May 13th 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.

May 13, 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

May 13, 2016 THIS WEEK IN West Seattle

ACTIVE LISTINGS and PENDING SALES

Area 140 6 0 5

$1.5-2M

1

$1.251.5M

120

1 4 0

$900999k

6 4

$800899k

6 1

$700799k

Pending Sales 6

$600699k

16 7

$500599k

16 10

$400499k

21

Percent Sold

11

$250399k

43%

30 14 1 0

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

0.4

0.5

0.5

$500599k

$600699k

$700799k

0.9

0.7

0.3

$900999k

0.4

$800899k

0.5

$400499k

$0-249k

0.2

$250399k

1.4

1.2

1.4

$2M+

 Active Listings

$1.5-2M

$0-249k

52

3

$1.251.5M

$1-1.25M

Active Listings 3

$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

Renton Highlands

weekly real estate report

May 13, 2016 THIS WEEK IN Renton Highlands

ACTIVE LISTINGS and PENDING SALES

Area 350 $2M+ $1.5-2M

3 0 2 0

$1.251.5M $1-1.25M $900999k

Active Listings 1 1

0 4 0

$800899k $700799k

5 2

Pending Sales 12

22

1

$600699k

16 6

$500599k

9 3

$400499k

24

Percent Sold

5

$250399k $0-249k

10

6

21%

20 3 4 1

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

0.2

0.5

0.7

$1.251.5M

$1.5-2M

$2M+

1.4

$11.25M

0.9

$900999k

0.6

$800899k

0.6

$700799k

0.7

$600699k

$250399k

$0249k

1.1

$400499k

1.6 0.9

$500599k

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


THE MARKET TALKS

South Seattle

weekly real estate report

May 13, 2016 THIS WEEK IN South Seattle

ACTIVE LISTINGS and PENDING SALES

Area 380/385 $2M+ $1.5-2M $1.251.5M $1-1.25M $900999k

4 0 2 0

Active Listings 1

10

0 4 0 3 0

$800899k

4 2

$700799k

Pending Sales 3

$600699k

13 3

$500599k

24 2

$400499k

20

Percent Sold

9

$250399k $0-249k

23

1

22%

23 6 2 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

0.9

$900999k

$1-1.25M

0.2

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

0.9

$2M+

0.7

$1.5-2M

0.5

$1.251.5M

0.7

$800899k

$500599k

$600699k

1.0

0.5

$400499k

0.9

$250399k

$0-249k

0.5

$700799k

2.8


THE MARKET TALKS

Central Seattle

weekly real estate report

May 13, 2016 THIS WEEK IN Central Seattle

ACTIVE LISTINGS and PENDING SALES

Area 390 $2M+

16 0 11

$1.5-2M $1.251.5M

3

8 2

$900999k

2

$800899k

2

7

13

$700799k

Pending Sales 19

18

5

$600699k

1

$500599k

1

25

10

$400499k

$0-249k

12

0

$1-1.25M

$250399k

Active Listings 7

2 2

Percent Sold

15%

2 0 0 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market 5.8

 Balanced Market

 Seller's Market 3.7

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+

$1-1.25M

1.6

$1.5-2M

0.9

$1.251.5M

0.8

$900999k

1.5

$800899k

$700799k

$600699k

0.9

$500599k

0.2

$400499k

$0-249k

0.0

0.5

$250399k

2.3


THE MARKET TALKS

East Side South

weekly real estate report

May 13, 2016 THIS WEEK IN East Side South

ACTIVE LISTINGS and PENDING SALES

Area 500 $2M+

17 0 13

$1.5-2M

1

$1.251.5M

Active Listings 8

10

2 13

$1-1.25M

3

$900999k

7 4

$800899k

9 6

$700799k

Pending Sales 15

38

6

$600699k

12 8

$500599k

6 5

$400499k

0

$250399k

0 0

$0-249k

0 0

Percent Sold

3

38%

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 4.0

© 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+

0.9

$1.5-2M

$900999k

1.0

$1.251.5M

0.4

$1-1.25M

0.3

$800899k

$500599k

0.6

$700799k

0.0

0.3

$600699k

0.0

$400499k

$0-249k

0.0

0.3

$250399k

3.0


THE MARKET TALKS

Mercer Island

weekly real estate report

May 13, 2016 THIS WEEK IN Mercer Island

ACTIVE LISTINGS and PENDING SALES

Area 510 37

$2M+

1 8

$1.5-2M

1

$1.251.5M $1-1.25M $900999k

Active Listings 2

48

1 0 3 1 0

$800899k

0

$700799k

0

$600699k

0 0

$500599k

0 0

$400499k

0 0

$250399k

0 0

$0-249k

0 0

1

Pending Sales

8

1

Percent Sold

17%

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 8.6

0.0

0.0

$500599k

$600699k

$700799k

$800899k

$900999k

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

$2M+

0.0

$1.5-2M

0.0

$1.251.5M

0.0

0.5

$11.25M

0.0

$400499k

$0249k

0.0

$250399k

1.9 0.2


THE MARKET TALKS

West Bellevue

weekly real estate report

May 13, 2016 THIS WEEK IN West Bellevue

ACTIVE LISTINGS and PENDING SALES

Area 520 78

$2M+

4 7

$1.5-2M

10

0 4 1

$900999k

2 2

$800899k

0

Pending Sales

$700799k

1 0

$600699k

1 0

10

$500599k

0 0

$400499k

0 0

$250399k

0 0

$0-249k

0 0

3

Percent Sold

10%  Pending Sales

0.2

0.2

$600699k

$700799k

0.9

1.2

$1.251.5M

0.0

4.5

$1-1.25M

0.0

0.7

 Seller's Market

0.5

0.2

$900999k

0.0

$500599k

 Balanced Market

$400499k

$0-249k

0.0

 Buyer's Market

$250399k

MONTHS OF INVENTORY

$800899k

 Active Listings

© 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

Active Listings 5

$1.5-2M

$1.251.5M

3


THE MARKET TALKS

East Bellevue

weekly real estate report

May 13, 2016 THIS WEEK IN East Bellevue

ACTIVE LISTINGS and PENDING SALES

Area 530

$1.5-2M

12 0 8 0

Active Listings

$1.251.5M

6

63

1 1 1

$1-1.25M $900999k

2

$800899k

2

6

5

$700799k

Pending Sales 12

20

1

$600699k

7 4

$500599k

3 9

$400499k

0

Percent Sold

$250399k

0 0

32%

$0-249k

0 0

3

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

2.8

2.8 1.9

$1.5-2M

0.2

$1.251.5M

0.7

$1-1.25M

0.6

$900999k

0.4

$700799k

$500599k

$400499k

$250399k

$0-249k

0.1

0.0

$600699k

0.7 0.0

$800899k

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+

$2M+


THE MARKET TALKS

East Lake Sammamish

weekly real estate report

May 13, 2016 THIS WEEK IN East Lake Sammamish

ACTIVE LISTINGS and PENDING SALES

Area 540 $2M+

10 0 17

$1.5-2M

2

$1.251.5M

Active Listings 27

47

$1-1.25M

5

$900999k

9

$800899k

9

21

25

$700799k

Pending Sales 25

63

5

$600699k

22 13

$500599k

20 8

$400499k

13

Percent Sold

6

$250399k $0-249k

242

1

26%

12 10 3 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

$500599k

$600699k

0.5

2.0

2.3

$2M+

$400499k

0.6

$1.251.5M

0.4

$11.25M

0.6

$900999k

0.5

$700799k

0.3

$250399k

$0249k

0.7

$800899k

2.2 1.2

$1.5-2M

6.3

© 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

Redmond-Carnation

weekly real estate report

May 6, 2016 THIS WEEK IN Redmond-Carnation

ACTIVE LISTINGS and PENDING SALES

Area 550

Active Listings 10

16

$1-1.25M

4

$900999k

9 1

$800899k

5 3

17

0

$600699k

9 2

$500599k

3

$400499k

3

7

7

$250399k

Percent Sold

18%

5 1 3 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market 2.6

1.2

0.4

$800899k

$500599k

1.6 0.9

$700799k

0.5

2.3

2.1

1.0

$600699k

0.5

$400499k

$250399k

$0-249k

0.7

1.2

 Seller's Market

© 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

Pending Sales 11

$1.5-2M

$700799k

94

0

$1.251.5M

$1.251.5M

7 0

$1-1.25M

$1.5-2M

5 0

$900999k

$2M+


THE MARKET TALKS

Kirkland-Bridle Trails

weekly real estate report

May 13, 2016 THIS WEEK IN Kirkland-Bridle Trails

ACTIVE LISTINGS and PENDING SALES

Area 560

18 0

Active Listings

$1.251.5M

11 0

$900999k

3

$800899k

3

11

9

$700799k

Pending Sales

3

3

$500599k

3

7

5

$400499k

0

$250399k

0

1

Percent Sold

16%

1

0 0

 Pending Sales

0.4

0.5

0.3

$600699k

$700799k

0.7

0.9

2.6

2.3

4.2

4.4

$2M+

0.2

 Seller's Market

$1.5-2M

0.2

$500599k

 Balanced Market

$400499k

$0-249k

 Buyer's Market

$250399k

MONTHS OF INVENTORY

$1.251.5M

 Active Listings

0.0

15

2

$600699k

$0-249k

95

1

$1-1.25M

$1-1.25M

10

$900999k

$1.5-2M

19 0

$800899k

$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

Juanita-Woodinville

weekly real estate report

May 13, 2016 THIS WEEK IN Juanita-Woodinville

ACTIVE LISTINGS and PENDING SALES

Area 600 $2M+ $1.5-2M

16 1 9 1

$1.251.5M $1-1.25M

Active Listings 9

25 1

$900999k

2

$800899k

2

19

27

Pending Sales

$700799k

26

54

5

$600699k

17 9

$500599k

15

$400499k

15

24

22

$250399k $0-249k

211

2

Percent Sold

26%

12 3 5 1

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 5.8 3.7

3.1 2.2

2.1

© 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

$2M+

$1.5-2M

$1.251.5M

$1-1.25M

$600699k

$900999k

0.4

1.0

$800899k

0.4

$700799k

0.3

$500599k

1.2

$400499k

0.9

$250399k

$0-249k

1.2


THE MARKET TALKS

Queen Anne-Magnolia

weekly real estate report

May 13, 2016 THIS WEEK IN Queen Anne-Magnolia

ACTIVE LISTINGS and PENDING SALES

Area 700 17

$2M+

1 14

$1.5-2M

2

$1.251.5M

Active Listings 5

7

$1-1.25M

1

$900999k $800899k

77

3

5 5 8 0

Pending Sales

$700799k

12

22

4

$600699k

5 4

$500599k

3 1

$400499k

0

Percent Sold

$250399k

0 0

29%

$0-249k

1

0 1

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 4.0

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

$2M+

$1-1.25M

$1.5-2M

0.4

0.2

$900999k

1.6

$1.251.5M

0.7

$800899k

0.3

$700799k

0.7

$600699k

0.2

$500599k

0.0

$400499k

$0-249k

0.0

$250399k

1.9


THE MARKET TALKS

Ballard-Greenlake

weekly real estate report

May 13, 2016 THIS WEEK IN Ballard-Greenlake

ACTIVE LISTINGS and PENDING SALES

Area 705 $2M+ $1.5-2M

4 0 5 0

Active Listings

$1.251.5M

6

11

$1-1.25M

1

$900999k

9 3

$800899k

8 5

Pending Sales

$700799k

20

45

8

$600699k

23 7

$500599k

28 9

$400499k

16

Percent Sold

8

$250399k $0-249k

136

1

33%

6 3 0 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market

1.2

0.9

$1.251.5M

$1.5-2M

$2M+

$800899k

$1-1.25M

0.4

1.4 0.7

$900999k

0.6

$700799k

$500599k

0.8

$600699k

0.5

$400499k

$0-249k

0.0

0.5

0.7

$250399k

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


THE MARKET TALKS

North Seattle

weekly real estate report

May 13, 2016 THIS WEEK IN North Seattle

ACTIVE LISTINGS and PENDING SALES

Area 710 $2M+

11 0 8

$1.5-2M

1

$1.251.5M

4 2 7 0

$800899k

9 2

Pending Sales

$700799k

8

29

5

$600699k

10 6

$500599k

8 5

$400499k

6

Percent Sold

2

$250399k $0-249k

82

2

$1-1.25M $900999k

Active Listings 9

35%

2 4 0 0

 Active Listings

 Pending Sales

MONTHS OF INVENTORY

 Buyer's Market

 Balanced Market

 Seller's Market 2.6 1.9

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

$2M+

$1.5-2M

$1.251.5M

$1-1.25M

$700799k

1.0 0.5

$900999k

0.4

$800899k

0.4

$600699k

$400499k

$250399k

$0-249k

0.0

1.0 0.4

$500599k

0.7 0.1


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.

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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