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 29, 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
April 29, 2016 THIS WEEK IN West Seattle
ACTIVE LISTINGS and PENDING SALES
Area 140
8 0
$1.251.5M
Active Listings 1
106
2 2
$1-1.25M
5
$900999k
1
$800899k
1
5
6
$700799k
Pending Sales 7
$600699k
16 6
$500599k
9 7
$400499k
17
Percent Sold
13
$250399k
15 3 0
Pending Sales
Buyer's Market
Balanced Market
$800899k
$500599k
0.8
$700799k
0.3
0.6
$600699k
0.3
$400499k
$0-249k
0.4
$250399k
1.4
Seller's Market
1.9 1.2
1.2 0.1
0.1
$2M+
MONTHS OF INVENTORY
$1.5-2M
Active Listings
0.7
49%
27
$1.251.5M
$0-249k
52
2
$1-1.25M
$1.5-2M
5 0
$900999k
$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
Renton Highlands
weekly real estate report
April 29, 2016 THIS WEEK IN Renton Highlands
ACTIVE LISTINGS and PENDING SALES
Area 350 $2M+ $1.5-2M $1.251.5M
3 0 1 0
Active Listings 2
6
$1-1.25M
1
$900999k
0
$800899k
0
4
5
$700799k
Pending Sales 10
14
1
$600699k
14 4
$500599k
14 1
$400499k
15
Percent Sold
4
$250399k $0-249k
94
0
15%
15 3 5 0
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market
3.3 2.3 0.2
$1.5-2M
0.7
$2M+
0.5
$1.251.5M
1.4
$11.25M
$700799k
$600699k
$500599k
0.9
$900999k
1.2
0.8
$800899k
0.9
$400499k
1.2
$250399k
$0249k
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
THE MARKET TALKS
South Seattle
weekly real estate report
April 29, 2016 THIS WEEK IN South Seattle
ACTIVE LISTINGS and PENDING SALES
Area 380/385
2 0
$1.251.5M
7 1
$900999k
4 1 6 0
Pending Sales
$700799k
2 2
$600699k
2 17 7
$400499k
20
31%
15 4 2 0
Pending Sales
Balanced Market
0.5
0.5
0.9
$2M+
0.2
$1.5-2M
1.6 0.9
$1.251.5M
0.6
1.4
Seller's Market
$1-1.25M
0.4
$500599k
1.4
$400499k
$250399k
0.9
Buyer's Market
$900999k
MONTHS OF INVENTORY
$800899k
Active Listings
$0-249k
Percent Sold
11
$250399k
0.5
29
12
$500599k
$0-249k
93
1
$1-1.25M
$800899k
Active Listings 2
$700799k
$1.5-2M
4 0
$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
Central Seattle
weekly real estate report
April 29, 2016 THIS WEEK IN Central Seattle
ACTIVE LISTINGS and PENDING SALES
Area 390 13
$2M+
3 9
$1.5-2M
2
$1.251.5M
Active Listings 4
3
$1-1.25M
2
$900999k
1
$800899k
1
5
9
Pending Sales
$700799k
20
26
4
$600699k
12 2
$500599k
6 6
$400499k
3
Percent Sold
1
$250399k $0-249k
87
3
30%
3 1 0 0
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market
0.3
$1.251.5M
1.0
1.0
$2M+
0.3
$1-1.25M
$900999k
$800899k
$400499k
$700799k
$250399k
$0-249k
0.0
1.2
0.2
$600699k
0.7
$500599k
0.7
1.2
$1.5-2M
2.1 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
THE MARKET TALKS
East Side South
weekly real estate report
April 29, 2016 THIS WEEK IN East Side South
ACTIVE LISTINGS and PENDING SALES
Area 500 14 0 11
$1.5-2M $1.251.5M
4
Active Listings 12
11
$1-1.25M
3
$900999k
10 2
$800899k
12 4
$700799k
Pending Sales 10
10 8
$500599k
6 4
$400499k
$0-249k
30
2
$600699k
$250399k
10
0
4
Percent Sold
2
30%
0 1 0 0
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market 3.3
2.8 0.9
$1.5-2M
0.6
$1.251.5M
$1-1.25M
1.2
$900999k
0.7
$800899k
$600699k
$700799k
0.3
$500599k
0.0
$250399k
$0-249k
0.0
0.3
$400499k
1.2 0.5
$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
Mercer Island
weekly real estate report
April 29, 2016 THIS WEEK IN Mercer Island
ACTIVE LISTINGS and PENDING SALES
Area 510 32
$2M+
1 12
$1.5-2M $1.251.5M
Active Listings
2
51
0 2 2
$1-1.25M $900999k
2
0 0
$800899k
1 1
$700799k
Pending Sales 2
7
1
$600699k
0 0
$500599k
0 0
$400499k
0 0
$250399k
0 0
$0-249k
0 0
Percent Sold
14%
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market 7.4
0.5
$2M+
0.2
$1.5-2M
0.0
$1.251.5M
$600699k
0.2
$11.25M
$500599k
0.5
$900999k
0.0
$800899k
0.0
$700799k
0.0
$400499k
$0249k
0.0
$250399k
1.4 0.0
© 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
THE MARKET TALKS
West Bellevue
weekly real estate report
April 29, 2016 THIS WEEK IN West Bellevue
ACTIVE LISTINGS and PENDING SALES
Area 520 65
$2M+
5 6
$1.5-2M $1.251.5M $1-1.25M $900999k
2
Active Listings
3
84
0 4 1 2 0
$800899k
2 2
$700799k
2 1
$600699k
0 0
$500599k
0 0
$400499k
0 0
$250399k
0 0
$0-249k
0 0
Pending Sales
11 Percent Sold
13%
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market
$2M+
0.7
$1.5-2M
$600699k
0.7
$1.251.5M
$500599k
0.9
$1-1.25M
0.0
0.5
$900999k
0.0
0.2
$800899k
0.0
0.5
$700799k
0.0
$400499k
$0-249k
0.0
$250399k
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
THE MARKET TALKS
East Bellevue
weekly real estate report
April 29, 2016 THIS WEEK IN East Bellevue
ACTIVE LISTINGS and PENDING SALES
Area 530 $2M+ $1.5-2M
12 0 7 0
Active Listings
$1.251.5M $1-1.25M
3
63
2 1 0
$900999k
6 4
$800899k
5 1
Pending Sales
$700799k
10
20
4
$600699k
9 4
$500599k
9 5
$400499k
0
Percent Sold
$250399k
0 0
32%
$0-249k
0 0
1
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market 2.8
$600699k
$700799k
0.3
$2M+
$500599k
0.2
$1.251.5M
$400499k
0.3
$1-1.25M
0.5
$900999k
0.4
$800899k
0.2
0.6
0.0
$250399k
$0-249k
0.0
$1.5-2M
1.6
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
THE MARKET TALKS
East Lake Sammamish
weekly real estate report
April 29, 2016 THIS WEEK IN East Lake Sammamish
ACTIVE LISTINGS and PENDING SALES
Area 540 $2M+
10 0 18
$1.5-2M
3
$1.251.5M
Active Listings 26
43
$1-1.25M
10
$900999k
16 6
$800899k
23 8
$700799k
Pending Sales 24
65
8
$600699k
21 7
$500599k
17 9
$400499k
9
Percent Sold
5
$250399k $0-249k
222
2
29%
13 7 2 0
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market 3.0 2.3
$2M+
$1.5-2M
0.6
$1.251.5M
0.7
$11.25M
0.7
$900999k
$500599k
0.7
$800899k
0.4
$700799k
0.4
$600699k
0.4
$400499k
$0249k
0.5
$250399k
1.4 1.0
© 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
THE MARKET TALKS
Redmond-Carnation
weekly real estate report
April 29, 2016 THIS WEEK IN Redmond-Carnation
ACTIVE LISTINGS and PENDING SALES
Area 550 5
$2M+
7 0
Active Listings
$1.251.5M
10
14
$1-1.25M
2
$900999k
7 4
$800899k
6 2
$700799k
Pending Sales 9
10 7
$500599k
8 1
$400499k
7
Percent Sold
2
24%
3 0 2 0
Pending Sales
0.7
0.4
1.6
1.2
$2M+
1.6
$1.5-2M
$600699k
$400499k
0.3
$500599k
$250399k
$0-249k
0.5
0.8
Seller's Market 2.3
2.1
1.9 0.7
Balanced Market
$1.251.5M
Buyer's Market
$1-1.25M
MONTHS OF INVENTORY
$900999k
Active Listings
$800899k
$0-249k
21
1
$600699k
$250399k
88
1
$700799k
$1.5-2M
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
Kirkland-Bridle Trails
weekly real estate report
April 29, 2016 THIS WEEK IN Kirkland-Bridle Trails
ACTIVE LISTINGS and PENDING SALES
Area 560 18
$2M+
1 11
$1.5-2M
2
$1.251.5M
11 2
$900999k
2
$800899k
2
8
9
5 0
0
Percent Sold
3
25%
1 0 0 0
Pending Sales
Buyer's Market
Balanced Market
4.2
0.3
1.0
0.9
1.3
0.9
1.3
$2M+
$700799k
0.0
$600699k
$500599k
0.0
$400499k
$0-249k
0.2
$250399k
1.2 0.0
Seller's Market
$1.5-2M
MONTHS OF INVENTORY
$1.251.5M
Active Listings
$1-1.25M
$0-249k
3 2
$900999k
$250399k
19
2
$500599k $400499k
Pending Sales
0
$800899k
$600699k
77
3
$1-1.25M
$700799k
Active Listings 11
© 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
weekly real estate report
April 29, 2016 THIS WEEK IN Juanita-Woodinville
ACTIVE LISTINGS and PENDING SALES
Area 600 16
$2M+ $1.5-2M
1 9 0
Active Listings
$1.251.5M
7
26
$1-1.25M $900999k
4 13 0
$800899k
19 4
$700799k
Pending Sales 22
49
7
$600699k
27 4
$500599k
24 11
$400499k
15
Percent Sold
7
$250399k $0-249k
193
4
25%
11 7 4 0
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market 3.7
3.0 2.1
$2M+
$1.5-2M
0.4
$1.251.5M
$500599k
1.1
$1-1.25M
$400499k
0.7
1.5
$900999k
0.5
$700799k
0.5
$600699k
0.4
$250399k
$0-249k
0.9
$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
Queen Anne-Magnolia
weekly real estate report
April 29, 2016 THIS WEEK IN Queen Anne-Magnolia
ACTIVE LISTINGS and PENDING SALES
Area 700 14
$2M+
1 13
$1.5-2M
1
Active Listings
$1.251.5M
7
5
$1-1.25M
1
$900999k
2
$800899k
2
4
6
$700799k
Pending Sales 9
5 2
$500599k
0
$400499k
0
$250399k
0 0
3
2
Percent Sold
22%
1 0
Pending Sales
3.0
3.3
$2M+
Seller's Market
$1.5-2M
Balanced Market
0.6
0.7
0.7
0.5
$700799k
$800899k
$900999k
0.5
$1.251.5M
0.7
$600699k
1.2
0.5
$500599k
$250399k
$0-249k
0.0
Buyer's Market
$400499k
MONTHS OF INVENTORY
$1-1.25M
Active Listings
0.2
15
3
$600699k
$0-249k
69
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
Ballard-Greenlake
weekly real estate report
April 29, 2016 THIS WEEK IN Ballard-Greenlake
ACTIVE LISTINGS and PENDING SALES
Area 705 2
$2M+
1 5
$1.5-2M $1.251.5M
2
Active Listings 6
122
0 6
$1-1.25M
2
$900999k
8 2
$800899k
16 1
Pending Sales
$700799k
20
$600699k
25 5
$500599k
15 11
$400499k
10
$250399k $0-249k
50
11
9
Percent Sold
9
41%
6 0 0
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market
3.7
0.6
0.5
$1.5-2M
$2M+
$1.251.5M
0.7
$1-1.25M
1.4
0.9
$900999k
$500599k
0.4
$800899k
0.3
$700799k
0.3
$600699k
0.3
$400499k
$0-249k
0.0
$250399k
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
THE MARKET TALKS
North Seattle
weekly real estate report
April 29, 2016 THIS WEEK IN North Seattle
ACTIVE LISTINGS and PENDING SALES
Area 710 $2M+ $1.5-2M $1.251.5M
6 0 10 0
Active Listings 7
87
0 1 1
$1-1.25M $900999k
7 3
$800899k
15 1
$700799k
Pending Sales 7
$600699k
10 10
$500599k
8 6
$400499k
7
Percent Sold
5
$250399k $0-249k
29
1
33%
9 2 0 0
Active Listings
Pending Sales
MONTHS OF INVENTORY
Buyer's Market
Balanced Market
Seller's Market
3.5 2.3 1.6
1.6
1.4
$2M+
$1.5-2M
$1.251.5M
0.2
$1-1.25M
$600699k
0.5
$900999k
0.2
$800899k
0.3
$700799k
0.3
$500599k
$250399k
$0-249k
0.0
$400499k
1.0
© 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
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