Apr 2016 The Market Talks Seattle Area Housing Report

Page 1

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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 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

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THE MARKET TALKS

West Seattle

monthly real estate report

April 2016

$494,000

MEDIAN SALE PRICE 1 Yr High

1 Yr High

$573,000

1 Yr Low 3 Mo Avg

$492,333

3 Mo Avg

Apr 2016

$494,000

Apr 2016

$200,000

$400,000

AVERAGE COST PER SQUARE FOOT

$600,000

$800,000

$321

Apr 2016 $300

$400

1 Yr High

102%

104%

106%

3.98%

4.00%

4.05% 3.91%

3.84%

3.89%

3.90% 3.80%

50

100

150

200

250

17 35 17 23 17

0

AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%

165

Apr 2016

105% 100%

152

3 Mo Avg

103%

98%

85

1 Yr Low

Apr 2016

200

1 Yr High

101%

3 Mo Avg

150

165

AVERAGE DAYS ON MARKET 105%

1 Yr Low

100

201

0

105%

LIST PRICE TO SALE PRICE RATIO

50

Apr 2016

$321 $200

0

3 Mo Avg

$314

$100

107

1 Yr Low

$257

$0

91

1 Yr High

$321

3 Mo Avg

68

NUMBER OF PENDING SALES

1 Yr High 1 Yr Low

154

1 Yr Low

$434,000

$0

107

NUMBER OF HOMES FOR SALE

3.94%

10

20

30

40

3.61% 3.96%

3.80%

3.87%

3.67%

3.66%

3.69%

Feb-16

Mar-16

3.70%

3.61%

3.60% 3.50% 3.40% 3.30%

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Apr-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

April 2016

$461,000

MEDIAN SALE PRICE 1 Yr High

1 Yr High

$485,000

1 Yr Low 3 Mo Avg

$467,000

3 Mo Avg

Apr 2016

$461,000

Apr 2016

$200,000

$400,000

AVERAGE COST PER SQUARE FOOT

$600,000

Apr 2016 $220

$240

1 Yr High

101%

3 Mo Avg

Apr 2016

101%

Apr 2016

101%

102%

4.00%

4.05% 3.91%

3.84%

3.89%

3.90% 3.80%

106 50

100

150

39 70

27 50 39

0

AVERAGE 30-YEAR FIXED INTEREST RATE 3.98%

91

1 Yr Low

3 Mo Avg

4.10%

45

1 Yr High

99%

100%

106

AVERAGE DAYS ON MARKET 101%

3.94%

200

113

0

101%

LIST PRICE TO SALE PRICE RATIO

150

Apr 2016

$228 $200

100

3 Mo Avg

$222

99%

50

1 Yr Low

3 Mo Avg

98%

95

1 Yr High

$196

1 Yr Low

82

NUMBER OF PENDING SALES $228

$180

62

0

$228

1 Yr High 1 Yr Low

172

1 Yr Low

$375,000

$0

95

NUMBER OF HOMES FOR SALE

20

40

60

80

3.61% 3.96%

3.80%

3.87%

3.67%

3.66%

3.69%

Feb-16

Mar-16

3.70%

3.61%

3.60% 3.50% 3.40% 3.30%

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Apr-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 MEDIAN SALE PRICE

April 2016

$477,000

1 Yr High

1 Yr High

$510,000

1 Yr Low 3 Mo Avg

$400,000

AVERAGE COST PER SQUARE FOOT

$600,000

$271

Apr 2016

$278 $220

$240

$260

$280

108

Apr 2016

111 0

3 Mo Avg

105%

3 Mo Avg

Apr 2016

105%

Apr 2016

100%

102%

104%

106%

108%

3.98%

4.00%

4.05% 3.91%

3.84%

3.89%

3.90% 3.80%

150

22

19 27 22

0

AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%

100

37

1 Yr Low

100%

98%

50

1 Yr High

106%

96%

47

AVERAGE DAYS ON MARKET

1 Yr High 1 Yr Low

111

3 Mo Avg

$300

105%

LIST PRICE TO SALE PRICE RATIO

150

127

1 Yr Low

3 Mo Avg

100

1 Yr High

$238

$200

50

NUMBER OF PENDING SALES $278

1 Yr Low

93 0

$278

1 Yr High

86

Apr 2016

$477,000 $200,000

62

3 Mo Avg

$495,667

Apr 2016

123

1 Yr Low

$414,000

$0

93

NUMBER OF HOMES FOR SALE

3.94%

10

20

30

40

3.61% 3.96%

3.80%

3.87%

3.67%

3.66%

3.69%

Feb-16

Mar-16

3.70%

3.61%

3.60% 3.50% 3.40% 3.30%

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Apr-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

April 2016

$860,000

1 Yr High

1 Yr High

$860,000

1 Yr Low 3 Mo Avg

$200,000 $400,000 $600,000 $800,000$1,000,000

3 Mo Avg

$437 $428 $200

$300

$400

90

Apr 2016

92

3 Mo Avg

102%

3 Mo Avg

Apr 2016

102%

Apr 2016

100%

102%

104%

3.98%

4.00%

4.05% 3.91%

3.84%

3.89%

3.90% 3.80%

25

18 31 25

0

AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%

150

66

1 Yr Low

99%

98%

100

1 Yr High

103%

96%

50

AVERAGE DAYS ON MARKET

1 Yr High 1 Yr Low

43

0

102%

LIST PRICE TO SALE PRICE RATIO

92

3 Mo Avg

$500

150

110

1 Yr Low

$370

$100

100

1 Yr High

$452

$0

50

NUMBER OF PENDING SALES

1 Yr High

Apr 2016

88 0

$428

1 Yr Low

81

Apr 2016

$860,000

AVERAGE COST PER SQUARE FOOT

48

3 Mo Avg

$805,667

Apr 2016

128

1 Yr Low

$660,000

$0

88

NUMBER OF HOMES FOR SALE

3.94%

20

40

60

80

3.61% 3.96%

3.80%

3.87%

3.67%

3.66%

3.69%

Feb-16

Mar-16

3.70%

3.61%

3.60% 3.50% 3.40% 3.30%

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Apr-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 MEDIAN SALE PRICE

April 2016

$806,000

1 Yr High

1 Yr High

$806,000

1 Yr Low

$200,000 $400,000 $600,000 $800,000$1,000,000

AVERAGE COST PER SQUARE FOOT

$300

$400

3 Mo Avg Apr 2016 100%

102%

104%

3.98%

4.00%

4.05% 3.91%

3.84%

3.89%

3.90% 3.80%

33 24

0

AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%

23

Apr 2016

103%

3.94%

150

24

3 Mo Avg

102%

98%

100

49

1 Yr Low

98%

96%

50

1 Yr High

103%

94%

119

AVERAGE DAYS ON MARKET

1 Yr High 1 Yr Low

104

0

103%

LIST PRICE TO SALE PRICE RATIO

57

Apr 2016

$306 $200

200

119

3 Mo Avg

$285

$100

150

136

1 Yr Low

$260

$0

100

1 Yr High

$318

Apr 2016

50

NUMBER OF PENDING SALES

1 Yr High

3 Mo Avg

99 0

$306

1 Yr Low

82

Apr 2016

$806,000 $0

64

3 Mo Avg

$761,000

Apr 2016

155

1 Yr Low

$649,000

3 Mo Avg

99

NUMBER OF HOMES FOR SALE

20

40

60

3.61% 3.96%

3.80%

3.87%

3.67%

3.66%

3.69%

Feb-16

Mar-16

3.70%

3.61%

3.60% 3.50% 3.40% 3.30%

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Apr-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

April 2016

$1,260,000

MEDIAN SALE PRICE 1 Yr High

1 Yr High

$1,958,000

1 Yr Low

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$425

AVERAGE COST PER SQUARE FOOT 1 Yr High

$200

$400

LIST PRICE TO SALE PRICE RATIO

$600

$800

4.00%

100%

105%

3.91%

3.84%

20

30

3.89%

40

3.94%

50

23 81

23 39 23

0

4.05%

3.90% 3.80%

10

Apr 2016

AVERAGE 30-YEAR FIXED INTEREST RATE 3.98%

30

3 Mo Avg 103%

4.10%

27

1 Yr Low 101%

95%

9

1 Yr High

95%

90%

30

AVERAGE DAYS ON MARKET 103%

Apr 2016

80

46

0

103%

3 Mo Avg

60

Apr 2016

1 Yr High 1 Yr Low

40

3 Mo Avg

$425 $0

20

1 Yr Low

$442

Apr 2016

0

1 Yr High

$409

3 Mo Avg

51

NUMBER OF PENDING SALES $678

1 Yr Low

37

Apr 2016

$1,260,000 $0

25

3 Mo Avg

$1,606,000

Apr 2016

66

1 Yr Low

$1,062,000

3 Mo Avg

51

NUMBER OF HOMES FOR SALE

50

100

3.61% 3.96%

3.80%

3.87%

3.67%

3.66%

3.69%

Feb-16

Mar-16

3.70%

3.61%

3.60% 3.50% 3.40% 3.30%

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Apr-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

April 2016

$1,800,000

MEDIAN SALE PRICE 1 Yr High

1 Yr High

$1,929,000

1 Yr Low 3 Mo Avg

$1,781,667

3 Mo Avg

Apr 2016

$1,800,000

Apr 2016

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$613

AVERAGE COST PER SQUARE FOOT 1 Yr High

$200

$400

$600

1 Yr High

$800

96%

98%

3.98%

4.00%

100%

102%

3.91%

3.84%

40

3.89%

3.94%

60

22 83

22 56 22

0

4.05%

3.90% 3.80%

20

Apr 2016

AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%

50

3 Mo Avg 100%

94%

39

1 Yr Low

Apr 2016

50

1 Yr High

98%

150

23

AVERAGE DAYS ON MARKET

96%

3 Mo Avg

100

51

0

100%

1 Yr Low

50

Apr 2016

100%

LIST PRICE TO SALE PRICE RATIO

0

3 Mo Avg

$613 $0

84

1 Yr Low

$589

Apr 2016

78

1 Yr High

$520

3 Mo Avg

50

NUMBER OF PENDING SALES $718

1 Yr Low

111

1 Yr Low

$1,585,000

$0

84

NUMBER OF HOMES FOR SALE

50

100

3.61% 3.96%

3.80%

3.87%

3.67%

3.66%

3.69%

Feb-16

Mar-16

3.70%

3.61%

3.60% 3.50% 3.40% 3.30%

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Apr-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

April 2016

$735,000

MEDIAN SALE PRICE 1 Yr High

$735,000

1 Yr Low 3 Mo Avg Apr 2016

$735,000 $650,000

AVERAGE COST PER SQUARE FOOT

$700,000

$328

Apr 2016 $320

$340

1 Yr High

104%

106%

4.05% 3.91%

3.84%

3.89%

3.90% 3.80%

20 11

0

AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%

11

Apr 2016

105% 102%

150

11

3 Mo Avg

104%

Apr 2016

100

32

1 Yr Low

3 Mo Avg

3.98%

50

1 Yr High

101%

4.10%

70

AVERAGE DAYS ON MARKET 105%

100%

67

0

105%

LIST PRICE TO SALE PRICE RATIO

70

36

Apr 2016 $360

150

101

3 Mo Avg

$328 $300

100

1 Yr High

$339

98%

50

1 Yr Low

3 Mo Avg

1 Yr Low

64

NUMBER OF PENDING SALES

$297

$280

46

0

$348

$260

31

Apr 2016

$750,000

1 Yr High 1 Yr Low

102

3 Mo Avg

$723,333

$600,000

1 Yr High 1 Yr Low

$613,000

$550,000

64

NUMBER OF HOMES FOR SALE

3.94%

10

20

30

40

3.61% 3.96%

3.80%

3.87%

3.67%

3.66%

3.69%

Feb-16

Mar-16

3.70%

3.61%

3.60% 3.50% 3.40% 3.30%

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Apr-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

April 2016

$695,000

MEDIAN SALE PRICE 1 Yr High

1 Yr High

$715,000

1 Yr Low 3 Mo Avg

$650,000

AVERAGE COST PER SQUARE FOOT

$700,000

$750,000

Apr 2016 $260

$270

$280

$290

3 Mo Avg Apr 2016

102%

104%

3.98%

4.00%

4.05% 3.91%

3.84%

3.89%

3.90% 3.80%

23 33 23

0

AVERAGE 30-YEAR FIXED INTEREST RATE 3.94%

400

47

Apr 2016

103% 100%

300

23

3 Mo Avg

102%

4.10%

200

1 Yr Low

99%

98%

100

1 Yr High

103%

96%

235

AVERAGE DAYS ON MARKET

1 Yr High 1 Yr Low

210

0

103%

LIST PRICE TO SALE PRICE RATIO

63

Apr 2016

$281

400

235

3 Mo Avg

$269

$250

300

306

1 Yr Low

3 Mo Avg

200

1 Yr High

$250

$240

100

NUMBER OF PENDING SALES $281

$230

228 0

$281

1 Yr High 1 Yr Low

186

Apr 2016

$695,000 $600,000

134

3 Mo Avg

$703,333

$550,000

320

1 Yr Low

$621,000

Apr 2016

228

NUMBER OF HOMES FOR SALE

20

40

60

3.61% 3.96%

3.80%

3.87%

3.67%

3.66%

3.69%

Feb-16

Mar-16

3.70%

3.61%

3.60% 3.50% 3.40% 3.30%

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Apr-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

April 2016

$714,000

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

3 Mo Avg Apr 2016 $280

$300

Apr 2016

102%

103%

3.98%

4.00%

4.05% 3.91%

3.84%

3.89%

3.90% 3.80%

21

0

AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%

21

37

Apr 2016

102% 101%

150

21

3 Mo Avg

101%

100%

100

61

1 Yr Low

3 Mo Avg

99%

50

1 Yr High

99%

98%

86

AVERAGE DAYS ON MARKET 102%

97%

75

0

102%

1 Yr High 1 Yr Low

45

Apr 2016

$289

3.94%

200

86

3 Mo Avg

$282

LIST PRICE TO SALE PRICE RATIO

150

109

1 Yr Low

$260

100

1 Yr High

$249

$240

50

NUMBER OF PENDING SALES $289

$220

88 0

$289

1 Yr High 1 Yr Low

73

Apr 2016

$714,000 $200,000

57

3 Mo Avg

$674,667

Apr 2016

148

1 Yr Low

$594,000

$0

88

NUMBER OF HOMES FOR SALE

20

40

60

80

3.61% 3.96%

3.80%

3.87%

3.67%

3.66%

3.69%

Feb-16

Mar-16

3.70%

3.61%

3.60% 3.50% 3.40% 3.30%

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Apr-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

April 2016

$851,000

1 Yr High

1 Yr High

$1,000,000

1 Yr Low

$914,000

Apr 2016

$851,000 $0

$500,000

$1,000,000

1 Yr High

79

Apr 2016

80 0

$366

3 Mo Avg

Apr 2016

$371

Apr 2016

$200

LIST PRICE TO SALE PRICE RATIO

$300

$400

$500

1 Yr High

Apr 2016 102%

104%

3.98%

4.10% 4.00%

4.05% 3.91%

3.84%

3.89%

3.90% 3.80%

17

31 17

0

AVERAGE 30-YEAR FIXED INTEREST RATE 3.94%

150

15

Apr 2016

103% 100%

100

51

3 Mo Avg

102%

98%

50

1 Yr Low

3 Mo Avg

96%

93

1 Yr High

97%

94%

81

AVERAGE DAYS ON MARKET 103%

1 Yr Low

93

41

0

103%

150

101

1 Yr Low

3 Mo Avg

$100

100

1 Yr High

$331

$0

50

NUMBER OF PENDING SALES

$404

1 Yr Low

64

3 Mo Avg

$1,500,000

$371

AVERAGE COST PER SQUARE FOOT

136

1 Yr Low

$761,000

3 Mo Avg

80

NUMBER OF HOMES FOR SALE

20

40

60

3.61% 3.96%

3.80%

3.87%

3.67%

3.66%

3.69%

Feb-16

Mar-16

3.70%

3.61%

3.60% 3.50% 3.40% 3.30%

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Apr-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

April 2016

$600,000

MEDIAN SALE PRICE 1 Yr High

1 Yr High

$620,000

1 Yr Low 3 Mo Avg

$603,333

3 Mo Avg

Apr 2016

$600,000

Apr 2016

$200,000

$400,000

AVERAGE COST PER SQUARE FOOT

$600,000

$800,000

Apr 2016 $260

$270

3 Mo Avg

102%

3 Mo Avg

Apr 2016

102%

Apr 2016

98%

100%

102%

104%

3.98%

4.00%

4.05% 3.91%

3.84%

3.89%

3.90% 3.80%

50

100

150

200

3.94%

250

25 60

25 39 25

0

AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%

192

1 Yr Low

99%

96%

173

1 Yr High

103%

1 Yr Low

192

79

AVERAGE DAYS ON MARKET

1 Yr High

400

211

0

102%

LIST PRICE TO SALE PRICE RATIO

300

Apr 2016

$266 $250

200

3 Mo Avg

$264

$240

100

1 Yr Low

3 Mo Avg

$230

200

1 Yr High

$241

$220

168

NUMBER OF PENDING SALES $266

1 Yr Low

147

0

$266

1 Yr High

311

1 Yr Low

$508,000

$0

200

NUMBER OF HOMES FOR SALE

20

40

60

80

3.61% 3.96%

3.80%

3.87%

3.67%

3.66%

3.69%

Feb-16

Mar-16

3.70%

3.61%

3.60% 3.50% 3.40% 3.30%

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Apr-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

April 2016

$806,000

MEDIAN SALE PRICE 1 Yr High

1 Yr High

$921,000

1 Yr Low 3 Mo Avg

$821,000

3 Mo Avg

Apr 2016

$806,000

Apr 2016

$500,000

$1,000,000

Apr 2016 $300

$400

$500

1 Yr High

102%

3 Mo Avg

Apr 2016

102%

Apr 2016

102%

103%

104%

3.98%

4.00%

4.05% 3.91%

3.84%

3.89%

3.90% 3.80%

58 20

40

60

80

3.94%

100

25 50

14 39 25

0

AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%

54

1 Yr Low

3 Mo Avg

101%

30

1 Yr High

101%

100%

100

58

AVERAGE DAYS ON MARKET 103%

1 Yr Low

80

95

0

102%

LIST PRICE TO SALE PRICE RATIO

60

Apr 2016

$444 $200

40

3 Mo Avg

$421

$100

20

1 Yr Low

$367

$0

72

1 Yr High

$444

3 Mo Avg

58

NUMBER OF PENDING SALES

1 Yr High 1 Yr Low

42

0

$444

AVERAGE COST PER SQUARE FOOT

81

1 Yr Low

$700,000

$0

72

NUMBER OF HOMES FOR SALE

20

40

60

3.61% 3.96%

3.80%

3.87%

3.67%

3.66%

3.69%

Feb-16

Mar-16

3.70%

3.61%

3.60% 3.50% 3.40% 3.30%

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Apr-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

April 2016

$660,000

MEDIAN SALE PRICE 1 Yr High

1 Yr High

$667,000

1 Yr Low 3 Mo Avg

$659,000

3 Mo Avg

Apr 2016

$660,000

Apr 2016

$550,000

$600,000

AVERAGE COST PER SQUARE FOOT

$650,000

$700,000

Apr 2016 $360

$380

3 Mo Avg Apr 2016 104%

106%

108%

110%

4.05% 3.91%

3.84%

3.89%

3.90% 3.80%

150

200

250

14 26

10 16 14

0

AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%

100

Apr 2016

105%

3.98%

50

3 Mo Avg

106%

4.10%

213

1 Yr Low

102%

102%

183

1 Yr High

108%

100%

76

AVERAGE DAYS ON MARKET

1 Yr High

213 220

0

105%

LIST PRICE TO SALE PRICE RATIO

150

Apr 2016

$369 $340

100

3 Mo Avg

$366

98%

50

1 Yr Low

3 Mo Avg

1 Yr Low

122

1 Yr High

$326

$320

101

NUMBER OF PENDING SALES $373

$300

49

0

$369

1 Yr High 1 Yr Low

133

1 Yr Low

$575,000

$500,000

122

NUMBER OF HOMES FOR SALE

3.94%

10

20

30

3.61% 3.96%

3.80%

3.87%

3.67%

3.66%

3.69%

Feb-16

Mar-16

3.70%

3.61%

3.60% 3.50% 3.40% 3.30%

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Apr-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

April 2016

$702,000

MEDIAN SALE PRICE 1 Yr High

$739,000

1 Yr Low

1 Yr High

3 Mo Avg

$707,000

3 Mo Avg

Apr 2016

$702,000

Apr 2016

$200,000

$400,000

AVERAGE COST PER SQUARE FOOT

$600,000

$800,000

1 Yr Low 3 Mo Avg Apr 2016 $300

$400

104%

3.98%

4.00%

106%

108%

3.91%

150

22 26 12 19

3.89%

22

0

4.05%

3.84%

100

Apr 2016

3.90% 3.80%

50

3 Mo Avg

AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%

121

1 Yr Low

106% 102%

107

1 Yr High

106%

100%

43

AVERAGE DAYS ON MARKET

102%

Apr 2016

121 140

0

106%

3 Mo Avg

150

Apr 2016

106%

1 Yr Low

100

3 Mo Avg

$379

1 Yr High

50

1 Yr Low $365

LIST PRICE TO SALE PRICE RATIO

88

1 Yr High

$309

$200

72

NUMBER OF PENDING SALES $379

$100

42

0

$379

1 Yr High

$0

107

1 Yr Low

$550,000

$0

88

NUMBER OF HOMES FOR SALE

3.94%

10

20

30

3.61% 3.96%

3.80%

3.87%

3.67%

3.66%

3.69%

Feb-16

Mar-16

3.70%

3.61%

3.60% 3.50% 3.40% 3.30%

Apr-15

May-15

Jun-15

Jul-15

Aug-15

Sep-15

Oct-15

Nov-15

Dec-15

Jan-16

Apr-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


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