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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.
MARCH 2016 - THE MARKET TALKS
greater seattle-eastside
WINDERMERE
MERCER ISLAND
In everything we do we put our clients first. We enable them to mak decisions through professional representation, expert advice, and deep neighbor community knowledge. Our clients enjoy a friendly, personaliz guide them through their real estate transaction to achieve their hopes Centrally located on Mercer Island, our team of talented Realtors® ser and greater Eastside. Our neighborhood and communit avid supporters of Island and regional organizations and events— 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 c
THEMARKETTALKS.COM
206.232.0446 | windermeremercerisland.com
THE MARKET TALKS
West Seattle
monthly real estate report
March 2016
$515,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$573,000
1 Yr Low 3 Mo Avg
$518,667
3 Mo Avg
Mar 2016
$515,000
Mar 2016
$200,000
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
$800,000
$308
Mar 2016 $300
$400
101%
102%
103%
104%
105%
3.98%
4.10%
3.90%
100
150
250
23 35 17 25 23
10
20
30
40
3.69%
3.91%
3.94%
3.89%
3.96% 3.87%
3.80%
3.67%
3.80%
200
4.05%
3.84%
3.77%
50
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
165
Mar 2016
104% 100%
133
3 Mo Avg
102%
99%
85
1 Yr Low
101%
Mar 2016
200
1 Yr High
104%
3 Mo Avg
150
165
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
100
201
0
104%
LIST PRICE TO SALE PRICE RATIO
50
Mar 2016
$308 $200
0
3 Mo Avg
$301
$100
79
1 Yr Low
$257
$0
83
1 Yr High
$313
3 Mo Avg
68
NUMBER OF PENDING SALES
1 Yr High 1 Yr Low
154
1 Yr Low
$434,000
$0
79
NUMBER OF HOMES FOR SALE
3.66%
3.69%
Feb-16
Mar-16
3.70% 3.60% 3.50% 3.40%
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
© 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
monthly real estate report
March 2016
$485,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$485,000
1 Yr Low 3 Mo Avg
$453,333
Mar 2016
$485,000 $200,000
$400,000
AVERAGE COST PER SQUARE FOOT
$219
Mar 2016 $200
$210
1 Yr High
$220
$230
100%
101%
3.98%
100
41 70
27 60
102%
41
0
20
40
60
80
3.69%
3.91%
3.94%
3.89%
3.96% 3.87%
3.80%
3.67%
3.80%
150
4.05%
3.84%
3.77%
50
Mar 2016
AVERAGE 30-YEAR FIXED INTEREST RATE
3.90%
102
3 Mo Avg
101%
4.10%
82
1 Yr High
101%
4.00%
45
1 Yr Low
Mar 2016
102
AVERAGE DAYS ON MARKET
99%
200
126
0
101%
3 Mo Avg
150
Mar 2016
101%
LIST PRICE TO SALE PRICE RATIO
100
3 Mo Avg
$219
99%
50
1 Yr High
$217
98%
71
1 Yr Low
3 Mo Avg
1 Yr Low
Mar 2016
NUMBER OF PENDING SALES
$196
$190
71
0
$220
$180
62
3 Mo Avg
$600,000
1 Yr High 1 Yr Low
172
1 Yr Low
$375,000
$0
71
NUMBER OF HOMES FOR SALE
3.66%
3.69%
Feb-16
Mar-16
3.70% 3.60% 3.50% 3.40%
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
© 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
monthly real estate report
March 2016
$510,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$510,000
1 Yr Low 3 Mo Avg
$504,000
3 Mo Avg
Mar 2016
$510,000
Mar 2016
$200,000
$400,000
$600,000
3 Mo Avg Mar 2016 $260
$280
Mar 2016 102%
104%
106%
108%
3.98%
3.90%
25
19 32 25
10
20
40
3.69%
3.91%
3.94%
3.89%
3.96% 3.87%
3.80%
3.67%
3.80%
30
4.05%
3.84%
3.77%
150
37
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
100
Mar 2016
106%
4.00%
50
3 Mo Avg
103%
100%
127
1 Yr Low
3 Mo Avg
98%
88
1 Yr High
100%
96%
47
AVERAGE DAYS ON MARKET 106%
1 Yr Low
127 132
0
106%
1 Yr High
150
Mar 2016
$276 $240
100
3 Mo Avg
$264
LIST PRICE TO SALE PRICE RATIO
50
1 Yr Low
$238
$220
89
1 Yr High
$276
$200
81
NUMBER OF PENDING SALES
1 Yr High 1 Yr Low
62
0
$276
AVERAGE COST PER SQUARE FOOT
123
1 Yr Low
$414,000
$0
89
NUMBER OF HOMES FOR SALE
3.66%
3.69%
Feb-16
Mar-16
3.70% 3.60% 3.50% 3.40%
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
© 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
monthly real estate report MEDIAN SALE PRICE
March 2016
$791,000
1 Yr High
1 Yr High
$791,000
1 Yr Low
Mar 2016
$550,000$600,000$650,000$700,000$750,000$800,000$850,000
$400
$500
1 Yr High
102%
104%
3.98%
4.10%
3.90%
26
20
40
80
3.69%
3.91%
3.94%
3.89%
3.96% 3.87%
3.80%
3.67%
3.80%
60
4.05%
3.84%
3.77%
44
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
18
Mar 2016
103% 100%
150
26
3 Mo Avg
101%
Mar 2016
100
66
1 Yr Low
3 Mo Avg
98%
50
1 Yr High
99%
96%
99
AVERAGE DAYS ON MARKET 103%
1 Yr Low
77
0
103%
LIST PRICE TO SALE PRICE RATIO
43
Mar 2016
$452 $300
99
3 Mo Avg
$422
$200
150
110
1 Yr Low
$370
$100
100
1 Yr High
$452
$0
50
NUMBER OF PENDING SALES
1 Yr High
Mar 2016
82 0
$452
3 Mo Avg
75
Mar 2016
$791,000
1 Yr Low
48
3 Mo Avg
$760,667
AVERAGE COST PER SQUARE FOOT
128
1 Yr Low
$660,000
3 Mo Avg
82
NUMBER OF HOMES FOR SALE
3.66%
3.69%
Feb-16
Mar-16
3.70% 3.60% 3.50% 3.40%
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
© 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 Side South
monthly real estate report
March 2016
$737,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$752,000
1 Yr Low
Mar 2016
$550,000 $600,000 $650,000 $700,000 $750,000 $800,000
$200
$300
1 Yr High
$400
Mar 2016
102%
3.98%
3.90%
38 27
20
40
3.69%
3.91%
3.94%
3.89%
3.96% 3.87%
3.80%
3.67%
3.80%
60
4.05%
3.84%
3.77%
17
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
49
Mar 2016 104%
150
27
3 Mo Avg 102%
100%
100
1 Yr High
101%
4.00%
50
1 Yr Low
3 Mo Avg
98%
105
AVERAGE DAYS ON MARKET
98%
96%
85
0
102%
1 Yr Low
57
Mar 2016
102%
LIST PRICE TO SALE PRICE RATIO
200
105
3 Mo Avg
$290 $100
150
141
1 Yr Low
$273
$0
100
1 Yr High
$260
Mar 2016
50
NUMBER OF PENDING SALES $318
3 Mo Avg
82 0
$290
1 Yr Low
71
Mar 2016
$737,000
1 Yr High
64
3 Mo Avg
$722,000
AVERAGE COST PER SQUARE FOOT
155
1 Yr Low
$649,000
3 Mo Avg
82
NUMBER OF HOMES FOR SALE
3.66%
3.69%
Feb-16
Mar-16
3.70% 3.60% 3.50% 3.40%
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
© 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
monthly real estate report
March 2016
$1,600,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$1,958,000
1 Yr Low 3 Mo Avg
$1,568,667
3 Mo Avg
Mar 2016
$1,600,000
Mar 2016
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$441
AVERAGE COST PER SQUARE FOOT 1 Yr High
$200
$400
$800
98% 101% 94%
96%
98%
100%
3.98%
4.10%
3.90%
10
20
30
81 31 54
Mar 2016
54
102%
50
54
0
50
100
3.69%
3.91%
3.94%
3.89%
3.96% 3.87%
3.80%
3.67%
3.80%
40
4.05%
3.84%
3.77%
33
3 Mo Avg
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
33
21
1 Yr Low
Mar 2016
80
1 Yr High
95%
92%
60
9
AVERAGE DAYS ON MARKET 101%
3 Mo Avg
40
46
0
101%
1 Yr High 1 Yr Low
20
Mar 2016 $600
LIST PRICE TO SALE PRICE RATIO
0
3 Mo Avg
$441 $0
35
1 Yr Low $527
Mar 2016
29
1 Yr High
$407
3 Mo Avg
25
NUMBER OF PENDING SALES $678
1 Yr Low
66
1 Yr Low
$1,062,000
$0
35
NUMBER OF HOMES FOR SALE
3.66%
3.69%
Feb-16
Mar-16
3.70% 3.60% 3.50% 3.40%
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
© 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
West Bellevue
monthly real estate report
March 2016
$1,795,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$1,929,000
1 Yr Low
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$535
AVERAGE COST PER SQUARE FOOT
$400
LIST PRICE TO SALE PRICE RATIO
$600
$800
Mar 2016 96%
97%
98%
3.98%
4.10%
3.90%
99%
69 83
26 66
100%
69
0
50
100
3.69%
3.91%
3.94%
3.89%
3.96% 3.87%
3.80%
3.67%
3.80%
60
4.05%
3.84%
3.77%
40
Mar 2016
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
20
3 Mo Avg 99%
95%
42
1 Yr Low 98%
94%
30
1 Yr High
96%
3 Mo Avg
23
AVERAGE DAYS ON MARKET 99%
1 Yr Low
51
0
99%
1 Yr High
150
42
Mar 2016
$535 $200
100
3 Mo Avg
$558
$0
50
1 Yr Low
$520
Mar…
0
1 Yr High
$718
3 Mo Avg
81
NUMBER OF PENDING SALES
1 Yr High 1 Yr Low
66
Mar 2016
$1,795,000 $0
50
3 Mo Avg
$1,746,333
Mar 2016
111
1 Yr Low
$1,585,000
3 Mo Avg
81
NUMBER OF HOMES FOR SALE
3.66%
3.69%
Feb-16
Mar-16
3.70% 3.60% 3.50% 3.40%
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
© 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 Bellevue
monthly real estate report
March 2016
$730,000
MEDIAN SALE PRICE 1 Yr High
$730,000
1 Yr Low 3 Mo Avg
$700,000
Mar 2016
$730,000 $600,000
$650,000
AVERAGE COST PER SQUARE FOOT
$700,000
$348
Mar 2016 $300
$320
$340
$360
50
102%
103%
3.98%
100
104%
18
14 25
105%
18
0
10
20
30
40
3.69%
4.05% 3.91%
3.84%
3.94%
3.89%
3.96% 3.87%
3.80%
3.67%
3.80%
150
32
Mar 2016
103%
3.77%
74
3 Mo Avg
AVERAGE 30-YEAR FIXED INTEREST RATE
3.90%
56
1 Yr Low 102%
4.10%
36
1 Yr High
101%
4.00%
101
0
104%
Mar 2016
150
74
AVERAGE DAYS ON MARKET
1 Yr High
3 Mo Avg
100
Mar 2016
103%
LIST PRICE TO SALE PRICE RATIO
101%
50
3 Mo Avg $348
100%
38
1 Yr High
$336
99%
Mar 2016
1 Yr Low
3 Mo Avg
1 Yr Low
39
NUMBER OF PENDING SALES
$296
$280
31
0
$348
$260
102
3 Mo Avg
$750,000
1 Yr High 1 Yr Low
1 Yr High 1 Yr Low
$613,000
$550,000
38
NUMBER OF HOMES FOR SALE
3.66%
3.69%
Feb-16
Mar-16
3.70% 3.60% 3.50% 3.40%
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
© 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
monthly real estate report
February 2016
$715,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$715,000
1 Yr Low 3 Mo Avg Feb 2016
AVERAGE COST PER SQUARE FOOT
$700,000
$750,000
$240
$260
$280
$300
3 Mo Avg
99%
100%
101%
102%
103%
3.98%
4.10%
3.90%
38
20
40
3.66%
3.91%
3.94%
3.89%
3.96% 3.87%
3.80%
3.67%
3.80%
60
4.05%
3.84%
3.77%
41
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
25
Feb 2016
101%
400
38
3 Mo Avg
101%
Feb 2016
300
47
1 Yr Low
99%
98%
200
1 Yr High
102%
97%
100
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
189 0
101%
LIST PRICE TO SALE PRICE RATIO
189
172
Feb 2016
$254
400
63
3 Mo Avg
$269
$220
300
306
1 Yr Low
3 Mo Avg
200
1 Yr High
$247
Feb 2016
100
NUMBER OF PENDING SALES
$279
1 Yr Low
170 0
$254
1 Yr High
156
Feb 2016
$715,000 $650,000
134
3 Mo Avg
$707,333
$600,000
320
1 Yr Low
$621,000
$550,000
170
NUMBER OF HOMES FOR SALE
3.66%
3.69%
Feb-16
Mar-16
3.70% 3.60% 3.50% 3.40%
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
© 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
monthly real estate report
March 2016
$650,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$739,000
1 Yr Low 3 Mo Avg
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
$800,000
Mar 2016 $280
$300
3 Mo Avg
100%
101%
102%
103%
3.98%
4.10%
3.90%
45
20
40
80
3.69%
3.91%
3.94%
3.89%
3.96% 3.87%
3.80%
3.67%
3.80%
60
4.05%
3.84%
3.77%
49
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
30
Mar 2016
101% 99%
150
45
3 Mo Avg
101%
Mar 2016
100
61
1 Yr Low
99%
98%
50
1 Yr High
102%
97%
83
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
62
0
101%
LIST PRICE TO SALE PRICE RATIO
83
Mar 2016
$289
200
45
3 Mo Avg
$274
$260
150
109
1 Yr Low
3 Mo Avg
100
1 Yr High
$249
$240
50
NUMBER OF PENDING SALES $289
$220
69 0
$289
1 Yr High 1 Yr Low
63
Mar 2016
$650,000 $200,000
57
3 Mo Avg
$636,333
Mar 2016
148
1 Yr Low
$594,000
$0
69
NUMBER OF HOMES FOR SALE
3.66%
3.69%
Feb-16
Mar-16
3.70% 3.60% 3.50% 3.40%
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
© 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
Kirkland-Bridle Trails
monthly real estate report MEDIAN SALE PRICE
March 2016
$891,000
1 Yr High
1 Yr High
$1,000,000
1 Yr Low 3 Mo Avg
$915,667
3 Mo Avg
Mar 2016
$891,000
Mar 2016
$500,000
$1,000,000
$1,500,000
$382
AVERAGE COST PER SQUARE FOOT 1 Yr High
3 Mo Avg
Mar 2016
$382
Mar 2016
LIST PRICE TO SALE PRICE RATIO
$300
$400
$500
98%
100%
102%
104%
3.98%
4.10%
3.90%
32
15 37 32
20
40
60
3.69%
3.91%
3.94%
3.89%
3.96% 3.87%
3.80%
3.67%
3.80%
150
4.05%
3.84%
3.77%
100
51
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
50
Mar 2016
102% 96%
78
3 Mo Avg
100%
94%
71
1 Yr Low
Mar 2016
78
1 Yr High
97%
3 Mo Avg
150
41
AVERAGE DAYS ON MARKET 102%
1 Yr Low
100
101
0
102%
1 Yr High
50
1 Yr Low
$377
$200
84 0
3 Mo Avg
$100
76
1 Yr High
$331
$0
64
NUMBER OF PENDING SALES
$404
1 Yr Low
136
1 Yr Low
$761,000
$0
84
NUMBER OF HOMES FOR SALE
3.66%
3.69%
Feb-16
Mar-16
3.70% 3.60% 3.50% 3.40%
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
© 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
Juanita-Woodinville
monthly real estate report
March 2016
$590,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$620,000
1 Yr Low
$508,000
3 Mo Avg
$575,000
Mar 2016
$590,000 $0
$200,000
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
$266
Mar 2016 $250
$260
$270
100%
102%
3.98%
100
150
104%
250
33 60
30 49 33
0
20
40
60
80
3.69%
3.91%
3.94%
3.89%
3.96% 3.87%
3.80%
3.67%
3.80%
200
4.05%
3.84%
3.77%
50
Mar 2016
AVERAGE 30-YEAR FIXED INTEREST RATE
3.90%
193
3 Mo Avg 103%
4.10%
154
1 Yr High
101%
Mar 2016
400
79
1 Yr Low
3 Mo Avg
300
193
AVERAGE DAYS ON MARKET
99%
4.00%
200
220
0
103%
98%
100
Mar 2016
103%
1 Yr High
96%
151
3 Mo Avg $266
1 Yr Low
Mar 2016
1 Yr High
$257
LIST PRICE TO SALE PRICE RATIO
150
1 Yr Low
3 Mo Avg
$240
3 Mo Avg
NUMBER OF PENDING SALES
$241
$230
147
0
$266
$220
311
1 Yr Low
$800,000
1 Yr High 1 Yr Low
151
NUMBER OF HOMES FOR SALE
3.66%
3.69%
Feb-16
Mar-16
3.70% 3.60% 3.50% 3.40%
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
© 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
Queen Anne-Magnolia
monthly real estate report
March 2016
$857,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$921,000
1 Yr Low
52
NUMBER OF HOMES FOR SALE
81
1 Yr Low
$700,000
42
3 Mo Avg
$859,333
3 Mo Avg
53
Mar 2016
$857,000
Mar 2016
52
$0
$500,000
$1,000,000
0
$420
AVERAGE COST PER SQUARE FOOT 1 Yr High
$380
$400
$420
$440
1 Yr High
102%
103%
104%
3.98%
3.90%
41
14 39 41
20
40
3.69%
3.91%
3.94%
3.89%
3.96% 3.87%
3.80%
3.67%
3.80%
60
4.05%
3.84%
3.77%
100
50
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
80
Mar 2016
103%
4.00%
60
3 Mo Avg
Mar 2016 101%
40
1 Yr Low 102%
100%
20
1 Yr High
101%
3 Mo Avg
58
AVERAGE DAYS ON MARKET 103%
1 Yr Low
48
0
103%
LIST PRICE TO SALE PRICE RATIO
58
Mar 2016
$420 $360
100
30
3 Mo Avg
$409
Mar 2016
80
95
1 Yr Low
3 Mo Avg
60
1 Yr High
$367
$340
40
NUMBER OF PENDING SALES $420
1 Yr Low
20
3.66%
3.69%
Feb-16
Mar-16
3.70% 3.60% 3.50% 3.40%
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
© 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
Ballard-Greenlake
monthly real estate report
March 2016
$650,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$667,000
1 Yr Low 3 Mo Avg
$655,667
3 Mo Avg
Mar 2016
$650,000
Mar 2016
$550,000
$600,000
AVERAGE COST PER SQUARE FOOT
$650,000
$700,000
$358
3 Mo Avg
Mar 2016
$357
Mar 2016
$340
$360
$380
1 Yr High
104%
106%
3.98%
4.10%
3.90%
108%
200
15 26
10 20
110%
15
0
10
20
30
3.69%
3.91%
3.94%
3.89%
3.96% 3.87%
3.80%
3.67%
3.80%
300
4.05%
3.84%
3.77%
100
Mar 2016
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
191
3 Mo Avg 108%
102%
140
1 Yr Low 105%
100%
191
1 Yr High
102%
Mar 2016
150
76
AVERAGE DAYS ON MARKET 108%
3 Mo Avg
100
239
0
108%
LIST PRICE TO SALE PRICE RATIO
98%
50
1 Yr Low
3 Mo Avg
1 Yr Low
94
1 Yr High
$326
$320
90
NUMBER OF PENDING SALES $373
$300
49
0
$357
1 Yr High 1 Yr Low
133
1 Yr Low
$575,000
$500,000
94
NUMBER OF HOMES FOR SALE
3.66%
3.69%
Feb-16
Mar-16
3.70% 3.60% 3.50% 3.40%
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
© 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
monthly real estate report
March 2016
$739,000
MEDIAN SALE PRICE 1 Yr High
$739,000
1 Yr Low 3 Mo Avg
$739,000 $200,000
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
$359
Mar 2016 $340
$360
1 Yr High
$380
104%
106%
3.98%
150
15
12 18
108%
15
0
10
20
30
3.69%
4.05% 3.91%
3.84%
3.94%
3.89%
3.96% 3.87%
3.80%
3.67%
3.80%
200
26
Mar 2016
105%
3.77%
100
3 Mo Avg
AVERAGE 30-YEAR FIXED INTEREST RATE
3.90%
50
1 Yr Low
Mar 2016
4.10%
128
1 Yr High
104%
4.00%
85
AVERAGE DAYS ON MARKET
102%
102%
43
0
106%
3 Mo Avg
128
Mar 2016
105%
LIST PRICE TO SALE PRICE RATIO
150
147
3 Mo Avg
$359 $320
100
1 Yr High
$349
100%
50
1 Yr Low
3 Mo Avg
1 Yr Low
65
NUMBER OF PENDING SALES
$309
$300
57
0
$360
$280
42
Mar 2016
$800,000
1 Yr High 1 Yr Low
107
3 Mo Avg
$670,333
Mar 2016
1 Yr High 1 Yr Low
$550,000
$0
65
NUMBER OF HOMES FOR SALE
3.66%
3.69%
Feb-16
Mar-16
3.70% 3.60% 3.50% 3.40%
Mar-15
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Nov-15
Dec-15
Jan-16
© 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