April 1st 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.

APRIL 1, 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


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


THE MARKET TALKS

West Seattle

weekly real estate report

April 1, 2016 THIS WEEK IN West Seattle

ACTIVE LISTINGS and PENDING SALES

Area 140 4 0 7

$1.5-2M

1

$1.251.5M

5 0 3 0

$800899k

7 3

$700799k

Pending Sales 5

$600699k

10 2

$500599k

11 7

$400499k

10 10

$250399k

43%

15

4 1

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

$500599k

0.5

0.7

$900999k

$400499k

0.4

$800899k

0.4

$700799k

0.2

$600699k

0.4

$250399k

1.2

 Seller's Market

1.2

1.6 0.9

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+

 Active Listings

$0-249k

Percent Sold

8

$0-249k

0.9

36

3

$1.5-2M

$900999k

84

1

$1.251.5M

$1-1.25M

Active Listings 3

$1-1.25M

$2M+


THE MARKET TALKS

Renton Highlands

weekly real estate report

April 1, 2016 THIS WEEK IN Renton Highlands

ACTIVE LISTINGS and PENDING SALES

Area 350 $2M+ $1.5-2M $1.251.5M $1-1.25M

1 0 2 0

Active Listings 1

4 0

$900999k $800899k

75

0

2 1 2 0

Pending Sales

$700799k

11

$600699k

14 2

$500599k

9 3

$400499k

11

Percent Sold

9

$250399k $0-249k

27

1

36%

13 11 5 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

2.6

0.2

0.5

0.2

$1.5-2M

$2M+

0.9

$1.251.5M

0.5

$11.25M

0.5

$900999k

$700799k

$400499k

0.7

$600699k

0.3

$500599k

0.3

$250399k

$0249k

1.2

$800899k

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

South Seattle

weekly real estate report

April 1, 2016 THIS WEEK IN South Seattle

ACTIVE LISTINGS and PENDING SALES

Area 380/385 4 0 3

$1.5-2M

6 0

$900999k

0

$800899k

0

2

1

Pending Sales 4

$600699k

8 4

$500599k

21 5

$400499k

22

0 2

 Pending Sales

0.2

0.5

0.7

0.7

0.9

$2M+

1.4

0.9

$1.5-2M

0.5

 Seller's Market

$1.251.5M

$400499k

1.0

 Balanced Market

$1-1.25M

0.5

 Buyer's Market

$900999k

0.5

$250399k

MONTHS OF INVENTORY

$0-249k

32%

16 7

 Active Listings

0.0

Percent Sold

10

$250399k $0-249k

29

0

$800899k

$700799k

90

0

$700799k

$1-1.25M

Active Listings 3

$600699k

$1.251.5M

1

$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

Central Seattle

weekly real estate report

April 1, 2016 THIS WEEK IN Central Seattle

ACTIVE LISTINGS and PENDING SALES

Area 390 18

$2M+

1 12

$1.5-2M

Active Listings 3

84

0 2 2

$1-1.25M $900999k

8 5

$800899k

6 4

$700799k

9 2

$500599k

3 1 3 3

30%

2 1 0 0

 Pending Sales

 Buyer's Market

 Balanced Market

 Seller's Market 4.2

1.4 0.4

0.2

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+

0.3

$1-1.25M

1.0

$900999k

1.0

$800899k

0.7

$700799k

0.2

$400499k

$0-249k

0.5

$250399k

MONTHS OF INVENTORY

$600699k

 Active Listings

$1.5-2M

$250399k

Percent Sold

$1.251.5M

$400499k

0.0

25

4

$600699k

$0-249k

Pending Sales 18

$500599k

$1.251.5M

2


THE MARKET TALKS

East Side South

weekly real estate report

April 1, 2016 THIS WEEK IN East Side South

ACTIVE LISTINGS and PENDING SALES

Area 500 9

$2M+

9 0

Active Listings

$1.251.5M

9

11

$1-1.25M

2 8 0

$800899k

12 4

Pending Sales

$700799k

11

$600699k

3

$500599k

3

6

5

$400499k

1

$250399k

1

3

Percent Sold

28%

2

0 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

1.9

2.1

2.1

2.1

$2M+

$0-249k

24

8

$1.5-2M

$900999k

85

1

$1.251.5M

$1.5-2M

1

$700799k

0.7

$1-1.25M

0.3

$900999k

0.5

$800899k

0.4

$600699k

0.7

$500599k

0.5

$400499k

$0-249k

0.0

$250399k

1.3

© 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

April 1, 2016 THIS WEEK IN Mercer Island

ACTIVE LISTINGS and PENDING SALES

Area 510 24

$2M+

3 5

$1.5-2M

2

$1.251.5M

Active Listings 4

34

1 1

$1-1.25M

3

$900999k

0 0

$800899k

0 0

$700799k

0 0

$600699k

0 0

$500599k

0 0

$400499k

0 0

$250399k

0 0

$0-249k

0 0

Pending Sales

9 Percent Sold

26%

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

1.9 0.0

0.0

0.0

0.0

0.1

$500599k

$600699k

$700799k

$800899k

$900999k

$1-1.25M

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

$1.251.5M

0.0

$400499k

$0-249k

0.0

$250399k

0.9


THE MARKET TALKS

West Bellevue

weekly real estate report

April 1, 2016 THIS WEEK IN West Bellevue

ACTIVE LISTINGS and PENDING SALES

Area 520 66

$2M+

5 9

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

4

Active Listings

1

84

3 1 2

$900999k

0

$800899k

1

$700799k

1 0

$600699k

1 0

$500599k

0 0

$400499k

0 0

$250399k

0 0

$0-249k

0 0

3

2

Pending Sales

15 Percent Sold

18%

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

$500599k

$600699k

$700799k

$800899k

$900999k

0.1

0.1

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+

0.5

$1.5-2M

0.2

$1.251.5M

0.0

$1-1.25M

0.0

0.2

0.7

0.0

$400499k

$0-249k

0.0

$250399k

3.1


THE MARKET TALKS

East Bellevue

weekly real estate report

April 1, 2016 THIS WEEK IN East Bellevue

ACTIVE LISTINGS and PENDING SALES

Area 530

8 0

Active Listings

$1.251.5M

$900999k

42

1 0 1 2 0

$800899k

6 1

$700799k

Pending Sales 4

$600699k

8 6

$500599k

2 2

$400499k

0 0

$250399k

0

$0-249k

13

2

Percent Sold

31%

1

0 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

0.3

0.5

$500599k

$600699k

$700799k

0.5

1.9

1.6

0.9 0.0

$1-1.25M

0.2

$900999k

0.0

$800899k

0.2

$400499k

$0-249k

0.0

$250399k

1.4

$2M+

$1-1.25M

4

$1.5-2M

$1.5-2M

7 0

$1.251.5M

$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

April 1, 2016 THIS WEEK IN East Lake Sammamish

ACTIVE LISTINGS and PENDING SALES

Area 540

Active Listings 15

39

$1-1.25M

3 14 1

$800899k

23 3

Pending Sales

$700799k

13

$600699k

17 7

$500599k

12 2

$400499k

5

$250399k

5

$0-249k

33

6

7

Percent Sold

19%

13

2 1

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 3.3

3.0 1.9

$700799k

$900999k

0.5

$800899k

0.6

$600699k

$400499k

$500599k

0.3

$250399k

$0-249k

0.6

3.5

1.8

1.4 0.5

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+

$900999k

176

0

$1.5-2M

$1.251.5M

13 0

$1.251.5M

$1.5-2M

8 0

$1-1.25M

$2M+


THE MARKET TALKS

Redmond-Carnation

weekly real estate report

April 1, 2016 THIS WEEK IN Redmond-Carnation

ACTIVE LISTINGS and PENDING SALES

Area 550 $2M+ $1.5-2M

2 0 6 0

Active Listings

$1.251.5M

10

5

$1-1.25M

2

$900999k

11 2

$800899k

3

$700799k

3 3

4

$600699k

3

$500599k

3

Pending Sales

22

9

8

$400499k

5

Percent Sold

2

$250399k $0-249k

67

1

33%

3 3 1 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 2.3 1.4

© 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+

$1.5-2M

0.5

$1.251.5M

$1-1.25M

0.6

$900999k

0.3

$800899k

$600699k

0.2

$700799k

0.7

$500599k

0.2

$250399k

$0-249k

0.2

0.6

$400499k

1.3 0.6


THE MARKET TALKS

Kirkland-Bridle Trails

weekly real estate report

April 1, 2016 THIS WEEK IN Kirkland-Bridle Trails

ACTIVE LISTINGS and PENDING SALES

Area 560 17 0 12

$1.5-2M

16 1

$900999k

4 1

$800899k

7 2

$250399k $0-249k

11

0 4 3 2 0 0 2

Percent Sold

2

13%

0 0 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

0.9

4.0 3.3 1.4

$1-1.25M

0.8

$900999k

0.3

$700799k

0.5

$600699k

0.0

$400499k

0.5

$250399k

$0-249k

0.0

$500599k

1.2

$800899k

3.7

© 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+

$400499k

Pending Sales 5

$600699k $500599k

83

0

$1-1.25M

$700799k

Active Listings 14

$1.5-2M

$1.251.5M

2

$1.251.5M

$2M+


THE MARKET TALKS

Juanita-Woodinville

weekly real estate report

April 1, 2016 THIS WEEK IN Juanita-Woodinville

ACTIVE LISTINGS and PENDING SALES

Area 600 15

$2M+ $1.5-2M

1 3 0

$1.251.5M

Active Listings 7

20

$1-1.25M

3

$900999k

16 2

$800899k

16 6

$700799k

Pending Sales 18

45

8

$600699k

18 6

$500599k

24 4

$400499k

13

$250399k $0-249k

161

1

8

Percent Sold

8

28%

6 3 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 3.5 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+

$800899k

0.7

$1.5-2M

$700799k

1.6

$1.251.5M

0.6

1.6

$1-1.25M

0.5

$900999k

0.7

$600699k

0.4

$500599k

0.3

$400499k

$0-249k

0.7

$250399k

1.4


THE MARKET TALKS

Queen Anne-Magnolia

weekly real estate report

April 1, 2016 THIS WEEK IN Queen Anne-Magnolia

ACTIVE LISTINGS and PENDING SALES

Area 700 9

$2M+

1 12

$1.5-2M

1

$1.251.5M

Active Listings 9

7

$1-1.25M

3

$900999k $800899k $700799k

4 2 4 0

Pending Sales 2

11

0

$600699k

4 2

$500599k

1 1

$400499k

0 0

$250399k

0 0

$0-249k

53

1

Percent Sold

21%

1 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 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

2.1

$1.5-2M

0.5

$1.251.5M

0.5

$900999k

0.9

$800899k

$500599k

0.5

$700799k

0.0

0.5

$600699k

0.0

0.2

$400499k

$0-249k

0.2

$250399k

2.1


THE MARKET TALKS

Ballard-Greenlake

weekly real estate report

April 1, 2016 THIS WEEK IN Ballard-Greenlake

ACTIVE LISTINGS and PENDING SALES

Area 705 3 0 6

$1.5-2M

102

0 4 0

$900999k

6 2

$800899k

6 3

Pending Sales

$700799k

16

$600699k

21 8

$500599k

20 9

$400499k

Percent Sold

0 0

 Pending Sales

0.5

0.6

0.5

 Seller's Market

0.5

0.7

0.9

0.9

1.4 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+

$250399k

0.0

 Balanced Market

$1.5-2M

0.6

 Buyer's Market

$1.251.5M

1.2

$400499k

MONTHS OF INVENTORY

$1-1.25M

 Active Listings

$0-249k

33%

5 0

$900999k

$0-249k

11 4

$800899k

$250399k

34

7

$700799k

$1-1.25M

Active Listings 4

$600699k

$1.251.5M

1

$500599k

$2M+


THE MARKET TALKS

North Seattle

weekly real estate report

April 1, 2016 THIS WEEK IN North Seattle

ACTIVE LISTINGS and PENDING SALES

Area 710 4 0 9

$1.5-2M

2

$1.251.5M

7 0

$900999k

2 1

$800899k

9 2

Pending Sales

$700799k

4 4

$600699k

15

9 2

$500599k

9 3

$400499k

0

$250399k

0

7

Percent Sold

21%

4

1 0

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

1.6

1.6

1.6

1.0

1.0

0.9

$800899k

$900999k

0.5

0.2

$700799k

$400499k

$250399k

$0-249k

$500599k

0.7

0.2

1.0

$600699k

0.9

$2M+

 Active Listings

$1.5-2M

$0-249k

72

1

$1.251.5M

$1-1.25M

Active Listings 7

$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


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