS

East Bellevue

weekly real estate report

March 25, 2016 THIS WEEK IN East Bellevue

ACTIVE LISTINGS and PENDING SALES

Area 530 $2M+

8 0 8

$1.5-2M $1.251.5M $1-1.25M

2

Active Listings

2

38

0 1 0

$900999k

2 2

$800899k

4 1

$700799k

Pending Sales 2

$600699k

8 4

$500599k $400499k

2 6 0 0

Percent Sold

$250399k $0-249k

22

6

58%

1 1 0 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

0.5

$1.251.5M

© 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+

0.2

0.9

$1.5-2M

0.2

$1-1.25M

0.1

$900999k

$500599k

0.5

$800899k

0.1

$700799k

0.0

$600699k

0.2

$400499k

$0-249k

0.0

$250399k

1.9 0.9


THE MARKET TALKS

East Lake Sammamish

weekly real estate report

March 25, 2016 THIS WEEK IN East Lake Sammamish

ACTIVE LISTINGS and PENDING SALES

Area 540 8

$2M+ $1.5-2M $1.251.5M

2 9 0

Active Listings 13

32

$1-1.25M $900999k

5 9 1

$800899k

21 6

$700799k

Pending Sales 14

54

2

$600699k

13 13

$500599k

7 8

$400499k

9 9

$250399k $0-249k

147

0

Percent Sold

37%

10 7 2 1

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 3.0 2.1

1.6

$1.5-2M

$600699k

$1.251.5M

$500599k

$1-1.25M

$400499k

$900999k

0.2

$800899k

0.2

$700799k

0.2

© 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

0.8

0.3

$250399k

$0-249k

0.5

2.1 1.5


THE MARKET TALKS

Redmond-Carnation

weekly real estate report

March 25, 2016 THIS WEEK IN Redmond-Carnation

ACTIVE LISTINGS and PENDING SALES

Area 550 $2M+

1 0 7

$1.5-2M $1.251.5M $1-1.25M

1

Active Listings 10

7 0

$900999k $800899k

11 3 5 0

Pending Sales

$700799k

4

20

3

$600699k

9 8

$500599k $400499k

74

0

8 3 6

Percent Sold

0

$250399k

27%

5 1 1 1

$0-249k

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 2.3 1.6

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+

$1.5-2M

$1.251.5M

$1-1.25M

0.2

$900999k

0.3

$800899k

0.3

$700799k

$400499k

$250399k

$500599k

0.6

0.2

$0-249k

1.2

$600699k

1.2

1.4


THE MARKET TALKS

Kirkland-Bridle Trails

weekly real estate report

March 25, 2016 THIS WEEK IN Kirkland-Bridle Trails

ACTIVE LISTINGS and PENDING SALES

Area 560

12 0

Active Listings

$1.251.5M

11

14

$1-1.25M $900999k

1 6 0

$800899k

6 2

$700799k

2

$600699k

2 2

$500599k

2

$400499k

2 2

$250399k $0-249k

75

2

Pending Sales 4

16 5

Percent Sold

21%

1 0 0 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 3.5

3.3

$500599k

$600699k

$700799k

$1.251.5M

0.2

1.3

$1-1.25M

0.1

$900999k

0.2

$800899k

0.2

$400499k

$0-249k

0.0

0.5

$250399k

1.4 0.7

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

$2M+

$1.5-2M

15 0

$1.5-2M

$2M+


THE MARKET TALKS

Juanita-Woodinville

weekly real estate report

March 25, 2016 THIS WEEK IN Juanita-Woodinville

ACTIVE LISTINGS and PENDING SALES

Area 600 12

$2M+ $1.5-2M

1 5 0

Active Listings

$1.251.5M

7

18

$1-1.25M

2

$900999k $800899k

12 4 20 1

Pending Sales

$700799k

20

47

4

$600699k

15 5

$500599k

17 12

$400499k

15

Percent Sold

6

$250399k $0-249k

154

2

31%

11 9 2 1

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market 4.7

 Seller's Market 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

$2M+

$1-1.25M

$900999k

1.2

$1.5-2M

0.8

0.7

$1.251.5M

1.2

$800899k

$500599k

0.7

$700799k

0.3

$600699k

0.3

0.6

$400499k

$0-249k

0.5

$250399k

2.1


THE MARKET TALKS

Queen Anne-Magnolia

weekly real estate report

March 25, 2016 THIS WEEK IN Queen Anne-Magnolia

ACTIVE LISTINGS and PENDING SALES

Area 700 $2M+

11 0 13

$1.5-2M $1.251.5M $1-1.25M

1

10 0 5 2 2 0

Pending Sales

$700799k

2

14

3

$600699k

4 2

$500599k

1 5

$400499k

0

$250399k

0 0

$0-249k

55

0

$900999k $800899k

Active Listings 6

Percent Sold

1

25%

1 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 3.0 2.3

2.6

© 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+

$1.5-2M

$1.251.5M

0.5

$1-1.25M

0.2

$900999k

$500599k

0.5

$800899k

0.0

$700799k

0.0

$600699k

0.0

$400499k

$0-249k

0.2

$250399k

1.4 0.6


THE MARKET TALKS

Ballard-Greenlake

weekly real estate report

March 25, 2016 THIS WEEK IN Ballard-Greenlake

ACTIVE LISTINGS and PENDING SALES

Area 705 $2M+ $1.5-2M $1.251.5M

3 0 6 0

Active Listings 1

86

0 3

$1-1.25M

2

$900999k

7 2

$800899k

6 3

Pending Sales

$700799k

17

$600699k

20 7

$500599k

13 13

$400499k

7

Percent Sold

9

$250399k $0-249k

45

7

52%

3 2 0 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

$1.251.5M

0.7

© 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+

0.2

$1.5-2M

0.3

$1-1.25M

0.8

$900999k

$500599k

0.5

$800899k

0.2

$700799k

0.2

0.6

$600699k

0.3

$400499k

$0-249k

0.0

$250399k

1.4 0.7


THE MARKET TALKS

North Seattle

weekly real estate report

March 25, 2016 THIS WEEK IN North Seattle

ACTIVE LISTINGS and PENDING SALES

Area 710 $2M+

4 0 8

$1.5-2M

1

Active Listings

$1.251.5M

5

4

$1-1.25M $900999k

1 2 0

$800899k

8 4

$700799k

Pending Sales 7

39

4

$600699k

5 4

$500599k

5 6

$400499k

4

Percent Sold

10

$250399k $0-249k

54

3

72%

1 6 1 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

0.4

0.5

0.5

$500599k

$600699k

$700799k

$800899k

$900999k

0.9 0.4

© 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

$1.5-2M

0.2

$1.251.5M

0.1

$1-1.25M

0.0

$400499k

$0-249k

0.2

$250399k

1.9 0.9


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


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