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 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
May 2016
$504,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$573,000
1 Yr Low 3 Mo Avg
$504,333
3 Mo Avg
May 2016
$504,000
May 2016
$200,000
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
$800,000
$319
3 Mo Avg May 2016 $280
$300
$320
$340
1 Yr High
May 2016 104%
106%
50
100
3.91%
3.89%
3.90%
150
200
250
12 35
12 17 12
0
4.05%
3.84%
200
May 2016
105%
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
177
3 Mo Avg
105%
3.98%
85
1 Yr Low
3 Mo Avg
200
1 Yr High
101%
4.10%
150
200
AVERAGE DAYS ON MARKET 105%
102%
100
200
0
105%
LIST PRICE TO SALE PRICE RATIO
100%
50
May 2016
$319
98%
0
3 Mo Avg
$316
1 Yr Low
108
1 Yr Low
$272
$260
98
1 Yr High
$321
$240
68
NUMBER OF PENDING SALES
1 Yr High 1 Yr Low
154
1 Yr Low
$447,000
$0
108
NUMBER OF HOMES FOR SALE
3.94%
3.96%
3.80%
10
20
30
40
3.60% 3.87%
3.80%
3.66%
3.69%
Feb-16
Mar-16
3.70%
3.61%
3.60%
Apr-16
May-16
3.60% 3.50% 3.40% 3.30%
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 MEDIAN SALE PRICE
May 2016
$500,000
1 Yr High
1 Yr High
$500,000
1 Yr Low 3 Mo Avg
$400,000
$600,000
$180
$200
$220
$240
3 Mo Avg May 2016 101%
102%
103%
3.98%
4.00%
4.05% 3.91%
3.84%
3.89%
3.90%
28
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
28
36
May 2016
102% 100%
150
27
3 Mo Avg
101%
99%
100
70
1 Yr Low
99%
98%
50
1 Yr High
102%
97%
99
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
102
0
102%
LIST PRICE TO SALE PRICE RATIO
45
May 2016
$235
3.94%
3.96%
3.80%
200
99
3 Mo Avg
$227
May 2016
150
110
1 Yr Low
$196
3 Mo Avg
100
1 Yr High
$235
$160
50
NUMBER OF PENDING SALES
1 Yr High 1 Yr Low
113 0
$235
AVERAGE COST PER SQUARE FOOT
93
May 2016
$500,000 $200,000
62
3 Mo Avg
$482,000
May 2016
172
1 Yr Low
$375,000
$0
113
NUMBER OF HOMES FOR SALE
20
40
60
80
3.60% 3.87%
3.80%
3.66%
3.69%
Feb-16
Mar-16
3.70%
3.61%
3.60%
Apr-16
May-16
3.60% 3.50% 3.40% 3.30%
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
May 2016
$480,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$510,000
1 Yr Low
88
NUMBER OF HOMES FOR SALE
123
1 Yr Low
$414,000
62
3 Mo Avg
$489,000
3 Mo Avg
90
May 2016
$480,000
May 2016
88
$0
$200,000
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
0
$295
1 Yr High
$100
$200
$300
$400
0
3 Mo Avg
102%
104%
106%
108%
3.98%
4.00%
4.05% 3.91%
3.84%
3.89%
3.90%
22 18
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
18
May 2016
104% 100%
150
18
3 Mo Avg
105%
May 2016
100
37
1 Yr Low
100%
98%
50
1 Yr High
106%
96%
140
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
126
May 2016
104%
LIST PRICE TO SALE PRICE RATIO
47
3 Mo Avg
$295 $0
140 140
1 Yr Low
$283
May 2016
150
1 Yr High
$238
3 Mo Avg
100
NUMBER OF PENDING SALES
$295
1 Yr Low
50
3.94%
3.96%
3.80%
10
20
30
40
3.60% 3.87%
3.80%
3.66%
3.69%
Feb-16
Mar-16
3.70%
3.61%
3.60%
Apr-16
May-16
3.60% 3.50% 3.40% 3.30%
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
May 2016
$907,000
1 Yr High
$907,000
1 Yr Low 3 Mo Avg
$907,000
$300
$400
$500
1 Yr High
102%
104%
3.98%
4.00%
4.05% 3.91%
3.84%
3.89%
3.90%
20
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
20
24
May 2016
103% 100%
150
18
3 Mo Avg
103%
May 2016
100
66
1 Yr Low
3 Mo Avg
98%
50
1 Yr High
99%
96%
102
AVERAGE DAYS ON MARKET 103%
1 Yr Low
98
0
103%
LIST PRICE TO SALE PRICE RATIO
43
May 2016
$460 $200
150
102
3 Mo Avg
$447
$100
100
110
1 Yr Low
$370
$0
50
1 Yr High
$460
May 2016
108
NUMBER OF PENDING SALES
1 Yr High
3 Mo Avg
93
0
$460
1 Yr Low
48
May 2016
$200,000 $400,000 $600,000 $800,000$1,000,000
AVERAGE COST PER SQUARE FOOT
128
3 Mo Avg
$852,667
May 2016
1 Yr High 1 Yr Low
$660,000
$0
108
NUMBER OF HOMES FOR SALE
3.94%
3.96%
3.80%
20
40
60
80
3.60% 3.87%
3.80%
3.66%
3.69%
Feb-16
Mar-16
3.70%
3.61%
3.60%
Apr-16
May-16
3.60% 3.50% 3.40% 3.30%
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 MEDIAN SALE PRICE
May 2016
$804,000
1 Yr High
1 Yr High
$806,000
1 Yr Low 3 Mo Avg
$200,000 $400,000 $600,000 $800,000$1,000,000
3 Mo Avg
$302
3 Mo Avg
May 2016
$310
May 2016
$300
$400
3 Mo Avg May 2016 100%
102%
104%
3.98%
4.00%
4.05% 3.91%
3.84%
3.89%
3.90%
3.94%
3.96%
3.80%
150
22
22 24 22
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
100
49
May 2016
103% 98%
50
3 Mo Avg
103%
96%
126
1 Yr Low
98%
94%
117
1 Yr High
103%
1 Yr Low
126
AVERAGE DAYS ON MARKET
1 Yr High
200
57
0
103%
LIST PRICE TO SALE PRICE RATIO
150
136
1 Yr Low
$260
$200
100
1 Yr High
$318
$100
50
NUMBER OF PENDING SALES
1 Yr High
$0
113 0
$310
1 Yr Low
98
May 2016
$804,000
AVERAGE COST PER SQUARE FOOT
64
3 Mo Avg
$782,333
May 2016
155
1 Yr Low
$649,000
$0
113
NUMBER OF HOMES FOR SALE
20
40
60
3.60% 3.87%
3.80%
3.66%
3.69%
Feb-16
Mar-16
3.70%
3.61%
3.60%
Apr-16
May-16
3.60% 3.50% 3.40% 3.30%
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
May 2016
$1,565,000
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
$493
AVERAGE COST PER SQUARE FOOT 1 Yr High
$200
$400
LIST PRICE TO SALE PRICE RATIO
$800
4.00%
100%
105%
20
3.91%
30
3.89%
3.90%
40
3.94%
3.96%
3.80%
50
24 68
23 34 24
0
4.05%
3.84%
10
May 2016
AVERAGE 30-YEAR FIXED INTEREST RATE 3.98%
29
3 Mo Avg
99%
4.10%
31
1 Yr Low 101%
95%
9
1 Yr High
95%
90%
29
AVERAGE DAYS ON MARKET 103%
May 2016
80
46
0
99%
3 Mo Avg
60
May 2016
$600
1 Yr High 1 Yr Low
40
3 Mo Avg
$493 $0
20
1 Yr Low
$453
May 2016
0
1 Yr High
$409
3 Mo Avg
58
NUMBER OF PENDING SALES $678
1 Yr Low
48
May 2016
$1,565,000 $0
25
3 Mo Avg
$1,475,000
May 2016
66
1 Yr Low
$1,062,000
3 Mo Avg
58
NUMBER OF HOMES FOR SALE
20
40
60
80
3.60% 3.87%
3.80%
3.66%
3.69%
Feb-16
Mar-16
3.70%
3.61%
3.60%
Apr-16
May-16
3.60% 3.50% 3.40% 3.30%
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
May 2016
$1,859,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$1,929,000
1 Yr Low 3 Mo Avg
$1,818,000
3 Mo Avg
May 2016
$1,859,000
May 2016
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$626
AVERAGE COST PER SQUARE FOOT 1 Yr High
$200
$400
LIST PRICE TO SALE PRICE RATIO
$600
$800
3.98%
4.00%
98%
100%
102%
3.91%
3.89%
3.90%
40
3.94%
3.96%
3.80%
60
22 83
22 38 22
0
4.05%
3.84%
20
May 2016
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
50
3 Mo Avg
100% 96%
47
1 Yr Low
May 2016 94%
23
1 Yr High
100%
150
50
AVERAGE DAYS ON MARKET
96%
3 Mo Avg
100
51
0
100%
1 Yr Low
50
May 2016
100%
1 Yr High
0
3 Mo Avg
$626
$0
99
1 Yr Low
$591
May…
88
1 Yr High
$520
3 Mo Avg
50
NUMBER OF PENDING SALES $718
1 Yr Low
108
1 Yr Low
$1,585,000
$0
99
NUMBER OF HOMES FOR SALE
50
100
3.60% 3.87%
3.80%
3.66%
3.69%
Feb-16
Mar-16
3.70%
3.61%
3.60%
Apr-16
May-16
3.60% 3.50% 3.40% 3.30%
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
May 2016
$750,000
MEDIAN SALE PRICE 1 Yr High
$750,000
1 Yr Low 3 Mo Avg
$738,333
May 2016
$750,000 $200,000
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
$339
May 2016
3 Mo Avg
May 2016
$339
May 2016
$320
$340
$360
106% 100%
102%
3.98%
4.00%
104%
106%
50
3.91%
100
3.89%
3.90%
150
14 32
11 14
May 2016
14
108%
0
4.05%
3.84%
104
3 Mo Avg
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
83
1 Yr Low 105%
98%
36
1 Yr High
101%
May 2016
150
104
AVERAGE DAYS ON MARKET 106%
3 Mo Avg
100
104
0
106%
1 Yr High 1 Yr Low
50
1 Yr Low $338
LIST PRICE TO SALE PRICE RATIO
66
1 Yr High
3 Mo Avg
$300
56
NUMBER OF PENDING SALES
$297
$280
31
0
$348
$260
102
3 Mo Avg
$800,000
1 Yr High 1 Yr Low
1 Yr High 1 Yr Low
$613,000
$0
66
NUMBER OF HOMES FOR SALE
3.94%
3.96%
3.80%
10
20
30
40
3.60% 3.87%
3.80%
3.66%
3.69%
Feb-16
Mar-16
3.70%
3.61%
3.60%
Apr-16
May-16
3.60% 3.50% 3.40% 3.30%
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
May 2016
$681,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$715,000
1 Yr Low
May 2016 $650,000
AVERAGE COST PER SQUARE FOOT
$700,000
$750,000
$260
$270
$280
$290
3 Mo Avg
102%
104%
3.98%
4.10% 4.00%
4.05% 3.91%
3.84%
16
3.89%
3.90%
16
0
AVERAGE 30-YEAR FIXED INTEREST RATE 3.94%
3.96%
3.80%
400
26
May 2016
102% 100%
300
16
3 Mo Avg
102%
May 2016
200
47
1 Yr Low
99%
98%
100
1 Yr High
103%
96%
304
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
248
0
102%
LIST PRICE TO SALE PRICE RATIO
63
May 2016
$279
400
304
3 Mo Avg
$278
May 2016
300
304
1 Yr Low
3 Mo Avg
$250
200
1 Yr High
$250
$240
100
NUMBER OF PENDING SALES $281
$230
220 0
$279
1 Yr High 1 Yr Low
202
May 2016
$681,000 $600,000
134
3 Mo Avg
$692,000
$550,000
320
1 Yr Low
$621,000
3 Mo Avg
220
NUMBER OF HOMES FOR SALE
20
40
60
3.60% 3.87%
3.80%
3.66%
3.69%
Feb-16
Mar-16
3.70%
3.61%
3.60%
Apr-16
May-16
3.60% 3.50% 3.40% 3.30%
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
May 2016
$715,000
MEDIAN SALE PRICE 1 Yr High
$739,000
1 Yr Low
1 Yr High
3 Mo Avg
$693,000
3 Mo Avg
May 2016
$715,000
May 2016
$200,000
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
$800,000
May 2016 $280
$300
May 2016 100%
102%
104%
4.05% 3.91%
3.84%
100
3.89%
3.90%
150
30 61
21 32 30
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
50
May 2016
103%
3.98%
102
3 Mo Avg
102%
4.10%
90
1 Yr Low
99%
98%
45
1 Yr High
103%
3 Mo Avg
102
AVERAGE DAYS ON MARKET
1 Yr High
3.94%
3.96%
3.80%
200
105
0
103%
LIST PRICE TO SALE PRICE RATIO
150
May 2016
$295 $260
100
3 Mo Avg
$291
96%
50
1 Yr Low
3 Mo Avg
1 Yr Low
97
1 Yr High
$249
$240
85
NUMBER OF PENDING SALES $295
$220
57
0
$295
1 Yr High 1 Yr Low
148
1 Yr Low
$594,000
$0
97
NUMBER OF HOMES FOR SALE
20
40
60
80
3.60% 3.87%
3.80%
3.66%
3.69%
Feb-16
Mar-16
3.70%
3.61%
3.60%
Apr-16
May-16
3.60% 3.50% 3.40% 3.30%
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
May 2016
$990,000
1 Yr High
1 Yr High
$1,000,000
1 Yr Low
$910,667
May 2016
$990,000 $0
$500,000
$1,000,000
1 Yr High
$392 $0
$100
$200
LIST PRICE TO SALE PRICE RATIO
$300
$400
3 Mo Avg
86
May 2016
86
3.98%
4.00%
100%
102%
104%
3.91%
3.89%
3.90%
100
3.94%
3.96%
3.80%
150
21 51
15 23 21
0
4.05%
3.84%
50
May 2016
AVERAGE 30-YEAR FIXED INTEREST RATE 4.10%
41
3 Mo Avg
103% 98%
86
1 Yr High
103%
May 2016
150
101
1 Yr Low
3 Mo Avg
100
AVERAGE DAYS ON MARKET
97%
96%
50
0
103%
94%
0
$500
103%
1 Yr High 1 Yr Low
82
1 Yr Low
$382
May 2016
May 2016
1 Yr High
$331
3 Mo Avg
82
NUMBER OF PENDING SALES
$404
1 Yr Low
64
3 Mo Avg
$1,500,000
$392
AVERAGE COST PER SQUARE FOOT
136
1 Yr Low
$761,000
3 Mo Avg
82
NUMBER OF HOMES FOR SALE
20
40
60
3.60% 3.87%
3.80%
3.66%
3.69%
Feb-16
Mar-16
3.70%
3.61%
3.60%
Apr-16
May-16
3.60% 3.50% 3.40% 3.30%
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
May 2016
$650,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$650,000
1 Yr Low 3 Mo Avg
$400,000
AVERAGE COST PER SQUARE FOOT
$600,000
$800,000
$260
$280
$300
3 Mo Avg May 2016
102%
104%
4.00%
4.05% 3.91%
3.84%
3.89%
3.90%
3.94%
3.96%
3.80%
250
25
28 25
0
AVERAGE 30-YEAR FIXED INTEREST RATE 3.98%
200
25
May 2016
102% 100%
150
60
3 Mo Avg
102%
4.10%
100
1 Yr Low
99%
98%
50
1 Yr High
103%
96%
222
AVERAGE DAYS ON MARKET
1 Yr High 1 Yr Low
202
0
102%
LIST PRICE TO SALE PRICE RATIO
79
May 2016
$278 $240
400
222
3 Mo Avg
$270
May 2016
300
222
1 Yr Low
3 Mo Avg
200
1 Yr High
$241
$220
100
NUMBER OF PENDING SALES
$278
1 Yr Low
194 0
$278
1 Yr High
182
May 2016
$650,000 $200,000
147
3 Mo Avg
$613,333
May 2016
311
1 Yr Low
$508,000
$0
194
NUMBER OF HOMES FOR SALE
20
40
60
80
3.60% 3.87%
3.80%
3.66%
3.69%
Feb-16
Mar-16
3.70%
3.61%
3.60%
Apr-16
May-16
3.60% 3.50% 3.40% 3.30%
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
May 2016
$970,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$970,000
1 Yr Low
$500,000
$1,000,000
AVERAGE COST PER SQUARE FOOT
$1,500,000
3 Mo Avg May 2016
$500
1 Yr High
May 2016 102%
103%
104%
4.05% 3.91%
3.84%
3.89%
3.90%
80
3.94%
3.96%
3.80%
100
25
14 30 25
0
AVERAGE 30-YEAR FIXED INTEREST RATE 4.00%
60
50
May 2016
103%
3.98%
40
3 Mo Avg
103%
4.10%
20
1 Yr Low
3 Mo Avg
101%
90
1 Yr High
101%
100%
69
AVERAGE DAYS ON MARKET 103%
1 Yr Low
90
30
0
103%
LIST PRICE TO SALE PRICE RATIO
100
May 2016
$421 $400
80
3 Mo Avg
$428
$300
60
90
1 Yr Low
$367
$200
40
1 Yr High
$444
$100
20
NUMBER OF PENDING SALES
1 Yr High
$0
73 0
$421
1 Yr Low
66
May 2016
$970,000 $0
42
3 Mo Avg
$877,667
May 2016
81
1 Yr Low
$700,000
3 Mo Avg
73
NUMBER OF HOMES FOR SALE
20
40
60
3.60% 3.87%
3.80%
3.66%
3.69%
Feb-16
Mar-16
3.70%
3.61%
3.60%
Apr-16
May-16
3.60% 3.50% 3.40% 3.30%
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
May 2016
$670,000
MEDIAN SALE PRICE 1 Yr High
1 Yr High
$670,000
1 Yr Low 3 Mo Avg
$660,000
May 2016
$670,000 $550,000
$600,000
AVERAGE COST PER SQUARE FOOT
$650,000
$367
May 2016 $340
$360
$380
1 Yr High
4.00%
104%
106%
108%
3.91%
3.89%
3.90%
200
300
15 26
10 15
May 2016
15
110%
0
4.05%
3.84%
100
3 Mo Avg
AVERAGE 30-YEAR FIXED INTEREST RATE 3.98%
251
1 Yr Low
106%
4.10%
218
1 Yr High
106%
102%
76
AVERAGE DAYS ON MARKET
102%
May 2016
251 251
0
108%
3 Mo Avg
150
May 2016
106%
LIST PRICE TO SALE PRICE RATIO
100
3 Mo Avg
$367
100%
50
1 Yr High
$364
98%
105
1 Yr Low
3 Mo Avg
1 Yr Low
May 2016
NUMBER OF PENDING SALES
$326
$320
107
0
$373
$300
49
3 Mo Avg
$700,000
1 Yr High 1 Yr Low
133
1 Yr Low
$575,000
$500,000
105
NUMBER OF HOMES FOR SALE
3.94%
3.96%
3.80%
10
20
30
3.60% 3.87%
3.80%
3.66%
3.69%
Feb-16
Mar-16
3.70%
3.61%
3.60%
Apr-16
May-16
3.60% 3.50% 3.40% 3.30%
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
May 2016
$648,000
MEDIAN SALE PRICE 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 May 2016
$400
May 2016
106%
108%
4.00%
4.05% 3.91%
3.84%
16
3.89%
3.90%
12 18 16
0
AVERAGE 30-YEAR FIXED INTEREST RATE 3.98%
200
26
May 2016
106% 104%
150
3 Mo Avg
106%
4.10%
100
1 Yr Low
3 Mo Avg
102%
50
1 Yr High
102%
100%
151
AVERAGE DAYS ON MARKET 106%
1 Yr Low
133
0
106%
1 Yr High
43
May 2016
$346 $300
150
151
3 Mo Avg
$361
LIST PRICE TO SALE PRICE RATIO
100
151
1 Yr Low
$309
$200
50
1 Yr High
$379
$100
71
NUMBER OF PENDING SALES
1 Yr High
$0
75
0
$346
1 Yr Low
42
May 2016
$648,000 $200,000
107
3 Mo Avg
$696,333
May 2016
1 Yr High 1 Yr Low
$550,000
$0
71
NUMBER OF HOMES FOR SALE
3.94%
3.96%
3.80%
10
20
30
3.60% 3.87%
3.80%
3.66%
3.69%
Feb-16
Mar-16
3.70%
3.61%
3.60%
Apr-16
May-16
3.60% 3.50% 3.40% 3.30%
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